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BEST DEALS: HOTELS & MOTELS

PHOTO DESCRIPTION

Price: $3,500,000
Type: Franchise

CAP: 12%, Built in 1999, 58 Rooms
Down Payment(35%): $1,225,000
Net Operating Income: $420,000
Mortgage Payment(6% Interest): $163,677
Principle Paid: $27,937
Before-Tax Cash Flow(Money you take home): $256,323
Cash on Cash Return: 23.2%

Built new as a Comfort Inn in 1999 the building is a total of 29,511SF on 3 floors with 58 rooms. The property's revenue has been increasing for the last three years. Amenities include heated indoor pool, guest laundry facilities, high speed internet, business center, free hot breakfast bar, meeting rooms and a full fitness center located next door. Each room includes standard amenities such as coffee makers, hair dryers, irons and ironing boards and refrigerators. Choose from handicap accessibility, non-smoking or smoking rooms. Pets are welcomed for a small fee.


Price: $3,300,000
Type: Independent

CAP: 10.4%, Built in 1990, 49 Rooms

Down Payment(35%): $1,155,000
Net Operating Income: $343,200
Mortgage Payment(6% Interest): $154,324
Principle Paid: $26,341
Before-Tax Cash Flow(Money you take home): $188,876
Cash on Cash Return: 18.6%

Great investment opportunity in the heart of the business district. A facing the beautiful Lewis River. Property was built in 1990. 10 Units are river front and all doors are card-lock. Air conditioning and shower tubs in all units. All units contain Thomasville Furniture, and Sealy Posturpedic Matresses. Property contains 2 managers quarters.

Price: $55,000,000
Type: Independent

CAP: 8.1%, Built in 2001, 396 Rooms

Down Payment(35%): $19,250,000
Net Operating Income: $4,455,000
Mortgage Payment(6% Interest): $2,572,072
Principle Paid: $439,014
Before-Tax Cash Flow(Money you take home): $1,882,928
Cash on Cash Return: 12.1%

Emerald Suites Las Vegas Blvd. is a 396-unit hotel facility constructed in 2001 and sits on 7.75 acres with 143 feet of frontage on Las Vegas Blvd. There are two guest laundry rooms, exercise room, meeting room, business center, outdoor heated pool and spa, and an office/lobby area. 10 of the 396 units are used for office/central reservations and could be converted back to available rooms. Suites are fully furnished and applianced.


Price: $3,900,000
Type: Independent

CAP: 10%, Built in 2003, 24 Rooms

Down Payment(35%): $1,365,000
Net Operating Income: $390,000
Mortgage Payment(6% Interest): $182,383
Principle Paid: $31,130
Before-Tax Cash Flow(Money you take home): $207,617
Cash on Cash Return: 17.5%

We are pleased to announce this great opportunity for an astute investor/developer to aqcuire a 24 unit hotel on 20 acres zoned recreational planned development for future expansion. The existing 18 acres has plans and ENTITLEMENTS FOR FUTURE EXPANSION!!! Thats right already entitled until 2009. Break ground at COE. The existing structue sits on 2 acres. with four more acres zoned for motel expansion icnluding a central wing (office, manage home, assistant manager apartment, and garages) a mirror image of existing 24 unit and a Conference Center (2 story Y-shaped building with kitchen and dining facility which can also be used for weddings and banquets. All utilites have already been installed for development. There is an additional six acres with 600' frontage ON THE KERN RIVER!!! (This is the only privately owned river frontage 7 miles in either direction!) There are plans for 34 condominiums to be built on the river! And finally there are 8 more acres on the hilside behind the motel with incredible views of the 9,000'+ mountain peaks where additonal plans have been drawn up to construct 14 condo's. Again Fully Entitled!!!



Price: $7,300,000
Type: Franchise

CAP: 10.5%, Built in 1999, 58 Rooms

Down Payment(35%): $2,555,000
Net Operating Income: $766,500
Mortgage Payment(6% Interest): $341,384
Principle Paid: $58,269
Before-Tax Cash Flow(Money you take home): $425,116
Cash on Cash Return: 18.9%

The 58-room (60 rooms possible) hotel is a premier property catering to up-scale business and tourist guests in the heart of California' s Central Coast. Guest room amenities include high-speed Internet access, room service and free long-distance as well as a complimentary breakfast. The property has additional upside through returning the 2 guest rooms used for storage to revenue-producing guest rooms, yielding a total of 60 rooms. Business travelers can enjoy the complete business center located on site. In addition, the adjoining fitness room is located just steps from the hotel. Several restaurants are within steps of the property. The hotel is highly accessible and adjacent to U.S. Highway 101 on- and off-ramps.


Price: $8,350,000
Type: Franchise

CAP: 11%, Built in 1992, 112 Rooms

Down Payment(35%): $2,922,500
Net Operating Income: $918,500
Mortgage Payment(6% Interest): $390,487
Principle Paid: $66,650
Before-Tax Cash Flow(Money you take home): $528,013
Cash on Cash Return: 20.4%

The Inn is a three-diamond AAA member with excellent Quality Assurance scores from Ramada. The hotel consists of two separate two-story buildings; one with exterior corridor and one with interior corridor. There is a 1,300 square foot two-bedroom manager' s apartment located off the pool. All rooms and suites are equipped with refrigerators, microwaves, coffee makers, hair dryers, irons and ironing boards. There is an outdoor pool and spa. Originally built in 1962, the hotel was expanded in 1992 with a second building. The original building was expanded in 2001 and the exterior and structure was completely renovated to reflect the new design. An 8,400 square foot, freestanding, restaurant sits on an adjacent, .57-acre, parcel west of the hotel lobby. Featuring meeting rooms, cocktail bar, lounge, restaurant and executive suite, the building with FFE can be acquired for an additional $1,200,000.

Price: $14,000,000
Type: Franchise

90 Rooms
CAP: NA

90 Room all suites across from Crystal Palace.Central Lobby, breakfast area, banquet room, 37" LCD tv's, Movie theater, library, massage chairs, meeting rooms with projectors, wet bar, business and fitness center, pool, liqour license for indoor and outdoor bar/lounge, 7 rooms with jacuzzi tubs, wireless internet, guest laundry. Schindler elevator. Twenty Two interior/exterior cameras with three monitoring stations. Large manager's suite. Wyndham Garden Ap in process.

Price: $25,000,000
Type: Independent

Built in 1970, 293 Rooms

CAP: NA

Available for purchase or Joint Venture development. The existing deluxe hotel property is being offered at approximately 20% below replacement cost given current time to obtain city approvals for new developments, the ever increasing costs of construction, and the shortage of available land in the Oakland commercial district.

Unique opportunity to acquire a well constructed existing Mid-Scale 293 Room Hotel Property ideally situated in an established hospitality market like Oakland-Alameda. Oakland-Alameda is one of the fastest redevelopment growth areas in the San Francisco-Oakland-San Jose bay area. Outstanding location near the interchange of Highway 880 and Hegenberger Road, near Highways 580 and 238 with easy access to the Oakland-Alameda Coliseum, Oakland Airport and downtown Oakland, Berkeley and San Francisco. The Hotel is also within close proximity to Bay Area Regional Transit (BART), and upscale retail services.

Hotel and Hospitality market conditions in Oakland-Alameda County are on the upswing with occupancy trends at 85%.

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