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Hotels for Sale

Condor Hotel 35 KEYS | $335,714/KEY | BROOKLYN, NY

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Asking Price:$11,750,000 

Property Type Hospitality

Square Footage 11,232 Price/Sq Ft $1,046.12

Keys 35 Stories 5 Price/Key $335,714.29

Permitted Zoning M1-2 Lot Size (sq ft) 5,667

INVESTMENT HIGHLIGHTS

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 Diverse economy driven by healthcare, education, government and manufacturingStrong I-44 location drives walk-in transient demandQuality hotel structure, well-maintained asset and largest guestrooms in the marketDeep renovation and rebranding opportunity could help drive demandOpportunity to capture pent-up group demand and replace airline crew business with the addition of new meeting spaceRevPAR momentum; December was up 30% and Q4 2017 was up 14.2%Positive outlook from the CVB in 2018 and beyond 

(Dallas) Quality Inn DFW Airport Irving, TX | Rule #1 LOCATION: 8205 Esters Blvd | Irving, Texas 75063

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Number of Rooms 150

Price $9,250,000

Revenue 2018 Proj. $2,792,250

Net Income 2018 Proj. $1,200,668

CAP after PIP 2018 Proj. 10.52%

ADR 2018 Proj. $60.00

Occ. 2018 Proj. 85%

The Resort on Mount Charleston 62 KEYS | $72,581/KEY | LAS VEGAS, NV

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Asking Price:$4,500,000 

Property Type Hospitality Ownership: Fee Simple 

Square Footage 45,396 Price/Sq Ft $99.13

Year Built 1985 Year Renovated 2005

Stories 3  Keys 62 Price/Key $72,580.65

Lot Size (acres) 5.76 Parking (spaces) 155

Days Inn $6,848,654 | 51,732 SF | Mystic, CT

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Property Type-Hospitality

Lease Type: Absolute NNN

Lease Expiration: 12/31/2037 Remaining Term 19.9 years

Square Footage 51,732 Price/Sq Ft $132.39

Cap Rate 7.75% NOI $530,771 Keys 120 Lot Size (acres) 4.92

Faribault Hotel Development Best Offer | 45,900 SF | Faribault, MN

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Property Type 

Hospitality, Development Site, Land

Investment Type Value Add Lot Size (acres)4.1

Square Footage 45,900 Keys 70 Year Built To be built

Holiday Inn Express & Suites - Dayton MSA / Brookville, OH

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Investment Highlights

  • The three-story, interior corridor Hotel features 70 rooms, fitness center, business center, indoor heated pool, complimentary breakfast, and high speed Internet.
  • Recently Renovated - The Holiday Inn Express & Suites was recently fully renovated in accordance to Formula Blue standards. According to the Seller, the renovation started in March 2016 and concluded in October 2017, there were over $1.3M spent in improvements. The Hotel is still ramping up after the renovation.
  • Superb Location - Conveniently located off I-70, the Property is less than a mile from Brookville and is only a 25 minute drive to Downtown Dayton, OH. The Hotel is only 16 miles away from Dayton International Airport and is 90 minutes or less away from major cities like Columbus, OH, Cincinnati, OH, and Indianapolis, IN. Additionally, the Hotel benefits from excellent signage at street-level on Upper Lewisburg Salem Road.
  • Strong performance and still ramping up – For December 2016 T-12, the Hotel had an Occupancy, ADR, and RevPAR of 58.3%, $101.89 and $59.38 respectively. Revenue and Gross Operating Profit totaled approximately $1.5M and $534K respectively. As of September 2017 year-to-date the Hotel had an OCC, ADR, and RevPAR of 55.6%, $107.22, and $59.64 respectively. Given the Hotel just completed a Formula Blue renovation in October 2017, the Hotel is still ramping up.
  • The Property is within close proximity to the Miami Valley Hospital, National Museum of the United States Air Force, Boonshoft Museum of Discovery, Dayton University, Wright State University, in addition to many more leisure and business demand generators.
  • Hotel Website : https://www.ihg.com/holidayinnexpress/hotels/us/en/brookville/boloh/hoteldetail.
  • Financing Available – Please contact NKF advisors for more details.

Holiday Inn 82 KEYS | $75,610/KEY | WARRENSBURG, MO

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Asking Price: $6,200,000 

Property Type Hospitality

Square Footage 52,688 Price/Sq Ft $117.67

Keys82 Year Built 1997 Permitted Zoning Commercial

Lot Size (acres) 3 Parking (spaces) 80 Price/Key $75,609.76

Holiday Inn Express 59 KEYS | $106,780/KEY | MARYVILLE, MO

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 Asking Price:$6,300,000 

Property Type Hospitality

Square Footage 38,832 Price/Sq Ft $162.24

Keys 59 Stories 3 Year Built 2005 Permitted Zoning Commercial

Lot Size (acres) 2 Parking (spaces) 70 Price/Key $106,779.66

- PRICE REDUCTION - Motel 6 Miles City, Montana

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 87 Units


  • Asking just 2.3x Revenue
  • 2016 Room Revenue: $663,335
  • 2016 Net Operating Income: $247,464
  • Asking Price: $1,500,000

2 STAR TRAVELODGE PASADENA HOTEL FOR SALE GREAT INVESTMENT OPPORTUNITY! LAND INCLUDE!!

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Asking Price: $13,500,000 

Property Type Hospitality 

Investment Type Owner/User

Sqft.47,688 Price/Sq Ft $283.09 Year Built 1949 Buildings 3 Stories 2 Lot Size (sq ft) 47,061

Inn At Rio Rancho Hotel & Conference Center 6.50% CAP | 118 KEYS | RIO RANCHO, NM

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Asking Price: $1,900,000 

Property Type Hospitality Ownership Fee Simple

Investment Type Redevelopment

Square Footage 55,718 Price/Sq Ft $34.10

Cap Rate 6.50% NOI$123,506

Year Built1971 Year Renovated2007

Buildings 5 Stories 2 Keys 118

Permitted Zoning C-2 Lot Size (acres) 5.14

Ramada Salt Lake 8.61% CAP | SALT LAKE CITY, UT

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Asking Price: $12,000,000 

Property Type Hospitality

Square Footage 99,101 Price/Sq Ft $121.09

Cap Rate 8.61% NOI$1,033,162

Beds 184 Stories 2 Year Built1984/1991

Permitted Zoning M-1 Lot Size (acres) 5

APN07-36-303-010-0000

Days Inn 7.75% CAP | 120 KEYS MYSTIC, CT

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Asking Price: $6,848,654 

Property Type Hospitality

Lease Type Absolute NNN

Lease Expiration 2/31/2037 Remaining Term 19.8

Square Footage 51,732 Price/Sq Ft $132.39

Cap Rate7.75% NOI $530,771 Keys120

Lot Size (acres)4.92

Quality Inn Long Beach 8.00% CAP 79,698 SF | SIGNAL HILL, CA

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Asking Price: $15,900,000

Property Type Other

Investment Type Owner/User

Square Footage 79,698

Net Rentable (sq ft) 87,667 Price/Sq Ft $199.50

Cap Rate 8.00% Occupancy 100% NOI $1,156,000

Year Built 1986 Stories 2

Hospitality For Sale in New Jersey & New York

Regency House Hotel ACTIVE HOTEL W/ 2 BANQUET ROOMS HOLDING A TOTAL OF 700 PEOPLE - MOTIVATED SELLER

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Best & Final 

Property Type Hospitality

Investment Type Institutional

Sqft 90,742 Cap Rate 7.00% Occupancy 85%

Keys 104 Stories 2Year Renovated 2012

Lot Size (acres) 10 Parking (spaces) 340

East 60th Street, New York, NY 10022 9,000 SF | NEW YORK, NY

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Asking Price: $16,900,000

Property Type Retail, Hospitality, Medical Office

Investment Type Owner/User Class

Square Footage 9,000 Price/Sq Ft $1,877.78

Pro-Forma Cap Rate32.54% Occupancy 100% Occupancy Date 02/28/2018 Pro-Forma NOI $5,500,000Year Built 2004 Buildings 1 Stories 7

Permitted Zoning C5 - Commercial, Retail

Lot Size (sq ft) 2,100 Ownership fee simple 

Union Avenue 52 KEYS BROOKLYN, NY

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Asking Price: $23,000,000 


A brand-new, fully-built hotel located at Union

Avenue in Williamsburg, Brooklyn – less than 100 feet from the combined L & G Train Station.

Property Type Hospitality

Square Footage14,219

Price/Sq Ft$1,617.55

Keys 52 Stories 5

Lake George, NY 12845 · 96 Rooms Hospitality For Sale

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Price$7,850,000

  • Business Value Included
  • Deferred Maintenance
  • Property Type Hospitality
  • No. Rooms 96 Property Sub-type Hotel.No. Stories 3 Building Class C
  • Year Built 2007
  • Sale Type -Investment Tenancy Single Cap Rate 9.50% Parking Ratio 2.74/1,000 SF 
  • Lot Size 3.50 AC
  • Zoning Description 07
  • Building Size 60,000 SF 

Hudson River Hotel in hearts of Midtown NYC

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Price $22,500,000 Sale Conditions Bulk / Portfolio Sale Property Type Hospitality No. Rooms56 Property Sub-type Hotel No. Stories15 Building Class B Year Built 1999 Sale Type A package of 2 Hotels for Sale on the same block, totaling
95 Keys for $45,000,000.
W 36th Street - Hudson River Hotel, 15 Floors, 56 Rooms. Cap Rate : 6.2%.

W 36th Street - 36 Hudson Hotel, 10 floors, 39 Rooms. Cap Rate : 7.1%
Spectacular Midtown West location steps from Jacob Javits Convention Center and the new Hudson Yards development. 

Long Island City, NY 11101 · 51 Rooms Hospitality For Sale

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 Price Not Disclosed 


Sale Notes

Lic Mixed-use Development Site - Ideal For: Residential / Commercial / Hotel
6,919 Sq. Ft. Plot

 Zoning Description M1-2/R5B
14,000 Sq. Ft. - 22,000 Sq. Ft.

 Lot Size 0.16 AC
Buildable with Bonus F.A.R.


Approved Plans for Hotel 

Chicago-Area Hyatt House Investment Opportunity

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Fee simple interest in the 134-room Hyatt House Schaumburg, IL offered at a substantial discount to replacement cost

  • Available unencumbered of debt and third-party management with the ability to retain the Hyatt House brand
  • Historical expenses are disproportionately high per industry standards, allowing buyer to potentially dramatically increase management efficiency and improve in-place net operating income
  • Moderate change of ownership PIP expected with more than $903,000 (~$6.7k/key) of recently completed renovations
  • Currently undergoing the $450k H Bar renovation scheduled to be completed in April 2018
  • Proximate to the Interstate 90 / 290 interchange which sees upwards of 360,000 vehicles passing the location daily
  • Optimal location in the heart of Schaumburg, proximate to the city’s top-ten largest employers
  • Proximate to all regional demand generators including Woodfield Mall, Zurich, Motorola Solutions, OptumRx, IBM, and the Golden Corridor

Castle Rock Resort & Waterpark INDOOR WATERPARK PROPERTY FOR SALE IN BRANSON, MO.

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Asking Price: $5,500,000 

Property TypeHospitality

Investment Type Owner/User

Square Footage140,527 Price/Sq Ft$39.14

NOI $418,463 Keys 200 Price/Key $27,500

Permitted Zoning Commercial Lot Size (acres)4.45 Parking (spaces)219

DialySPA 6.35% CAP | 7,317 SF | HOUSTON, TX

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Asking Price: $3,169,000 

Property Type Retail Investment Type Net Lease

TenancySingle Lease Term 11 years

Lease 11/28/2017-11/30/2028 Remaining Term 11 years

Square Footage 7,317 Price/Sq Ft $433.10

Cap Rate 6.35% Occupancy100% NOI $201,218

Lot Size (sq ft) 32,252 Parking (spaces) 43

Rent Bumps 2% Annually Lease Options2 @ 5 yrs

Rodeway Inn Carlsbad, New Mexico

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Property highlights are as follows:58 Unit, 2 Story Hotel

  • Located in a High Demand Market with Few Hospitality Opportunities for Sale.
  • Recently Franchised with Rising Revenue and ADR
  • Updated Rooms that Exceed PIP Requirements
  • Well Priced at 2.7X Revenue and 15% Cap Rate Asking Price: $4,800,000

Copper Creek Inn & Restaurant HISTORIC RESORT & RESTAURANT AT MOUNT RAINIER | 11% CAP YEAR-ROUND REVENUE

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Asking Price: $3,495,000  Property Type Hospitality, Special Purpose 

Copper Creek Inn, Cabins and Lodge, located 2 miles west of the Nisqually, the (southwest) entrance to Mount Rainier National Park, is a small resort with a variety of cabins and suites and the historic Copper Creek Restaurant. Ten cabins are scattered throughout the pristine, privately owned, 10+ acres that is surrounded by the Nisqually Land Trust and US Forest Service lands. The roaring, rocky Copper Creek intersects the property with plenty of spots to steal away and enjoy the solitude. 

Spruce Lodge HISTORIC 17 UNIT LODGE | 12 RV SITES | SOUTH FORK, CO Asking Price: $999,500

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Property Type Hospitality

Square Footage 16,000 Price/Sq Ft $62.47

Year Built 1926 Lot Size (acres) 1.17

  • Located At The Base Of The San Juan Mountains
  • Listed On The National Register Of Historic Places
  • 16,000 Sf Historic Main Lodge; 17 Total Units
  • Cook's Cabin; Two 2 Bedroom Cabinettes 12 Rv Sites
  • Amenities: Spruce Lodge Restaurant, Oxygen Bar, Hot Tub & Sun Deck-Full Offering Package Available Upon Request

Hampton Inn & Suites Borger 64 KEYS | $101,563/KEY | BORGER, TX

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Asking Price: $6,500,000 

Property Type Hospitality 

Investment Type Stabilized

Square Footage 49,367 Price/Sq Ft $131.67

Occupancy 76% Keys 64

Year Built 2011 Year Renovated Ongoing

Buildings 1 Stories 3 Permitted Zoning C

Lot Size (acres) 2.28 Parking (spaces) 84

Price/Key $101,562.50 Ownership Fee Simple

Hampton Inn 73 KEYS | $93,151/KEY KENEDY, TX

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Asking Price: $6,800,000 

Property Type Hospitality

Investment Type Owner/User

Square Footage 50,320 Price/Sq Ft $135.14

Cap Rate 12.72%Occupancy 80%

NOI $864,832 Keys 73 Year Buil t 2014

Buildings 1 Stories 4

Permitted Zoning Commercial

Lot Size (acres) 1.99 Price/Key $93,150.68

Ownership Fee Simple

Fontana Village Resort 194 KEYS FONTANA DAM, NC

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Asking Price: Unpriced 

Property Type Hospitality &Resort Keys 194

Ownership Leasehold Interest

 Fontana Village Resort is a year-round destination resort located amidst the pristine beauty of the Nantahala National Forest in the mountains of Western North Carolina. It is located within 2-3 hours drive from four major cities: Knoxville, Atlanta, Greenville and Chattanooga. Besides its prime location next to Great Smoky Mountains National Park, the resort is also within 95 miles from Asheville, North Carolina. 

Ramada Salt Lake 8.61% CAP | SALT LAKE CITY, UT

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Asking Price: $12,000,000 Type Hospitality

Square Footage 99,101 Price/Sq Ft $121.09

Cap Rate 8.61% NOI $1,033,162 Beds 184

Year Built 1984/1991 Stories 2

Permitted Zoning M-1 Lot Size (acres) 5

APN07-36-303-010-0000

Best Western 7.75% CAP | 120 KEYS SAVANNAH, GA

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Asking Price: $8,606,451 Property Type Hospitality

Investment Type Sale/Leaseback

Square Footage 69,558 Price/Sq Ft $123.73

Cap Rate 7.75% NOI $667,000 Keys 120

Year Built 1971 Year Renovated 2015

Lot Size (acres)6.4

Pocono Resort CRESCO, PA

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Asking Price: $3,800,000 

Property Type Hospitality

Keys 31 APN 11638501085046

  • Weddings & Banquets indoor/outdoor ceremonies Dining
  • Private Cottages
  • Alcohol Served & 100% Non-Smoke

Siena Suites 600 KEYS | $83,333/KEY | LAS VEGAS, NV

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Asking Price: $50,000,000  Property Type Hospitality

Beds 600  Keys 600 Year Built 2004 Buildings 14 Stories 3 Permitted Zoning General Commercial C-2 Lot Size (acres) 14.8

Parking (spaces) 583 APN 161-34-503-004  Price/Key $83,333.33

4 Ocean City Resort Hotels OCEAN CITY, MD

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Asking Price: Unpriced

Property Type Hospitality 

4 Major Flag Hotels

High Cap Rate & Income Producing Less than 10 years old

Turn-key Operations with Management in Place

Sold as Portfolio or Individually

Close the deal100,000 SF CATERING FACILITY 792 ROUTE 10 WEST RANDOLPH, NEW JERSEY

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Located in the Township of Randolph, New Jersey. The overall land area of the offering is ±19 acres located within the O-L Office Laboratory zone. The improvements on the property include an existing banquet and catering facility commonly known as the Skylands Event and Conference center consisting of approximately 100,000 square feet with an allowable occupancy for 1,975 persons,  a 586-car asphalt parking lot, associated driveways and loading areas. 

108 Room Red Roof Inn, 900k in RR, I-70 visibility, college town, major hospitals, minimal PIP

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Price $2,550,000

Property Type Hotel

Cap Rate 10% Revenue Multiplier 2.5x

Year Built 1984 Lot Size 2.49acre

APN ID 16-311-00-06-001-00-01

Building Size 32,832sq. ft. Floors 2

Units 108 No. of Buildings  2

BEST WESTERN GRAND VICTORIAN SAYRE, PA 18840

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 TOURS BY APPOINTMENT ONLY
Wednesday, May 2nd through Thursday, May 3rd
Tuesday, May 15th through Wednesday, May 16th 

 Rooms

100

Year Built

1985

University of Notre Dame Area Staybridge Suites- IN

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Fee simple interest in the institutionally owned 90-room Staybridge Suites offered at a discount to replacement cost 

  • Available unencumbered of debt and management with the ability to retain the Staybridge Suites brand
  • Convenient access to all local and regional demand including AM General, the South Bend Museum of Art, Potowatomi Zoo, the University of Notre Dame, Notre Dame Stadium (currently undergoing a $400MM renovation), and the newly opened Four Winds Casino

Super 8 Escanaba, Michigan

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90 Unit Hotel in Excellent Condition

Two Story, Interior Corridors

Excellent Location on US-41

Fantastic Opportunity for an Owner-Operator, Two Manager's Quarters with Kitchen

Motivated Seller Asking Price: $2,350,00

Coronado Island Hotel Portfolio 46 KEYS | CORONADO, CA

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Asking Price: Unpriced 

Property Type Hospitality, Development Site

Square Footage 10,101 Keys 46

Year Built 1945 & 1954 Permitted ZoningR-4 Zoning 

Lot Size (sq ft)29,600 Parking (spaces)23

OwnershipFee Simple (Land & Building)

Fairview Inn 100 KEYS $21,000/KEY FLORENCE, SC

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Price/Key$21,000 Property Type Hospitality

Square Footage 64,500 Price/Sq Ft $32.56

Cap Rate 22.38% NOI $469,903

Keys 100  Year Built 1974 Stories 2

Lot Size (acres)3.08

Hotels For Sale

Holiday Inn Express Downtown San Antonio

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Asking Price: $8,700,000 

Property Type Hospitality

Investment Type Stabilized

Square Footage 45,096 Price/Sq Ft $192.92

Occupancy 90% Keys 78

Year Built 2001 Year Renovated 2017

Buildings 1 Stories 4 Lot Size (acres) 1.06

Permitted Zoning C-3NA Ownership Fee Simple

Hotel Isla De Roque 60 YEAR LAND LEASE OCEAN FRONT HOTEL DEVELOPMENT SITE BARCELONETA, PUERTO RICO

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Asking Price: $3,900,000 

Property Type Retail, Hospitality, Development Site, Land

Square Footage 26,780 Price/Sq Ft $145.63

Keys 80 Stories 5 Parking (spaces) 20

Price/Key $48,750

Pensacola Florida Hotels PENSACOLA, FLORIDA HOTEL PORTFOLIO | 20 YEAR ABSOLUTE NNN SALE LEASEBACK

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Asking Price: $15,458,191  Address (3 locations) 

Property Type Hospitality

Investment Type Sale/Leaseback

Square Footage 42,733 - 46,689

Cap Rate 7.50% Occupancy 100%

NOI $1,159,365 Keys 247 Stories 2

Year Renovated 2018 Ownership Fee Simple

Long Beach Island's top boutique hotel 10 KEYS BEACH HAVEN, NJ

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Asking Price: $2,375,000 

Property Type Hospitality

Square Footage 5,500

Price/Sq Ft $431.82 Keys 10 Year Built 1892

Permitted Zoning R·C5,500

SUPER 8- NICE MOTEL WITH A SPORTS BAR | 9.20% CAP | 3491 LATCHA RD, MILLBURY, OH

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 Asking Price: $2,800,000  Type Hospitality

Hotel & Motel, Economy/Limited Service

Square Footage 57,924 Price/Sq Ft $48.34

Cap Rate 9.20% NOI $257,615 Beds 110

Year Built 1960 Stories 2

Lot Size (sq ft) 696,960  Parking (per 1,000 sq ft) 2

Quality Inn 10.72% CAP | 102 KEYS SPRINGFIELD, MO

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Asking Price: $3,500,000 

Property Type Hospitality

Square Footage 41,760 Price/Sq Ft $83.81

Cap Rate 10.72% NOI $375,058

Keys 102 Year Built 1978 Year Renovated 2004

Stories 3 Permitted Zoning HC Lot Size (acres) 2.5

Restaurant Pad - 6412 Losee Rd 6.75% CAP | 6,121 SF | NORTH LAS VEGAS, NV

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Asking Price: $1,432,000 

Property TypeRetail Lease Type NNN Tenancy Multi Square Footage 6,121 Price/Sq Ft $233.95

Cap Rate 6.75% Occupancy 100% NOI $96,670  Year Built 2008 Lot Size (acres)0.77

The Imperial PARK CITY, UT

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Asking Price: $6,100,000 

Property Type Retail, Hospitality, Special Purpose 

Just steps from the dining, entertainment, and nightlife of downtown Park City

A Vacation Home With Hotel Amenities

Perfectly placed for all things Old Town like the Sundance Film Festival and more

Lobby with daytime service, cafe, grocery store, and more...

L'S RESTAURANT & BAR CORBIN CITY, NJ

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Asking Price: $1,100,000 

Property Type Hospitality Sub Type RESTAURANT

Square Footage 8,000 Price/Sq Ft $137.50

Buildings 1 Permitted Zoning VC

Lot Size (acres) 1.32 Parking (spaces) 80

Ownership FEE SIMPLE

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