PROPERTIES FOR SALE
California
Located:
Hemet, CA
Offering Price:
$3,500,000
Room Revenue:
$850,000
Renovated:
Built:
1989
SUMMARY
The Super 8 Hotel is a limited-service hotel comprised of a 27,284 sq foot, 3 story building with interior corridors. Originally constructed in 1989 with 69 guest rooms and a 1-bedroom manager’s unit,... read more
Colorado
Located:
Denver, CO
Offering Price:
$4,200,000
Room Revenue:
$0
Renovated:
Built:
1973
SUMMARY
The Quality Inn and NNN Denny’s occupy two separate parcels. The hotel sits on the primary parcel with the restaurant on the smaller. The total building area (hotel & Denny’s) is 39,898 sq. feet. The ... read more
Nevada
Located:
Reno, NV
Offering Price:
$7,995,000
Room Revenue:
$2,594,719
Renovated:
2007
Built:
1981
SUMMARY
REDUCED $250,000 Located at the entrance to the Reno Intl Airport. Three-story, wood-frame and stucco with interior hallways and 270 rooms. Arranged around a courtyard pool area, with perimeter parkin... read more
Texas
Located:
Nacogdoches, Texas
Offering Price:
$5,990,000
Room Revenue:
$0
Renovated:
Built:
2009
SUMMARY
The 60 room Super 8 in Nocagdoches, Texas is the first property encountered when entering the town. The Super 8 has a high cash on cash return. Amenities include an indoor swimming pool and hot tub, f... read more
Located:
Center, TX
Offering Price:
$7,950,000
Room Revenue:
$0
Renovated:
Built:
2011
SUMMARY
Brand new, three story, 66 guest room, interior corridor, latest Hampton Inn standards. Projected revenue for 2012 is $2,790,000, 54% N.O.I. and cash return of approximately 65% on down payment of 20%... read more