Huff, Niehaus & Associates, Inc., a member of Hotel Brokers International, is pleased to announce the sale of the Continental Inn of Bowling Green, Inc. in Bowling Green, Kentucky. The 99-room independent hotel occupies a highly visible exit location at exit #28 on I-65 south situated near the GM Corvette Assembly Plant, the National Corvette Museum and the new NCM Motorsports Park driving facility. Huff, Niehaus represented the Seller in this transaction. The hotel was sold for $975,000 which included a leased Jerry’s Restaurant. The hotel was purchased by a Bowling Green-based owner and operator. The buyer plans to improve the hotel and expects to spend over $600,000 on renovations.
H. Brandt Niehaus is President and Principal Broker of Huff, Niehaus & Associates, Inc. a Louisville, Kentucky-based full-service hotel real estate investment firm. Huff, Niehaus is recognized as one of the leading brokerage firms in the nation and is a ten time recipient of the HBI Top Regional Broker award. Huff, Niehaus offers hotel real estate advisory services including opinions-of-value, consulting and management as well as investment real estate brokerage services. Clients can expect skilled counsel at every step of the sale process from initial negotiations to the final coordination of the closing, always with the utmost integrity and with the results of a win-win for all parties involved.
Founded in 1959, Hotel Brokers International members lead the industry in hotel real estate sales. HBI hotel brokerage specialists have successfully negotiated more than 10,000 hotel real estate transactions and consistently account for the largest share of all select-service and economy hotel sales in the United States. The organization’s database currently comprises more than 150 property listings and the HBI website attracts more than 55,000 monthly site visitors. Founder and host of the popular Hotel Investor’s Marketplace Webcast, HBI also developed the Certified Hotel Broker professional designation program. In addition to hospitality real estate advisory services, HBI offers affiliate membership to professionals in allied fields, including franchising, lending, appraisals and investment services. For more information about HBI members’ hotel listings or to become a broker or affiliate member, visit www.hbihotels.com.
For more information contact:
H. Brandt Niehaus
Huff, Niehaus & Associates, Inc.
Glenda J. Webb
Hotel Brokers International
Kansas City, Missouri
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