Yu Bijlani Hospitality

3.31X RRM Mainstay Suites Near Corpus Christi

admin — Wed, 02 May 2012 19:00:18 +0000

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 — Tue, 24 Apr 2012 22:39:23 +0000

Below Replacement Cost Best Western El Paso

admin — Thu, 19 Apr 2012 19:38:38 +0000

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 — Fri, 13 Apr 2012 15:28:10 +0000

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 — Fri, 13 Apr 2012 15:18:48 +0000

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 — Fri, 13 Apr 2012 15:12:47 +0000

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 — Wed, 28 Mar 2012 22:06:11 +0000

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 — Wed, 21 Mar 2012 22:50:35 +0000

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 — Mon, 12 Mar 2012 22:25:26 +0000

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 — Thu, 01 Mar 2012 19:18:48 +0000

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