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Off Market in Southern Colorado
Southern, Colorado
– 2021 has been a banner year for this property
– Limited competition (mostly older hotels) and no proposed hotels currently in the pipeline
– NOI is over $634,000 for first 9 months on 2021
– NOI already higher than 2019
– Property’s 2021 Occupancy is 70.6%
– Indoor Pool and Hot Tub
– Breakfast Room and Fitness Center
– 3.86 Acres of land
– Estimated gross in 2021 is $1.7 million
– Actual 2021 cap rate is 13% based on projected year end NOI
– Price Per Key: $110,169.
– Presented by AMHB Member: Alex Kovacs
George Wilkinson (Arizona)George Wilkinson began his career in hospitality in his home state of Kansas running and operating three successful family restaurants. He expanded on this experience by becoming a Lodging specialist for Kraft foodservice developing National account programs for both Westin Hotels and Doubletree. He then started with Standard Textile developing territories throughout the Western United States working directly with Hotels, Resorts, Commercial Laundries, and national/regional hotel groups. George first started his Real Estate career in 1992 being involved in many multi-million-dollar transactions. With his extensive knowledge of Hotel Operations, housekeeping, and foodservice, George brings a well-rounded skill set to handle the sale of your full-service Hotel. George joined the management team at AMHB in the capacity of Sales Consultant. He may be reached at wilkinson@amhbnetwork.com
Michael Hamilton, ABR, is an experienced licensed real estate broker with 16 years working in Georgia, Louisiana, and Texas specializing in residential, commercial, and business sales who is frequently used as a consultant to other real estate professionals.
Honesty, integrity, determination, and dedication are philosophies that Michael strives for in every aspect of his life. His innovative approach using technology to improve customer care, general marketing, negotiations, and refine office management within real estate has secured him as a top producing agent for 10 consecutive years. Michael takes pride in delivering exceptional service and developing lifelong relationships with his clients.
Michael serves on the Political and Governmental Advisory Board and is a committed member of his church and community.
Ikram Wahid has over 20 years of professional experience in Hospitality, Business Administration, Property Development, Finance, and Hotel Management. He has personally managed large teams and is highly skilled in strategic planning and training people in leadership skills.
He is actively involved in the acquisition and management of hotels, residential and commercial properties in London. With his knowledge and experience on the business side of the hospitality industry, he is a key resource for anyone wishing to buy or sell hotels in almost any market.
Bilal Jamil, by virtue of his training and degree, is a Structural and Civil Engineer. He has extensive knowledge of designs, plans, building structures, fire risk assessments, and surveys. He has worked on numerous construction projects including hotels, care homes, schools, and roads.
Bilal has also worked extensively in the hospitality industry with unique skills in Hotel Management and Human Resource Management. He currently manages a team of over 150 hospitality professionals who run the day-to-day operations of London & Co.
Guylaine entered Business Brokerage after 20 years in a corporate sales role including residential real estate. In her past life, she has served as Sales and Marketing Director for technology companies, such as IBM, and Brainhunter. She chose to specialize in the hospitality industry because of her love for travel and experience in working with international clients.
She is an experienced and professional salesperson who has the ability to understand client’s needs and devotes the time and effort to accompany them through the buying or selling process. Her years of sales experience have led her to use proactive and innovative methods at each step of the transaction.
Her consultative approach and business acumen allow her to be an advisor who understands your reality, and who has the tools to negotiate well on your behalf. Guylaine’s skills combined with Sunbelt Canada’s network and expertise create the essential conditions for the success of your transaction.
She is fluently bilingual in French and English. Integrity is her number one value.
Certified Mainstreet Business Broker – CMSBB
International Business Brokers Association Member – IBBA
Sunbelt Hotel Specialty Training
Email: Guylaine.ure@sunbeltcanada.com
Phone: 613-731-9140 Ext 247
Fax: 613-526-0997
Mobile: 613-297-4486
Fahd El Tawil, managing director of ETHC, LTD, is a multilingual business leader with 25+ years of global business development, operations management, quality assurance, and employee management experience in the hospitality sector. He is recognized for demonstrating a natural aptitude for strategic planning and process improvement, he has a verifiable history of contributing directly to his company’s growth and stability.
ETHC Ltd. is focused on accelerating expansion and to that end, has extended its expertise into the hotel brokerage field. Its strategic agreements with other seasoned hotel brokers in Asia, Africa, and the Middle East have produced over $1 Billion USD of hotels for sales in those markets. The company is also poised to provide hospitality consulting and management services to existing hotel owners/operators as well as new investors entering the industry or market.
To learn more about ETHC, Ltd, contact Fahd El Tawil for more information:
WhatsApp: 44 (0)7944 610711 Skype: 44 (0)1172303317 E-mail: fahd@ethc.co.uk
Surinder Nanda is a licensed Real Estate Agent in Nevada and California and also holds a Nevada Mortgage License (NMLS). He is a seasoned banker with more than 47 years of experience in Banking. Throughout his Finance career, he specialized in Credit Analysis, Restructuring, Retail, Small Business Finance, Commercial and Institutional Banking.
Surinder is a Science Graduate with a Post Graduate Diploma in Business Management and a Certificate Associate of Indian Institute of Banking Management. Surinder is passionate about Economic Empowerment, Education, Science and Technology, the Environment, Health, Poverty Elevation.
He speaks English, Hindi, Punjabi, and Gujrati and specializes in Hotel and Motel Evaluations. He can be reached at 702-333-4449 or SNANDA@AMHBWORLD.COM.
Bruce Hooker has lived in Las Vegas since 2003, during this time he has developed a thorough understanding of this marketplace. He received a B.S. from UCLA with a double major in finance and accounting. He has also done extensive post-graduate work. Mr. Hooker has held several senior-level executive positions with small and middle-sized companies, in the manufacturing and distribution industries. In this capacity, he has helped negotiate numerous mergers and acquisitions, including some involving NYSE listed companies. As a business broker, Mr. Hooker has been involved in closing numerous multi-million dollar business sale transactions, several of which have been valued at over $7,000,000. The strength of Mr. Hooker’s prior financial background gives him the ability to help commercial property and business owners structure their transactions to maximize the after-tax proceeds from the sale of their income-producing entities. Bruce may be reached at bhooker@tworld.com.
Sheryl Troop (Arizona & Illinois)• 29 years of real estate sales in Illinois and Arizona in commercial and residential sales
• 35 years of full and limited service hotel / property management
• Expertise in market research, property investment forecasts, and revenue management
• Real estate designations: Broker, SFR, CNS
• Hospitality designations: CHA, CHRM, GM Certified for multiple major brands
Sheryl has a unique skillset mixing practical hotel and property management experience with commercial real estate sales. Having experience with different brands, and their expectations, she is a valuable resource in looking for the perfect property to invest in, providing insight from a proprietor’s point of view – including common oversights when investing in the hotel or hospitality industry.
36 years of management experience in multinationals:
• MWM Partner • Commercial Director –Corporate Advisor Thunderbird Hotels – Peru
• Director Of Corporation II Torres Peru
• Commercial Director Inlingua Peru
• Sales Manager- Reckitt & Colman
• General Manager P.O.P. Services Peru
• Sales Manager Gillette (Peru and Mexico)
• Current Directors : Baprosa – Insurance Brokers, Traelsa (galvanotechnics and ferroalloys – cast irons)
30 years of experience in Hotel and Tourism in Central America and South America:
• MWM Partner
• Regional Director of Best Western Hotels & Resorts for South America.
• General Manager of the Best Western CCT Hotel, Caracas, Venezuela
• Partner of Horwath Venezuela in charge of the Hotel Division.
• Resident Manager at Wyndham Hotel Maremares in Puerto La Cruz, Venezuela
• Chief Operating Officer at Caracas Hilton, Venezuela
•25 years Brokerage and Hospitality Management
•Serving Colorado, Kansas, Montana, Nebraska, North Dakota, South Dakota and Wyoming
•One of America’s Most Respected Hospitality / Lodging Specialists
•Top Five Producers in America
•M.B.A. | FINANCE & MANAGEMENT | LOYOLA UNIVERSITY
•Hospitality experienced – with over a decade of knowledge and first-hand understanding
•Motivated, results oriented (CLOSE DEALS!), and well organized to get deals done
•Licensed Broker in Louisiana, Arkansas, Georgia, Mississippi, and North Carolina
•Relationship driven and professionally acclimated to providing an unparalleled service
•Hobbies: Traveling, Reading, Exercising, and Spending time with family
King Jeremiah began his career in hospitality in his home country of Grenada in the Caribbean. During his years at Berea College in Kentucky, he coupled his studies in Hotel Management with practical work experience at the historic Boone Tavern Hotel. After graduating with his Master’s degree from Eastern Kentucky University, King continued in the industry as the General Manager and Sales Director for a number of hotels in Kentucky. Starting in 2000, King joined Best Western Hotels and Resorts where he held a number of key corporate positions in Consulting, Branding, Training and Quality Assurance for over 4000 hotels in more than 100 countries. In 2020, King joined the management team at AMHB in the capacity of Vice President of Corporate Administration & Marketing. He may be reached at king.jeremiah@amhbnetwork.com
Tangela is a conscientious Realtor who exudes credibility, commitment, and determination. Her passion for real estate is apparent through her excellent communication skills and her warm and friendly approach. As a native Houstonian, she has witnessed the city’s great transformation into a diverse, bustling metropolis. Her enthusiasm to help foster that transformation, fueled by her intimate knowledge of the region, inspired her to become a Realtor in 2012.
Tangela attended the University of Houston, where she studied Business Administration and Marketing. Tangela has worked with Federal, State, County, and City elected officials on public policy and community initiatives and brings a commitment to work hard, listen and follow through to the real estate profession. Being intentional about building relationships with clients, and more importantly, maintaining those relationships through consistent and effective communication, is a primary focus for her.
Anchored by professional excellence and integrity, Tangela offers the complete package, including unparalleled personal service, strong negotiating skills, business insight, and determination to meet the needs of her clients. She is energized and committed, with a strong work ethic that will guarantee her clients will achieve their goals. Bottom line, she is going to get the job done properly and professionally!
Since 2005, Tangela has partnered with the Muscular Dystrophy Association to support families affected by neuromuscular disease. She has sat on the board of multiple community organizations and currently serves as an advisory board member for The Greater Houston Partnership. For over 20 years, she has coordinated events and activities for various organizations and supports multiple initiatives to educate, elevate, and empower women entrepreneurs. In short, Tangela loves to help people!
I started my career in Real Estate at the age of 18, and received my broker’s license in San Mateo County. I was the youngest salesperson to obtain my broker’s license at the time. By 28, I started Sierra Pacific Mortgage Corporation. As my company grew and I expanded my business in the Greater Sacramento area in 1995 and started Pacific Star Real Estate. With my vast knowledge and expertise in this industry, helping you make the best possible decisions is my number one priority.
As a current hotel owner/operator who has successfully owned and operated two other properties, I understand all aspects of the hospitality business. It is part of my fabric.
19+ years in the Real Estate business gives me true insight into the requirements of both buyers and sellers. I take great pride in conducting business ethically, morally, and honestly focusing on the needs of my buyers/sellers.
I have been married since 1997 and am a very proud father of four children. Spending time with my family gives me great joy although, when time permits, I also enjoy the outdoors through gardening, fishing and hunting.
Greg Kells, Lifetime Certified Business Intermediary, Life Member Institute of Business Appraisers, Certified Machinery and Equipment Appraiser, Certified Senior Business Analyst, Mergers & Acquisitions Master Intermediary, Fellow of the IBBA, Licensed Business/Real Estate Broker, is President of Sunbelt Business Brokers Inc. (Canada). His focus on Sunbelt’s development has made Sunbelt the premiere Canadian Business Brokerage, dominating local markets through superior services, delivered by professional brokers, using effective marketing programs and supported by appropriate technology, training, large national and international networks, and proven methodology.
Mr. Kells is an international entrepreneur with extensive business development, marketing, and management experience. He has served as president/chairman of companies in a variety of industries.
Greg is very much a hands-on CEO and his skills and experience are a significant asset to colleagues and clients. He has been a guest lecturer at Harvard, Yale, and Duke Universities as well as at numerous Canadian Colleges. He enjoys mentoring and is involved in teaching at Sunbelt, at the International Business Brokers Association, the National Equipment and Business Brokers Institute and the Society of Business Analysts.
He is the supportive husband to contemporary artist Gayle Kells and is the proud father of three children and three Grandchildren. Greg is involved in his community on various levels including being the Chair of the Canadian Institute of Nature, the founding Chair of the Canadian Institute for Conflict Resolution and current Chair of the National Aquatics Institute. He serves as President of International Business Brokers Association Canada and is active in numerous community organizations.
Studies: In 1979, obtained Bachelor Economics degree. 1981 obtained Law degree and professional license.
Real Estate Experience: Initiated into Real Estate activity in 1982. In 1984 created a company dedicated to the development and construction of houses, warehouses, and the development of low income homes, high income suburban subdivisions. Also in 1984, created the company Hard Assets Market dedicated to buying and selling hard assets such as real estate, gold coins, silver and diamonds. Founded another company of real estate in 1986 which he transformed into the franchise which acquired the MASTER FRANCHISE of Realty World for the Mexican Republic and today is one of the three largest and top Real Estate companies in México in which he currently holds the position of CEO.
General Activities: Member of National Association of Realtors, active member and President of Mexico’s Chapter of the Federación Internacional de Profesiones Inmobiliarias (FIABCI) for 2014,2015 and 2016 whose headquarters are located in Paris, France. Active member of the American Chamber (AmCham). Has participated also as broker in the most important real estate transactions for global companies that have invested in Mexico such as Wal-Mart, Home Depot, Mattel, Sanyo, Siemmens and General Electric.
Carolyn Johnson has a diverse and extensive background in business brokerage. As President of Transworld Business Advisors & Nevada Realty, she assist people with the confidential sale of their businesses and assist people searching to purchase new franchises or develop their existing businesses into nationwide franchises. Transworld Business Advisors is the world leader in marketing the sale of businesses and franchises. Carolyn’s background includes everything from restaurants, motels, hotels and retail to start-up companies including disciplines of engineering, electric motors, sustainability, green technologies, environmental management, power industry including simple cycle and combined cycle, water distribution companies, nuclear testing, nuclear weapons, and nuclear power. Her vast field of knowledge and experience makes Carolyn and her team a valued addition to the AMHB Network Family.
Dan Sperry’s entrepreneurial pursuits over the last 15 years have allowed him to be involved in starting, acquiring, operating and investing in dozens of businesses and commercial property interests. These include hospitality management, hotel investment property, retail, service, real estate brokerage and commercial property development. Since 2002, his focus has been on business sales, mergers and acquisitions throughout the Midwest.
Mr. Sperry has also had the opportunity to become involved in the franchise industry, both as a franchise owner of a real estate office and retail store front, as well as representing buyers and sellers of various franchise operations. He also represented numerous independently owned businesses.
Mr. Sperry’s diverse background as an owner and operator of businesses helps him to relate to the same challenges his clients face when they are in the process of selling their business. Through his experience Mr. Sperry can quickly identify the challenges that arise when selling a business and work toward achieving possible solutions. Mr. Sperry can relate to seller concerns and understands the idiosyncrasies involved in selling their business.
With a leading approach to client service and a passion for results, Dan built his reputation on leading his buyers and sellers through the complex lifecycle of a business acquisition. Based out of our Chicago office, Dan is our specialist in the sale of motel and hotel properties throughout the Midwest.
A dedicated hard-working, loyal young entrepreneur, technologically fluent, adept in data analysis and data compilation. Have worked in hospitality & guest services, experienced in hotel operations on various levels.
I began my first job in hospitality at the age of 17 working front desk. I quickly mastered all the job roles of reservations, laundry, housekeeping, Inventory, maintenance, and worked my way into being the general manager by the one-year anniversary. I strive to bring excellence to the team and let my work speak for itself.
I am eager to use the same fervor in working for my clients in the Hospitality sales industry.
The Real Estate and Mortgage Business have had my focused attention for the past 15 years. Underwriting and processing loans in both retail and wholesale transactions has given me extensive knowledge in both the lending process and in real estate. It is my desire to ensure all my clients get the quality and service they deserve to attain their selling and/or purchasing goals while also helping relieve the stress and anxiety that so often occurs with such transactions. I am very good at what I do. Contact me to find out for yourself.
Riley Hunter grew up Wyoming as the sixth generation of their family ranch. After attending the University of Wyoming in 2006 he received a degree in finance with a minor in real estate. For the past 10 years Riley has been working with Pat Green and his commercial team specializing in: Hospitality, Retail, Multi-Family, NNN and Industrial Properties.
Grant Edmunds began his real estate career in 2010 after earning his Bachelor’s Degree in Finance at the University of Wyoming. Minoring in entrepreneurship was a stepping stone into real estate. For the past 6 years Grant has been working with Pat Green and his commercial team specializing in: Hospitality, Retail, Multi-Family, NNN and Industrial Properties.
Patrice Clifford is a 2007 alumni of Texas Southern University, Houston, Texas with a degree in Pharmacy. She is a Pharmacist, Travel Agent and Realtor. She has always had a love and passion for the real estate industry and the desire to help individuals attain their biggest investment of their lifetime. So, in 2019 she decided to join the real estate field with the guidance of Michael Hamilton. Patrice became a licensed real estate agent in 2020 and joined the Hamilton Real Estate and Development Company. She is ready and eager to assist others with their real estate needs, desires, and dreams to help them become a reality.
Chuck Platt (Montana)I have lived in Billings Montana since 1959 and I would I consider this “The Last Best Place! I started my real estate career in 1980. Since then, I have been involved in various facets of the business including: residential sales and development, commercial sales and development, business brokerage, land & building development, investment properties, IRC 1031 exchanges, leasing, property management, strategic planning & problem solving and buyer representation.
My specialty is “Hospitality Brokerage.” I work with Motels & Hotels, Restaurants, Bars, Casino’s and Licenses. In 2018, Montana had over 12.4 Million non-resident visitors that spent $3.7 Billion, directly supported 44,670 jobs statewide and generated $230 Million in state & local taxes. In addition to my membership in AMHB, American Motel Hotel Brokers network, I am also a member of the Montana Tavern Owners Association and the Billings Chamber of Commerce.
Alex Kovacs, Ccim (Colorado)Alex K. Kovacs, CCIM is a licensed real estate broker in Colorado and Florida, and is a highly experienced real estate consultant. He has been active in the real estate industry for over 35 years. His professional experience has been in commercial brokerage, entitlements, the fee preparation of real estate appraisals, feasibility studies, rent analyses and market studies specializing in hospitality, resort, and land development. Alex has a Master’s degree in Real Estate from the University of Florida, and has earned the prestigious MAI and SRA appraisal designations, although not currently an active appraiser. He has extensive experience in a wide variety of commercial property types ranging from hotels and resorts to mixed use developments
Jack Williamson (Arizona)Mr. Williamson began working as a full time Broker in early 1994. He became Senior Vice President of the AMHB Network to aid the company in its expansion efforts throughout the US. He has had success in opening several new offices for the company in places including Texas, Colorado, Utah and New Jersey. He has listed and sold millions of dollars worth of hotels, motels and land during his tenure. Mr. Williamson has also held executive positions with Ramada and major USA management companies. He has also owned and operated resorts and hotels in Arizona for many years.
Mike Sprinkle began his real estate career after a successful management career with Proctor and Gamble. Mr. Sprinkle helped create AMHB Network in 1970. Today, he is Chairman and CEO of the company and considered one of America’s most knowledgeable hospitality / lodging specialists. Mr. Sprinkle has personally negotiated successfully over $900 Million in Hotel / Motel / Casino Sales. He has also supervised and managed over $16 Billion in Hotel / Motel / Casino Sales.
Jeffrey Jones (Texas)EDUCATION and PROFESSIONAL DESIGNATIONS: Jeff holds a masters degree in business from Pepperdine University and is licensed by the Texas Real Estate Commission. He is a designated member of: • The American Society of Appraisers (ASA) • The Institute of Business Appraisers (CBA) • The Texas Association of Business Brokers (BCB) • The International Business Brokers Association (CBI).
APPRAISAL AND BUSINESS BROKERAGE EXPERIENCE: Jeff is President of Advanced Business Brokers. Since 1976, he has been involved in appraising and selling small to midsize businesses, including manufacturing, distribution, retail and service companies. He and his staff have sold over 1,000 businesses in Texas and the Southwest United States. As President of Certified Appraisers, Inc., he manages the firm’s multi-discipline appraisal practice, including the valuation of businesses, machinery and equipment, and real estate. He frequently testifies in depositions and courts of law as an expert witness on valuation issues. His clients include closely held companies, publicly-held companies, the IRS and other governmental agencies. As a member of SCORE, the U. S. Small Business Administration’s business consulting group, Jeff serves as an instructor and counselor for entrepreneurs starting new businesses, or helping existing business owners improve their profitability.
PUBLICATIONS, ARTICLES, AND SPEECHES Jeff is the co-editor of the Handbook of Business Valuation and Mergers and Acquisitions Handbook for Small and Midsize Companies published by John Wiley & Sons, Inc. He has written many articles on valuation and merger & acquisition issues, and is a featured speaker at many professional associations. jdj@advancedbb.com (713) 680-3290