April 25, 2012 - Due to the high level of
interest in the DoubleTree Suites by Hilton in Omaha, Nebraska; our
client is requesting a
Call for Offers.
We are pleased to announce a Call for Offers deadline has been
established for Friday, May 11th,
2012.
All offers should be submitted
by 5:00 PM CST to Herb Warmbrodt at [email protected] or via
facsimile (913) 381-6767.
Please be advised of the
following requirements for submitted offers:
- All offers
must be in writing using a Letter of Intent ("LOI") addressing the
Purchase Price, Due Diligence Period, Closing Period and Earnest Money
Deposit.
- In addition
to the submission of the LOI, please also provide the following: (a)
financial information for yourself and any partners (as applicable),
highlighting the necessary equity required to close the transaction;
(b) a resume on hotel ownership and management experience; and (c)
sources of financing.
- If you require another tour of the
Property, or if you have not already toured-please contact Herb
Warmbrodt to arrange a tour. Offers submitted by parties who have
toured the Property will be given preference.
INVESTMENT
HIGHLIGHTS
- Property is offered at a 9%
capitalization rate.
- Property achieving 116% market
penetration.
- Property has undergone significant
capital improvements.
- Midtown Omaha location is proximate to
major demand generators including First Data Resources, Blue Cross/Blue
Shield, HDR Engineering, University of Nebraska MedicalCenter and the
new mixed use development Aksarban Village
- Delivered unencumbered by Management.
HOTEL FEATURES
- The
DoubleTree Suites is a 6-story, interior corridor, full-service,
all-suite hotel located in the growing 72nd Street corridor of midtown
Omaha.
- The Property
includes an atrium surrounded by 187 two-room "shotgun" style suites, 3
meeting rooms containing 3,000 square feet, an indoor pool, whirlpool,
fitness center and business center.
- The Property offers a restaurant in the
atrium and a lounge.
For more information regarding
the DoubleTree Suites by Hilton, Omaha, Nebraska, please contact Herb
Warmbrodt
at [email protected] or by calling
913-381-3737.
WHI is a Kansas City based hotel real estate firm specializing in the
disposition, acquisition, financing and debt restructuring of
hospitality
related assets throughout the United States.
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