Huff, Niehaus & Associates, Inc., a Kentucky-based member of Hotel Brokers International, announces it successfully brokered the sale of two hotels last week. The hotels include a dual-branded hotel in one market and the other a small owner/operator property. Assets included in these transactions were located in Kentucky and Ohio. Both hotels were exclusively listed by Brandt Niehaus.
The 99-room Days Inn and Knights Inn located in Frankfort, Kentucky, was sold to RANG LLC, an experienced hotel owner from out of state wanting to invest in the Kentucky hotel market. The 42-room Carefree Inn in Lebanon, Ohio, was sold to a first-time hotel owner/operator.
“I’m glad to have been a part of each transaction and to assist my clients with finding qualified Buyers for their assets,” said Brandt Niehaus.
Brandt Niehaus, President of Louisville, Kentucky-based Huff, Niehaus & Associates, Inc., is a licensed broker in Alabama, Indiana, Kentucky, Massachusetts, Ohio and Tennessee. He earned the coveted Broker of the Year award in 2014 and is an eleven-time recipient of Top Regional Broker recognition. Since 1975, Huff, Niehaus & Associates has evolved into a full-service real estate firm providing many services exclusively to the hospitality industry and lenders, including Broker’s Opinions of Value, expert witness testimony, development consultation and brokerage services. Huff, Niehaus may be accessed online at www.huffniehaus.com.
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 100 property listings and the HBI website attracts site visitors from all over the world. 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’s hotel listings or to become a broker or affiliate member, visit www.hbihotels.com.
For more information contact:
H. Brandt Niehaus CHB, CCIM
Huff, Niehaus & Associates, Inc.
Glenda J. Webb, Managing Director
Hotel Brokers International
Kansas City, Missouri
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