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We at National Hotel & Motel Brokers have been in the business of the sale
of lodging properties for over 50 years and rarely have we seen a market as
unique as this current situation. While the housing market is inundated
with properties on the market for sale with few buyers out there, the lodging
market is just the opposite, many buyers looking for property to purchase,
but few properties for sale that actually make financial sense to a buyer or lender.
Even if a buyer finds a “turn around” of interest to them and they know that they
can do a better job with a property than the current ownership is doing, the lenders
are apprehensive about making loans on anything other than blue chip, franchise
properties with good solid cash flows.
National Hotel & Motel Brokers has recently listed some very nice lodging properties for sale that will be of interest to qualified and knowledgeable buyers. While most of these properties are in northern California, two are in Arizona and one is in Minnesota.
These properties are in very good locations and the majority of them have
solid financial histories with positive cash flows that lenders will loan on.
Several of our sellers are willing to do some type of seller financing.
We have now expanded our offices to include Oregon.
Please review our listings and call either Brian Mathews at 925.418.8226 or Martin Barnhart at 209.772.3353.
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