OFF Market Hotels

[Alan Freeman]

I have a business partner who is looking for a buyer for 11 off market hotels in various locations.  Each are separate and different. They range from 4mil to 850 mil.  I will send you directly to him so there is no daisy chain.

[Lynne Spencer]

Charles,

Are you available for a call today?

Please email me at [e-mail] so we can set up a call.

Thanks,

Lynne

[Amy Ellin]

Here are some hotels only I have been provided authorization to discount by 1M and be able to advertise or offer best offer.  They are in the heart of NY, and you shouldn't miss out.  Let me know at [e-mail], my name is Amy Ellin..

1). Trophy Hotel (Midtown Manhattan)

469 Park Avenue S New York, NY 10016

-Asking Price - $64M OBO

-305 rooms; 173673SF

-Income Revenue - $8,920,658

-General Operating Income - $4,928,967

-Expenses - $2,373,145

-Gross Profit - $2,555,821

2). LaQuinta Manhattan Hotel

17 W 32nd Street, New York, NY 10001

-Asking Price -$63 OBO

-182 rooms.  182rooms x $350,000 =$63,700,000

-Yearly Net Income - $2,272,820

-Cap rate - 3.56%. $2,272,820 / $63,700,000

*Income Statement Available- Aug 2015- July 2016

3). New York Manhattan Hotel 

6 W 32nd Street, New York, NY 10001

- Asking Price -$58M OBO 

- 171 rooms

- Yearly Net Income - $2,415,852

- Cap Rate -  4.03%. $2,415,852 / 59,850,000

*Can bargain this deal to $350,000 per room x 171 rooms

4) Mariott Fairfield Inn Manhattan 

21 West 37th Street, New York, NY 10018

-Asking Price - $55M (OBO)

-3 Star 17 story Hotel, built 2007 opened in 2009

-On a scale of 1-10 it's an 11; 34,690SF

-No air rights

-2015 Revenue Gross - $8,544,614

-2015 NOI - $3,974,397

-Cap Rate - 6%

-ADR - $281

-2015 Revenue Par - $254.46

-2015 Occupancy Rate - 90%

-2015 room nights - 30,313

[Lynne Spencer]

Amy, are you direct to the seller?

If so, please contact me at [e-mail] with your number.

Thanks,

Lynne