Tag Archives: hospitality

Texas Hotel for Sale | Hampton Inn & Suites with a 19% CAP

Subhash Naik of Swoboda Hospitality Specialists has listed another high revenue generating hotel in Center, Texas. The Hampton Inn & Suites is a brand new, 66 guest room hotel. It opened in May of 2011 and as of the end … Continue reading

Posted in Texas Hotel for Sale | Tagged , , , , , , , , | Leave a comment

Former Best Western in Chicago Suburb

Grubb and Ellis has an exclusive listing in South Holland, Illinois. This Chicago suburb is home to the 105 guest room former Best Western. The property is currently not operating but presents an opportunity for a new owner to renovate, … Continue reading

Posted in Illinois Hotel for Sale | Tagged , , , , , , , , | Leave a comment

Virginia Hotel for Sale with Distressed Pricing – Crowne Plaza

Jack Carr of Maxim Hotel Brokerage has an exclusive listing in Richmond, Virginia. The 282 guest room Crowne Plaza hotel is priced at $4,200,000 or $14,900 per key. The property has distressed pricing but it has no lender pressure to … Continue reading

Posted in hotel for sale, Virginia Hotel for Sale | Tagged , , , , , , , | Leave a comment

Memphis Hotel for Sale – Drury Inn & Suites

Adam Montufar of Paramount Lodging Advisors has listed the 118 guest room Drury Inn & Suites located in Memphis, Tennessee. The five-story, interior corridor property is priced significantly below replacement cost and is offered unencumbered by management or brand. The … Continue reading

Posted in Tennessee Hotel for Sale, Texas Hotel for Sale | Tagged , , , , , , | Leave a comment