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NEW LISTING

Tuscaloosa, Alabama


Comfort Inn, Tuscaloosa, Alabama

The Comfort Inn is located in a prime location on Interstate 20/59 with high traffic counts and approximately 50 miles from Birmingham. This attractive two-story, 59 room, interior corridor hotel is an ideal size, easily managed hotel and would be a great opportunity for owner/operator. Demand generators include the University of Alabama Tuscaloosa and Mercedes-Benz assembly plant.

Number of rooms: 59 includes 16 suites with Mini-refrigerator and microwave in suites

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NEW LISTING

Pine Bluff, Arkansas


Hampton Inn & Suite, Pine Bluff, Arkansas

Excellent opportunity to acquire a brand new, 80 guest room, Hampton Inn & Suites prototype which opened in June 2009! This hotel is located in a high growth area of Pine Bluff, Arkansas, ideally situated off I-530 across from new retail development and approximately 40 miles southeast of Little Rock. Convenient access to many of the corporate demand generators including International Paper, Tyson Foods and the University of Arkansas, Pine Bluff. The hotel has immediately established itself as a market leader in ADR.

Number of rooms: 80

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NEW LISTING

Front Royal, Virginia


Holiday Inn & Suites, Front Royal, Virginia

This impressive 7-story Holiday Inn & Suites built in 2008 features top quality construction and immaculate furnishings. Most of the 124 guest rooms overlook beautiful golf course views. Located one hour West of Washington DC, the hotel is prominently situated on a 7+/- acre hillside lot and part of a 314-acre development which includes the hotel, restaurant, golf course and a residental community. The full service hotel has a 198 seat Houlihan's Restaurant + Bar attached to the lobby of the hotel providing lease income to the owner. Excellent opportunity offered below construction cost with Holiday Inn franchise available to qualified buyer. Amenities Galore!!

Number of rooms: 124 Spacious guest rooms including 26 luxurious suites

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NEW LISTING

Taos, New Mexico


Hampton Inn Taos New Mexico

Great opportunity in enchanting and historical Taos,New Mexico! This 71 room Hampton Inn was built in 1998 and completed a $700K renovation in 2006. This Hampton is in excellent condition with consistent room revenue and occupancy. Hampton Inn Taos is the only Hilton, Mariott or IHG affiliated product within an hour's drive of Taos. Taos is an affluent tourism destination with constant demand generators. Taos offers top ranked ski resorts, several dude ranches, white water rafting on Rio Grande, hiking and biking as well as multiple festivals, boutique shopping and gallery events through out the year. 10 year Hampton Inn franchise is available to qualified buyer.

Number of rooms: 71

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NEW LISTING

Austell, Georgia, Only 11 Miles From Downtown Atlanta


Austell Inn & Suites, Atlanta/Six Flags, Georgia

Lender owned property. Opportunity to purchase this 106 room hotel at a substantial discount to the true market value. Located directly across I-20 from Six Flags Amusement Park with excellent visibility from the highway. The hotel was built as a La Quinta, recently operated as a Baymont Inn & Suites through October 2009. It is currently operating as an independent and will transfer free & clear of any franchise agreement. The following franchisors have expressed interest in the hotel; Super 8, Travelodge, America's Best Inn, Budgetel, Country Hearth and America's Best Value Inn. The property has been well maintained and upon change of ownership some renovations will be required to satisfy brand requirements.

Number of rooms: 106

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UNDER AGREEMENT

Kingdom City, Missouri


Super 8, Kingdom City, Missouri

This 60 room recently renovated Super 8 is an easy to manage hotel which opened in 1988 and is located just off I-70. Built with quality concrete construction, the attractive 3-story interior corridor hotel has consistently maintained a 27%+ NOI ratio for the Calendar Year 2006 through TTM June of 2009. $167,000+ in renovations completed in the last 2 years and a purchase price under $2 million makes SBA financing a viable option with a higher LTV ratio available.

Number of rooms: 60

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Parsons, Kansas


Super 8, Parsons, Kansas

Attractive Super 8 is the ideal size and an excellent opportunity for owner/operator to improve profit margins by acquiring a corporate owned asset with 3rd party management. Located in Parsons, a city with a strong sense of community, this 2-story 48 room hotel boasted a 34.4% NOI in 2008. Renovations completed in 2007-2008. New franchise term will be granted to qualified buyer. SBA financing should be available.

Number of rooms: 48

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Manteno, Illinois


Country Inn & Suites, Manteno, Illinois

Built in 2003, this Country Inn & Suites is located in a prime location off I-57 in Manteno, IL, approximately 50 miles south of downtown Chicago with an average daily traffic count of 30,000. This 73 room hotel is a great opportunity and ideal for an owner/operator to acquire this newer property. The pricing reflects significant discount to replacement cost.

Number of rooms: 73 Guest Rooms

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Marietta, Georgia


Motel 6 & Studio 6, Marietta, Georgia

Excellent opportunity to purchase two double-branded, adjoining hotels in Atlanta market on I-75. The 5-story, exterior corridor Studio 6 and the Motel 6 are visible from I-75 in North Atlanta. The hotels are corporate owned. Nearly $2,000,000 room revenues for TTM August 2009; historical room revenues of $2,700,000+.

Number of rooms: 113 Room Studio 6 and 214 Room Motel 6 (Studio 6 equipped with kitchenettes)

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Prospect Heights, Illinois


Super 8, Prospect Heights, Illinois

Excellent opportunity for owner/operator to acquire corporate owned property. The Super 8 opened in 1987 and has under gone extensive renovations completed in 2008 & 2009 increasing the room revenues. Located in a young highly desirable area only 20 miles north of Chicago...Prospect Heights is an important suburb with the presence of Chicago's Executive Airport. The outstanding 3 story 120 room hotel is surrounded by numerous dining & entertainment options. No PIP upon sale and no franchise transer fee upon change of ownership.

Number of rooms: 120

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Bloomington, Indiana


Motel 6, Bloomington, Indiana

Excellent opportunity in Bloomington to acquire an asset which generates strong room revenues due to its' thriving college town location. Located just blocks from Indiana University's Memorial Stadium, this 107 room hotel has had less impact from the recession than most properties in other markets. The immediate area has numerous and consistent demand generators such as Indiana University and Bloomington's thriving business district which includes corporations such as; Baxter Biopharma Solutions,Boston Scientific, & GE amongst others. Bloomington residents boast of an extremely high quality of life. Since 2006, nearly $190,000 has been spent on capital improvements. YTD July 2009 room revenue out-performs YTD July 2008 room revenue.

Number of rooms: 107 Guest Rooms

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Evansville, Indiana


Motel 6, Evansville, Indiana

Strong upside potential remains despite current economic environment. Priced below replacement cost... this 102 guest room hotel is an excellent opportunity for owner/operator to acquire corporate owned asset with 3rd party management and improve room revenues/profit margins. Great opportunity for additional income from free standing restaurant and self storage units. The hotel is situated on 7+ acres including 3+ acres of vacant undeveloped land with easy access to intersate 64 & U.S. Highway 41. Located near several demand generators including Evansville Regional Airport,Evansville University, and the Casino Atzar. Manufacturing & shipping industries in Evansville have continued to grow, a result of the city's location directly on the Ohio River. Motel 6 franchise available to qualified buyer.

Number of rooms: 102 Guest Rooms

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Kokomo, Indiana


Motel 6, Kokomo, Indiana

Motel 6 is located on U.S. Highway 31 which connects Indianapolis, Kokomo and South Bend. This 92 guest room interior corridor hotel is highly visible and situated on 3.57+/- acres approximately 50 miles from Indianapolis and all it's demand generators including the "Indy 500", Motorola, Texas Instruments & Howard Regional Hospital are located within 1 mile. Excellent opportunity to acquire a hotel well below replacement cost.The Motel 6 franchise is available to qualified buyer.

Number of rooms: 92 Guest Rooms

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Gainesville, Florida


Hampton Inn, Gainesville, Florida

A great opportunity to own a Hampton Inn in the heart of central Flordia.$1,300,000 renovations in 2006. Low PIP required by Hampton Inn. Home to the University of Florida which boasts over 50,000 students. Strong demand generator from Shands Hospital, 1-75, and the University. This hotel is performing very well.

Number of rooms: 105

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BANK OWNED

Louisville, Kentucky


InnPlace Hotel & Conference Center, Louisville, Kentucky

Bank Owned. Great Opportunity....Lender REO Property. The InnPlace Hotel & Convention Center (Formerly Clarion) is gaining momentum since reopening May of 2009. There exists a tremendous potential with strong management to improve its market share significantly. The hotel has prominent visibility on 12.9+ acres in Louisville's excellent east end business district just of I-64 close to Churchhill Downs and parallel to the Bluegrass Parkway. With the elements of a convention hotel already in place, the Full Service, 393 Room Hotel boasts 38,000 Sq.Ft.of Meeting Space, Domed 16,000 Sq.Ft. Recreation Area and will support all group demands. May obtain a new franchise.

Number of rooms: 393

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Chattanooga, Tennessee


Hampton Inn Chattanooga, Tennessee

The Hampton Inn is located in a prime location along Interstate 24 within 5 miles of Chattanooga, Tennessee and 1 mile from the famous Lookout Mountain/ Rock City/Ruby Falls area. The annual average daily traffic count on I-24 is approximately 65,000 vehicles! This attractive two-story, 91 room, interior corridor hotel is an ideal size and a great opportunity for owner-operator. A desirable franchise with a very stable & loyal customer base with the Hilton and Honors program.

Number of rooms: 91 Guest Rooms

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Tallahassee, Florida


Ramada Conference Center

A 200 Room full service hotel located in a strong recession resistant hotel market.Institutional Owner. Located in a state capital city, home to Florida State University and Florida A&M. Strong Food & Beverage revenue. Additional Lease Income from Cell Tower. Excess Land.

Number of rooms: 200

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UNDER AGREEMENT

Cullman, Alabama


Days Inn, Cullman, Alabama

Priced to sell 1.8X Multiplier - This is an opportunity for an owner/operator to purchase a very attractive, well maintained hotel from a corporate absentee group. This quality solid concrete construction 2-story exterior corridor hotel is performing well and consistently. With a strong National Brand this 118 room hotel has established a significant presence in the area and is conveniently located with great visibility at the junction of US Highway 278 & I-65 between the cities of Birmingham & Huntsville offering a high daily traffic count. Multiple demand generators include 2 major healthcare facilities. Financeable.

Number of rooms: 118 Guest Rooms

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UNDER AGREEMENT

Greenville, South Carolina


Holiday Inn, Greenville, South Carolina

This attractive Holiday Inn is located in a thriving business area on Interstate 85, just minutes from downtown Greenville, South Carolina. This full-service, 5 story hotel offers 153 interior corridor rooms and a popular restaurant & pub. Priced very attractively at $32,680 per room. Qualified buyer who will complete a PIP can have a full 10 year franchise from IHG. This region, referred to as "The Upstate", has a reported population of over 1,300,000 with a strong and growing business market. Take advantage of this prominent location and the potential to increase profit margins by improving operating efficiencies. New buyer will continue to generate room demand through the strong IHG reservation system and the Priority Rewards Club program. Multiple demand generators include various technology and business parks.

Number of rooms: 153

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RECENTLY SOLD!

Dahlgren, Virginia


Comfort Inn Dahlgren, Virginia

The Comfort Inn is located in Dahlgren, Virginia, approximately 50 miles south of Washington,DC. Built in 1989, the two story, interior corridor Comfort Inn is ideally situated between the two main entrances of the Naval Surface Warfare Center Dahlgren Division. Situated on 3.0+/- acres on Highway 301 it provides easy access to NSWCDD. The Comfort Inn completed $150,000 in CAPEX over the past three years. Excellent opportunity for an owner/operator to acquire an institutional asset with 3rd party management to efficiently increase profit margins.

Number of rooms: 59 guest rooms

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SOLD

Gettysburg, Pennsylvania


Holiday Inn Express, Pennsylvania

Excellent opportunity for an owner/operator to acquire this easy to manage 50 room institutional asset. The hotel is located in historic Gettysburg close to many demand generators including the Gettysburg Battlefield which attracts nearly 3 million visitors per year. Built in 1990,the two-story solid construction, interior corridor hotel experienced a 5% increase in occupancy in 2008 and has a strong ADR with over 1 million in room revenue. Franchise: The hotel will lose the Holiday Inn Express affiliation upon sale. Buyer will be responsible for securing replacement franchise.

Number of rooms: 50

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SOLD

Brunswick, GA


InnPlace Hotel, Brunswick, Georgia ( formerly Clarion Inn )

The InnPlace Hotel Brunswick, formerly Clarion Inn is located just off I-95. This 126 room, exterior corridor hotel is located in southeast Georgia, just minutes from the beach. This hotel completed $2.7M in renovations over the past three years. The hotel sits on 9.65 +/- acres adjacent to Interstate 95. This hotel may be re-flagged to a Clarion Inn again or other franchise opportunities.

Number of rooms: 126

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SOLD

Towson, Maryland


Holiday Inn Cromwell Bridge, Towson, Maryland

Great opportunity to own this Holiday Inn just a short distance from downtown Baltimore. Only 12 miles from booming downtown Baltimore's Inner Harbor. This hotel is just off 1-695 ( Baltimore Beltway) and visible from the highway. It is about 2 miles from downtown Towson. This hotel offers 139 rooms, 6 story interior corridor and concrete construction. Re-positioning opportunity for right Buyer to take advantage of great shell in a great location. Mulitple demand generators...corporate, government, leisure, Towson is home to 3 major colleges, 4 large corporate headquarters and 3 world class hospitals.

Number of rooms: 139

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SOLD

Glen Burnie, Maryland


Holiday Inn Baltimore South

Fabulous location! A short distance from downtown Baltimore. Just off of I-695, easy access to I-295,I-895 & RT.100. This hotel offers 127 rooms, 4 story interior corridor and concrete construction. Re-positioning opportunity for right Buyer to take advantage of great shell in a great location. Mulitple demand generators...corporate, government, leisure and only 6 miles from BWI.

Number of rooms: 127

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SOLD

Bristol, VA


Courtyard by Marriott

The Courtyard by Marriott, located in Bristol, Virginia, features 175 interior corridor rooms set among the lovely Blue Ridge Mountains in western Virginia. Built in 2004, the Courtyard is the market leader in ADR and RevPAR. Impressive appearance, very prominent, fronting on very busy interstate. The Courtyard by Marriott is 175 interior corridor rooms in a five-story building with two elevators. Located on 3.2 +/- Acres. Small Meeting room. Large arrival/departure porte cochere. This hotel is located in the strongest commercial growth area of the Bristol VA/TN area.

Number of rooms: 175

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SOLD

Birmingham, Alabama


Comfort Inn & Suites, Birmingham, Alabama

This 67 room easy to manage hotel opened in 1998. The Comfort Inn & Suites is conveniently located in the upscale surburban Colonnade area in Birmingham Alabama. Two time winner of the Gold Choice Award the 2 story interior corridor hotel has many amenities including complimentary breakfast, wireless internet and seasonal outdoor pool. Located on I-459 and highway 280 the hotel is surrounded by many demand generators. Excellent location with a high percentage of repeat business makes this hotel a great investment!

Number of rooms: 67

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SOLD

Sanford, Florida


SpringHill Suites

Hunter Realty advised the owner on the sale of this SpringHill Suites .....a five story, 105 interior corridor all suites hotel. The buyer was Apple REIT. Great location off I-4 in Sanford, Florida...near major retail area, historic downtown and corporate office parks.

Number of rooms: 105 All Suites

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Northern Virginia and Metropolitan Washington D.C.


Recently Sold Hilton and Marriott Portfolio

Hunter Realty Associates, advised real estate affiliates of Palmer-Gosnell Management, Inc. on the sale of a portfolio of select service Marriott and Hilton branded hotels in the Washington, D.C. metropolitan market. The portfolio consisted of 331-guestrooms. Palmer-Gosnell retained management of the three hotels which were sold to Hermani Management of New Jersey.

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Recently Sold Lodgian Portfolio of 16 hotels

Hunter Realty Associates advised Atlanta,Georgia based Lodgian, Inc. (NYSE:LGN) on the sale of a 16-hotel portfolio,that comprised of 3,057 guestrooms representing seven brands to Kronos Hotels and Resorts. The sale was part of Lodgian's planned disposition program. This sale puts both Lodgian and Kronos well ahead of their targeted goals.

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