9 Hotel Portfolio For Purchase
Location United States
Asking Price Range > $35.0M
Gross Revenues $0
Net Profit / Cash Flow $0
Cash Flow Type Sellers Discretionary Cash
Seller Finance Yes
Year Established 1980
Number of Employees 100 - 200
Relocatable No
Number of Employees 100 - 200
Real Estate Owned
Description A hotelier wishes to retire and is offering his corporation (4 hotels) and REIT (5 hotels) for purchase. The properties are located in New Mexico, Arizona, California, Ontario, and Texas. Full available on all 9 hotels. The seller is will to discuss seller financing up to 30% for well qualified buyer. 1-cap: 7.00%. 2-occupancy: 69%. 3-rooms: 1,345. 4-adr: 78. Contact for more information on this Hotel Portfolio for sale.
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