Hospitality Group

Hotel AG Announces Upcoming Call for Offers in July

Hotel Assets Group is announcing four upcoming calls for offers in July. The first call for offer will be on July 2, 2013, for the Fairfield Inn & Suites in Tallahassee, Florida. For more information on the Fairfield Inn & Suites, contact either Brad Sinclair at [email protected] and (770) 692-1605, or Joe Jones at [email protected] and (770) 692-1605. The second call for offer will be on July 7, 2013, for the Former Quality Inn in Ocala, Florida. For more information, contact Wendy Blissett at [email protected] and (678) 596-9669. The third call for offer will be on July 11, 2013, for the Sleep Inn in Montgomery, Alabama. For more information, contact Joe Jones at [email protected] and (770) 692-1605. The fourth call for offer will be on July 18, 2013, for the Holiday Inn Express & Suites in Kissimee (Lake Buena Vista), Florida. For more information, contact either Nivel Patel at [email protected] and (813) 841-0336, or Chris Stark at [email protected] and (503) 621-8530.

 

Fairfield Inn & Suites - Tallahassee, Florida

 

Fairfield Inn & Suites - Tallahassee, Florida, is a 79 room, interior corridor hotel on fee simple land. Located off I-10 at a main Tallahassee exit, the Property is within minutes of the Florida State Capital, government facilities, FSU, and numerous other demand generators. The Property opened in 2001. It is being offered well below replacement cost. Call for offers scheduled for July 2, 2013.

Former Quality Inn - Ocala, Florida

Former Quality Inn - Ocala, Florida, is a bank owned, 270 room hotel consisting of six, 2-story exterior corridor buildings. The Property is currently closed. It has an excellent location off I-75 and West Silver Springs Blvd. The Property is situated on approximately 8.3 acres. Price has been reduced to $2,000,000. Call for offers scheduled for July 7, 2013.

Sleep Inn - Montgomery, Alabama

 

Sleep Inn, Montgomery, Alabama, is a 66 room, 3-story, interior corridor hotel. Originally constructed in 2007, the Property includes meeting space, guest laundry facility, and pool. The Hotel sits on approximately 1.66 acres of fee simple land. Call for offers scheduled for July 11, 2013.

Holiday Inn Express & Suites - Kissimmee (Lake Buena Vista), Florida

 

Holiday Inn Express & Suites, Kissimmee (Lake Buena Vista), Florida, is a 148 rooms, 4-story hotel. Opened in 2003, The Hotel was converted to Holiday Inn Express & Suites in Oct. 2007. The Property is located approximately two-and-a-half-miles from the main entrance to the Walt Disney World® Resort. The Property has a strong upside, is a motivated seller, and has very strong NOI trends. It is priced well below replacement cost at $13,100,000 or $88,514 per key. Call for offers scheduled for July 18, 2013.

published: 06-28-2013

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