Author Archive

3.31X RRM Mainstay Suites Near Corpus Christi

admin | May 2nd, 2012 | No Comments »
  • 54 Room, Interior Corridor, Extended Stay Mainstay Suites
  • Located on Highway 361
  • 3.31 Times March 2012 Trailing 12 Months Room Revenue
  • $1 Billion Texas Mini Mill Project Under Construction Nearby
  • Occidental Petroleum Corporation Manufacturing Site One Mile from the Hotel
  • High Cash Growth
  • 20 Minutes to Corpus Christi

Holiday Inn Frisco

admin | April 24th, 2012 | No Comments »

Below Replacement Cost Best Western El Paso

admin | April 19th, 2012 | No Comments »
  • 165 Room, Exterior Corridor, Limited Service, Best Western
  • Located on Interstate 10
  • 2 Miles from El Paso International Airport
  • Best Western Automatic Transfer Available
  • Priced Below Replacement Cost at $27,879/Room
  • Located 3 Miles from Fort Bliss Army Base

La Hachienda Laredo – Potential Upside

admin | April 13th, 2012 | No Comments »
  • 100 Rooms, Two Story, Exterior Corridor Hotel
  • 2.89 Times 2011 Room Revenues
  • Located on San Bernardo Avenue with Interstate 35 Visibility in Laredo, Texas
  • Choice and Wyndham Brand Flags Available to New Buyer
  • Econo Lodge PIP Available – Will Be the Only Choice Flag in the City
  • Priced Below Replacement Cost at $34,000 per Room
  • Located Six Miles from Laredo International Airport

Comfort Suites in Houston MSA

admin | April 13th, 2012 | No Comments »
  • 56 Room, Interior Corridor Comfort Suites
  • Located in Houston MSA
  • Increasing Room Revenue Trend
  • March 2012 Trailing 12 Months Room Revenue: $965,619
  • One Bedroom/One Bath Apartment On-site
  • 2003 Construction

Best Western in Houston MSA

admin | April 13th, 2012 | No Comments »
  • 56 Room, Exterior Corridor Best Western Inn & Suites
  • Located in Houston MSA
  • Increasing Room Revenue Trend
  • One Bedroom/One Bath Apartment Behind Front Desk
  • 1997 Construction
  • Priced Below Replacement Cost at $44,643 Per Room

Holiday Inn Express – 30 Minutes from Dallas

admin | March 28th, 2012 | No Comments »
  • 68 rooms, interior corridor, four story, 2009 construction
  • Located on Interstate 30, 30 minutes from Dallas, Texas
  • Increasing revenue trend month to month
  • 66.8 RevPAR index from February 2012 monthly STAR report
  • Pride of ownership asset

SHORT SALE – Comfort Inn & Suites Las Cruces, NM

admin | March 21st, 2012 | No Comments »
  • SHORT SALE
  • 50 Room, Interior Corridor Comfort Inn & Suites
  • Located on Interstate 10
  • Available for New 10 Year Comfort Inn & Suites License
  • 2011 Room Revenue is $927K
  • Las Cruces is the 2nd Largest City in New Mexico with Approximately 100K Population
  • 11 Minutes from Las Cruces International Airport
  • 41 Minutes from El Paso, TX

Please contact David R. Laney (505) 286-2060

Best Western – Near Big Bend National Park

admin | March 12th, 2012 | No Comments »
  • 63 Room, Interior Corridor Best Western
  • Available for Best Western Automatic Transfer
  • 2011 Room Revenue is $964K
  • Below Replacement Cost at $50,000/room
  • 25% Projected YR. 1 Cash on Cash Return
  • Alpine Market Total Room Revenue Up 10% Year Over Year

Buyer interactive – Marcus & Millichap Sells a 76-Room Hotel

admin | March 1st, 2012 | No Comments »
Monday, February 20, 2012

Marcus & Millichap Real Estate Investment Services, the nation’s largest real estate investment services firm, has announced the sale of Interstate Motor Lodge Houston, a 76 room hotel property located in Houston, TX, according to David H. Luther, Regional Manager of Marcus & Millichap’s Houston office. The asset commanded a list price of $3,000,000.

Michael Yu, Rahul Bijlani, and Eric Guerrero, investment specialists in Marcus & Millichap’s Houston office had the exclusive listing to market the property on behalf of the seller. Within a two week timeline, the group generated multiple offers from local and out of state buyers at the full list price. The ultimate buyer was secured and represented by Michael Yu, Rahul Bijlani, and Eric Guerrero and closed the transaction in less than 30 days. The property sits on over eight acres and is located at 13213 Interstate 10 East.

Yu and Bijlani have expertise creating maximum value for their clients by creating a national market, procuring multiple offers from qualified buyers and actively managing the sale process to ensure a high probability of closing.

Yu and Bijlani have closed 15 transactions in the last 12 months, with two hotels currently in escrow.

With more than 1,200 investment professionals in offices nationwide, Marcus & Millichap Real Estate Investment Services is the largest firm specializing in commercial real estate investment services in the nation. Marcus & Millichap closed 5,085 transactions in 2011, the highest of any commercial real estate brokerage firm. Founded in 1971, the firm has perfected a powerful system for marketing properties that combines product specialization, local market expertise, the industry’s most comprehensive research, state-of-the-art technology and relationships with the largest pool of qualified investors nationally.
www.MarcusMillichap.com

© 2012 Yu Bijlani Hospitality.
The representations contained on this internet page are provided based on information deemed reliable. However, the same has not been independently verified. Principals are advised to conduct a thorough due diligence for any potential transaction. Marcus & Millichap Real Estate Investment Services name and logo are used herein for information purposes only.

Slider by webdesign