News for the Hospitality Executive |
Warmbrodt Hotel Investments, Inc. Selected to Advise in the Sale of Fairfield Inn & Suites in Major Midwest City |
January 30, 2013 -
Warmbrodt Hotel
Investments, Inc. ("WHI") has been retained as the Exclusive Agent to
advise in the sale of a Fairfield Inn & Suites located in a major
Midwest
city. The property represents an excellent acquisition opportunity for a local, regional or national owner looking to acquire an asset well below replacement cost and at a Gross Room Multiple (GRM) of only 3.6x. The 84 room, 3-story, interior corridor property opened in 1996 and offers an indoor swimming pool with whirlpool. Property has been well maintained with ongoing capital expenditures and is newly renovated to the most recent Marriott standards and includes 32 Inch LCD HiDef TVs. Further amenities include a business center, fitness center and large lobby and breakfast area. INVESTMENT HIGHLIGHTS
WHI is a growing real estate firm specializing in the disposition, acquisition, financing, and debt restructuring of hospitality related assets throughout the United States. For further information about this property and other current hotel property offerings, please contact Herb Warmbrodt in Kansas City at (913)381-3737, [email protected] or Zane Varvel in Chicago at: (312) 262-5930, [email protected]. View All Our Property Listings |
Warmbrodt Hotel Investments Kansas City Office 1905 West 43rd Avenue Kansas City, Kansas 66103 913-381-3737 Chicago Office 22 W. Washington Street, Suite 1500 Chicago, IL 60202 312-262-5930 [email protected] www.whikc.com |