



Motels
and hotels can be a rewarding option whether you are looking to buy, lease or
invest. These potentially
revenue-generating properties range from small roadside motels to larger
franchise hotel chains to quaint bed and breakfast facilities.
Lodging properties are often available in various locations and sizes to
map to your specific needs, goals, and resources.
Properties may be utilized for income, tax relief and appreciation.
Property
Characteristics
Motels and hotels are typically classified by number of rooms, amenities and ratings if available. Evaluations include gross income trends and deferred maintenance as well as occupancy rates and geographic locations. Proximity to attractions, highways and cities as well as other factors contribute to the value of the property and influence investment decisions. Improvements to the conveniences, landscaping and overall atmosphere may help grow revenue. Many clients who started with a single motel purchase are now managing their own chain. Our professionals assist in measuring cash flow, cap rate and net operating income figures. Numerous factors are considered to help match the best commercial property to your expectations.