Tag Archives: investment

Illinois Hotel for Sale | Comfort Inn Receivership Sale

Sam Winterbottom and Bhavesh (B.J.) Patel of Grubb & Ellis – Hotels, Golf & Leisure presents the 52 guest room Comfort Inn located in Casey, Illinois. Casey is the midway point between St. Louis, Missouri and Indianapolis, Indiana. The property … Continue reading

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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

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Arizona Hotel for Sale | 120 Guest Room Short Sale for $8,125 Per Key

Danny Givertz, Vice President of Hunter Hotels, has a 120 guest room hotel for sale in Yuma, Arizona. The Yuma Palms Inn is offered as a short sale at $8,125 per unit. The two-story property was built in 1969 and … Continue reading

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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

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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

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Kansas Hotel for Sale | Holiday Inn Express Hotel & Suites El Dorado

Brent Jaynes, Managing Partner at Leisure Real Estate Advisors, has listed the 63 guest room Holiday Inn Express Hotel & Suites located in El Dorado, Kansas. The property was built in 2007 and received a 10 year tax abatement. It … Continue reading

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Award Winning Wisconsin Hotel for Sale

The 70 guest room Days Inn located in Hurley, Wisconsin is the winner of 5 Starbursts and Chairman’s Awards. It is in immediate proximity to numerous demand generators in this year-round resort town with nearby lakes and mountain ranges that … Continue reading

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Michigan Hotel for Sale Including Entire City Block

Russ Rodgers of HotelBrokerOne has listed a 53 guest room Michigan hotel for sale located in Iron Mountain. The property sits on 1.97 acres and takes up the entire city block. There are two other buildings that are included in … Continue reading

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Oregon Hotel for Sale Along Columbia River

The 75 guest room Oregon hotel for sale is the Comfort Suites located along the Columbia River in Astoria. The three story, interior corridor property was built in 1998 and is in excellent condition following $340,000 worth of interior improvements … Continue reading

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