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Hotels for Sale

Included in this list of hotels for sale: • A 198-room Clarion Inn & Conference Center. • A Florida resort and marina. • A 111-guestroom Hampton Inn. • More.
By the HNN editorial staff
June 14, 2011 | 7:47 P.M.
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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Clarion Inn & Conference Center
Evansville, Indiana

Price: New Price US$2,700,000

• Leasehold 8.5+/- acres thru 2079 offered at just 1 X TTM revenues, US$2,700,000.
-• Greatly diverse industrial base plastics, aluminum, pharmaceuticals, chemicals, auto, agriculture, textiles ensures steady market for hotel.
• Property performs at only 58% of STR comp. set: Means can increase RevPar 50+%.
• Newly constructed high & middle schools 3 miles from hotel:  Means growing area and more new commercial and retail to add heads in beds.
• Great reputation evident in steady F&B revenues in 2011.
• 2-story, 198 rooms, interior corridor.
• Largest indoor heated swimming pool; 19,277 sq ft of meeting space

Contact:   H. Brandt Niehaus
Huff, Niehaus & Associates, Inc.
502-254-7787
Email: 
brandt@huffniehaus.com
Web: www.huffniehaus.com

 


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Clarion Resort
Kissimmee, Florida

The Clarion Resort features 247 rooms and an outstanding water park located near -Walt Disney World in East Kissimmee, FL.  The brand new Mindy O Waterpark features;  50,000 square feet of water park space, 2 pool areas, 9 slides, lazy river, and children’s areas.  Interstate location on the Ronald Reagan Turnpike at exit 244, just minutes from Walt Disney World and Orlando International Airport.  The Clarion is one of the highest quality assets in the entire East Kissimmee market.  Stellar opportunity to purchase a great asset far below replacement cost at distressed pricing as the hotel is in receivership.  Great amenities in addition to the water park include; an on-site restaurant and lounge, 4,000 square feet of meeting space, a fitness center, game room, guest laundry, and 24-hour business center and gift shop.

Contact:  Steve Taylor
www.hunterhotels.net

 


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Coconut Cay Resort and Marina
Marathon, Florida

Price US$5.2 million / US$4.2 million

More a situation than an offer for sale, I am the owner/operator of 2 small 1950’s resort/marinas in Marathon, Florida Keys seeking to take on an equity partner or to pursue a disposition of one of the properties.  My properties encompass over 10 acres, ¾ mile of protected waterfront, and have 75 transient motel room rights with approvals for 125.  I have the required approvals and permits to begin a redevelopment and have devised a unique new type of vacation product and operating plan.  If you have entertained the idea of entering the high demand, restricted supply, hospitality market of one of the premier destinations in the world, the Florida Keys, please contact me at (305) 393-1999. My redevelopment business plan can be reviewed at www.theclubatcoconutcay.com/developer

Contact:  Jim Rhyne  
Coconut Cay Resort and Marina. 
(305) 393-1999
jim@coconutcay.com

 


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Golden Buddha Beach Resort
Location: Koh Phra Thong, Thailand

Price: US$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.

Contact: Peter Simmons
Email:
gbbrsale@gmail.com
Website: www.oceanlandthailand.com

 


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Hampton Inn
Location: Lexington Park, Maryland

The Hampton Inn is a lovely five-story, 111 guest room hotel in Lexington Park, -located in Southern Maryland just 60 miles south of Washington, DC.  Strong Room Revenue that is projected to be above $3,300,000 in 2011 with an NOI above 34%.  A full Hilton-mandated renovation in June 2010 was completed.  Excellent location across the street from the Patuxent River Naval Air Station, with attractions in the market including; Patuxent River Naval Air Museum, St. Mary’s River State Park, St. Mary’s College, Calvert Marine Museum, and Solomon’s Island.  Lexington Park was one of the fastest growing micropolitan areas in recent years, expanding 14.6% since 2000. 

Contact:  Kyle Stevenson
www.hunterhotels.net

 


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Plaza Hotel & Suites
Wausau, Wisconsin

Price: US$2,500,000

Timm & Associates is proud to present a full service hotel for sale! Located just off I-29 in Wausau, Wisconsin, The Plaza Hotel & Suites represents an opportunity for an experienced full service hotel operator to acquire a property with tremendous upside and potential. This meticulously owned hotel boasts 230 rooms & suites, along with over 28,000 square feet of meeting space to accommodate the largest of events and functions. In a typical year, the Plaza books 40 weddings and several business events. The hotel is situated in a leading market for business and enterprise within Wisconsin and continues to draw large groups to the area for recreation and business. The hotel is priced to support any pending PIP from all major full service brands.

Click here to fill out our confidentiality agreement and receive detailed property information

Phone: 952-932-9987
Email: info@timmhotelbroker.com
www.timmhotelbroker.com