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89 Units
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HAMPTON INN & SUITES PROJECT in AFFLUENT MILWAUKEE SUBURB-Owner will sell or joint venture. Project is ready to build. When complete it will be 5 stories consisting of 89 Units: 50 Standard (including 6 King SPAS), 34 Studio/Suites, 5 Accessible; Indoor Pool with Hot Tub; Meeting Space—900 sq. ft,; Expanded Exercise Room; 24-Hour Small Market (beverages, snacks, personal items) SITE:2+ acre lot owned by current developer: Triangular shaped lot bordered by 3 major arteries including the city’s main street. Adjacent Businesses: C-store and a multi-use carwash/oil change/office building. Excellent opportunity in a prime market.
JD Smith
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75 Units
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MOTEL WITH LIVING QUARTERS FOR SALE ACROSS FROM MEDICAL CENTER
75 unit DAYS INN with 3 bedroom/3bath living quarters, meeting space and outdoor swimming pool, located across from a top 100, 60 acre, acute care medical center. Offered at $1,600,000 (DV938) Denny Van Den Berg
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161 Units
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NEWLY REMODELED LA QUINTA INN & SUITES HOTEL FOR SALE ON INTERSTATE
Everything has been updated including granite vanities, carpeting, furnishings, artwork, 32" & 42" tv's. This is a very nice property that currently has 16 years remaining on its franchise agreement. Located just 2 blocks from the interstate on a main business artery and poised for remarkable growth with a local economy that is ramping up! This 3 story property features over 150 guest rooms, including 19 suites, with micro/fridges in all units, indoor and outdoor swimming pools, indoor hot tub, fitness center, business center, plus over 4,000 sq. ft. of banquet & meeting space. Priced at $8,000,000. Tom Potts or Frank Smith (TP925)
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79 Units
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NEWLY OPENED HOLIDAY INN EXPRESS FOR SALE IN SOUTHERN STATE
Property is brand new, just opened May 2011. Recreational lake area location about 1.5 hours from MSA.
Offered at $6,500,000 (RS990) Ray Sullivent
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19 Units
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STARTER MOTEL FOR SALE PRICED UNDER $250,000
19 unit, exterior corridor motel with 2 bedroom living quarters. Priced under 2.5x gross at $225,000. (JH977) John Hillenburg
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HOME : About Us
Southeast International Hotel Brokers was first incorporated in
1962 as Southeast Investment Company by Frank Smith. Mr. Smith saw that the
average broker, though a well-versed professional in the residential and
commercial field, had no idea of the complex problems specific to the lodging
industry. He realized there was a need for a broker who understood the special
demands and problems of the hotel operator. A successful hotel broker must make
accommodations for a large amount of related factors concerning employee
confidentiality, various franchise requirements, tax laws, financing, liquor
license transfers, and the peculiarities of many state and local laws. In
today’s global market, even immigration and foreign investment laws may stand in
the way of desired goals. Only a background and experience with these specific
problems can ensure the smoothest transfer of ownership. Obviously, a working
knowledge and experience in these areas helps solve or even avoid these problems
altogether. This led to the establishment of Southeast International Hotel
Brokers, a group of brokers who had the background to enhance Southeast
International as a whole. One member of our firm operated a four-star resort for
ten years, encompassing golf courses, marinas, and a staff of hundreds. Another
was President of a large banking group in the midwest. Still, many of our other
brokers are 10 year and up veterans of this field. All have the background and
have obtained the training to offer a very specialized service to a very
specific industry.
Southeast International is:
- Aware of trends and market
conditions on a national level;
- Advertising extensively in a confidential
manner in all national trade publications related to the lodging industry;
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Maintaining an accumulated and updated database over the past 37 years of
prospective buyers and their needs, which allows the presentation of properties
to a few targeted buyers most likely to perform. Many people have asked how a
company can handle their property efficiently from such a distance. No matter
where a company is based, it is going to be a distance from someone.
Therefore,
being centrally located in the country actually helps. If a buyer limits himself
to a local broker with his limited prospective buyers, he has lost the advantage
of a company operating on a national level. Many buyers interested in a
particular state may come from areas thousands of miles away. Many large
companies owning several properties will buy in any area of the country if the
property fits its needs. A company specializing in this field must be prepared
to deal effectively with the great distances between buyers and sellers that
often exists. In summary, Southeast International Hotel Brokers has the
knowledge, experience and facilities to offer the most efficient way to obtain
the goals for the buyer or seller of any size lodging property.
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