HOSPITALITY by Bull Realty
Summary
EXAMPLE 1
Opportunity to acquire a [fee simple] interest in the [units]-room [Franchise], [State]. This well-maintained property was built in [year built]. The hotel provides comfortable amenities including [amenities]. The Property is currently owner-operated and will be sold unencumbered by management.*
The property has excellent access to local attractions and businesses and is within [#] miles of [KEY DEMAND DRIVERS].
DO NOT DISTURB THE EMPLOYEES. ALL PROPERTY TOURS MUST BE ARRANGED WITH BULL REALTY.
EXAMPLE – VALUE-ADD
Opportunity to acquire a [fee simple] interest in the [units]-room [Franchise], [State]. This property is under-performing within its competitive set and presents new ownership with an excellent value-add opportunity through management and renovation, with the option to either stay a [franchise], convert to an economy brand or independent.
The property has excellent access to local attractions and businesses and is within [#] miles of [KEY DEMAND DRIVERS].
DO NOT DISTURB THE EMPLOYEES. ALL PROPERTY TOURS MUST BE ARRANGED WITH BULL REALTY.
Highlights
- {# units]-unit hotel in [city], [state]
- Offered at [$price/units] or [cap rate]% cap rate
- Offered at [#] RRM - Annualized [date]
- Upside potential for new management
- Close proximity to major demand generators
- Amenities include [amenities]
- Property is being offered unencumbered by management OR Management available for hands-off investment
- Extended-stay design allows for easy owner/operator management
- [#] SF full restaurant and bar on premises
- [#] SF of meeting space
- Change of ownership PIP expected to be around $[figure]
- Buyer can complete the PIP or the PIP can be arranged for a turn key investment
- Value-add opportunity or conversion opportunity