UNDISCLOSED, PRIVATE, CA
Hotel for Sale
Property Info
CIMLS# | 710653 |
Location UNDISCLOSED PRIVATE CA | |
Updated | July 11th, 2014 |
Type | Hotel |
Price | Upon Request |
Property Description
CALL (970) 481-0033
"THIS HOTEL HAS BEEN SOLD, THANKS!
STAY TUNED FOR OTHER HOTELS AND APARTMENT'S ON THE RISE".
CA. MARRIOTT HOTEL -- 8.2% CAP based off of Net Income
MONEY MAKER
DO NOT BLAST THIS OUT!!!
The 130+ -room Marriott,
ARIAL VIEW: http:XXXXXXXXXXX
8.0% CAP - 130 + KEY HOTEL - The 130+ -room Marriott.
THIS IS HOTEL WHICH UNDERWENT AN EXTENSIVE RENOVATION IN 2009, THE OWNER INVESTED MORE THEN $ 2,700,000.00.
AMENITIES:
POOL, SPS,
COURTYARD
FITNESS CNETER
MEETING SPACE
THE ROOMS FEATURE FREE WIRELESS INTERNET ACCESS
FLAT SCREEN TELEVISION
UP GRADE BEDDING
90% OF THE ROOMS ARE SUITES
2013 Financials:
- ADR: $95.07
- REVPAR: $70.53
- Occupancy: 73.59%
- Room revenue: $3,610,962
- NOI: $1,908,580
- Net Income: $1,654,740 (After Management Fee and Reserves)
- 8.2% CAP based off of Net Income
TO MOVE FORWARD: MUST HAVE OUR NCND/NDA SIGNED. FOLLOW PROTOCOL TO ENGAGE THE SELLER.
BUYER AND BUYER'S AGENT/CONSULTANT SIGNED ASSET SPECIFIC NCND AND MASTER FEE AGREEMENT
BUYER'S COMPANY WEB-SITE AND/OR BIO. EXECUTIVE SUMMARY.
BUYER'S SIGNED ASSET SPECIFIC LETTER OF INTENT.
BUYER MAY PROOF UP TO THE SELLER'S SIDE DIRECTLY.
BUYER IS ENCOURAGED TO PROVIDE A PROOF OF FUNDS WITH THIS BUYER'S PACKAGE.
INVESTORS CALL 970-481-0033