| Following are listings of hotels for sale. The listings were supplied by hotel brokers and include a link to the brokers’ websites. For information regarding inclusion in this listing, please contact Jeff Higley at jeff@hotelnewsnow.com. |
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Comfort Inn Location: Battle Creek, Michigan Price: $3,400,000 No. Units: 98
Contact: Errol D’Souza Email: edsouza@laurelhotelbrokers.com Phone: 614-865-9445 Website: www.laurelhotelbrokers.com
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Crowne Plaza Location: Blue Ash, Ohio Price: $12,000,000 A 200 room, 2007 renovation award winner Crowne Plaza for sale for just $60,000 per key (a third of replacement costs) in the high end demographics of a major Midwest city. Cincinnati has everything the top 20 US metro markets have to offer without the congestion of a larger city. Ten Fortune 500 company headquarters, major league baseball and football, amusement parks, high quality museums, arts, theatre, orchestra and opera and higher education. The immediate market of this Crowne Plaza is a high influential and affluent neighborhood with household incomes approaching $100,000 plus 2,000,000 sf of quality office space and a growing retail area from where to pull customers to your hotel. Contact: H. Brandt Niehaus, Huff, Niehaus & Associates, Inc. Email: brandt@huffniehaus.com Phone: 502-254-7787 Website: www.huffniehaus.com
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Doubletree Richmond Airport Location: Richmond, Virginia Price: $12,000,000 The Doubletree Richmond International Airport has the best location in the market: directly across from the airport terminal. It enjoys the highest occupancy in the market and superior guest scores. The Doubletree Richmond Airport is a 5 story, full-service hotel with 160 units, 122 of the units are suites. There are 5 meeting rooms totaling 7,700 sq. ft. of banquet/conference space ranging from the 3,000 sq. ft. Presidential Ballroom which can accommodate 250 people to the 320 sq. ft. Executive Boardroom which can accommodate up to 12 people. Additional property features include Wings Restaurant/Lounge, an outdoor swimming pool, Jacuzzi, fitness center, and business center. Eight air carriers serve Richmond International Airport and more than 3.5 million travelers pass through the airport. Contact: Thomas Hamm – Sperry Van Ness/Hamm & Company Email: hammt@svn.com Phone: 203-968-1800 Website: http://Sale.svn.com/doubletree160
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Exclusive Bank-Owned All Suites Hotel Atlanta Airport Investment Opportunity – Atlanta, GA Location: Adjacent to Atlanta Hartsfield Jackson International Airport Grubb & Ellis Company - Hotels, Golf & Leisure as exclusive agent is pleased to present for sale the Bank-Owned All Suites Hotel Atlanta Airport ideally located adjacent to the world’s busiest airport - Atlanta Hartsfield Jackson International Airport. The hotel project started in early 2008, but was stalled in early 2009 as it neared completion. In mid-2009, the Lender foreclosed and took control of the Asset. Originally designed as a Cambria Suites, the 143-suite hotel is being offered unencumbered by brand and has various branding options, including Cambria Suites. The hotel features, 3,000 SF of meeting space, Bistro-style restaurant, coffee bar and lounge, 900 SF fitness center, among other amenities. It presents an opportunity to purchase and complete a hotel at a significant discount to replacement costs within a short construction time period (approximately 5 months), in a high barrier-to-entry submarket in one of the largest MSAs in the Southeast and the United States. Click here to access the Confidentiality Agreement. Contact: Sam Winterbottom or Bhavesh (B.J.) Patel Email: Sam Winterbottom (Sam.winterbottom@grubb-ellis.com) or Bhavesh (B.J.) Patel (Bj.patel@grubb-ellis.com) Phone: Sam Winterbottom (770-552-2469) or Bhavesh (B.J.) Patel (770-552-2450)
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Golden Buddha Beach Resort Koh Phra Thong, Thailand Price: $3,700,000
Ranked #1 out of 34 hotels in Phang Nga Province by Trip Advisor and rated 88% on the hip travel site i-escape, this 32 acre Resort offers a profitable and attractive business and a first class land acquisition. Koh Phra Thong is 60 miles north of Phuket. Described as the most stunning privately held beachfront land on the Andaman coast, the Resort is on a peninsula and has two idyllic beaches: 1,000 metres on the Andaman Sea and 250 metres in a sheltered Bay. The land value has risen 350% in the past seven years and is set to escalate strongly. A Clubhouse serves 25 Member owned villas. Email: gbbrsale@gmail.com Website: www.oceanlandthailand.com
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Ramada Inn East – Airport Location: Columbus, Ohio Price: $2,950,000 The Ramada Inn East - Airport is a two-story, 150 room, interior corridor hotel set on 4 acres. The hotel features newly renovated rooms. The Ramada Inn has 5 meeting rooms totaling 3,096 sq. ft including a banquet room and an executive board room. Also, included is a newly leased restaurant (projected rent $45,000). Additional property features include a fitness center, outdoor pool, gift shop, and business center. The property is convenient to I-270, just 2 miles from the Port Columbus International Airport, close to downtown Columbus, Nationwide Arena, and Ohio State University (enrollment 56,000). Other sources of business include: U.S. Defense Supply Center (15,000 employees), Mt. Carmel Hospital, and The Greater Columbus Convention Center. Contact: Thomas Hamm – Sperry Van Ness/Hamm & Company Email: hammt@svn.com Phone: 203-968-1800 Website: http://Sale.svn.com/ramadainneast
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Woodland Park County Lodge Location: Woodland Park, Colorado Price: $3,500,000 The Woodland Park Country Lodge is 2 story, 60 guestrooms, 2.17 acres of fee land, interior corridors, conference room seating 50 people and indoor pool/whirlpool with views of Pikes Peak. Perched at the summit of the Ute Pass, 18 miles west of Colorado Springs, in the beautiful Pikes Peak area, it is a 3 minute walk to shops, restaurants and cinema, 2 miles to golf, and hiking and 25 minutes to Cripple Creek Casinos. It is the only modern multi-unit property in the area, with substantial barriers to entry. The property features a guest laundry and business center with wireless internet accessible throughout. In late 2008, approximately $500,000 was spent remodeling the property and all guestrooms. Contact: Scoggin Blue LLC Phone: 575-523-7421 Website: www.scogginblue.com |
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