HAMPTON INN & SUITES FORT MYERS BEACH SANIBEL …

HAMPTON INN & SUITES FORT MYERS BEACH SANIBEL GATEWAY, FLORIDA

OFFERING MEMORANDUM

HAMPTON INN & SUITES FORT MYERS BEACH SANIBEL GATEWAY FL

NATIONAL REACH. LOCAL KNOWLEDGE.

Hunter Hotel Advisors is pleased to present to qualified investors the opportunity to acquire the fee simple interest in the 120-room Hampton Inn & Suites Fort Myers Sanibel Gateway located in Fort Myers, Florida.

Teague Hunter President teague.hunter@ 770-916-0300

Robert M. Taylor Senior Vice President robert.taylor@ 305-479-1301

Trey Scott Vice President trey.scott@ 404-550-4231

Tim Osborne Vice President tim.osborne@ 770-701-2197

Shamir Patel Vice President shamir.patel@ 407-902-6090

Daniel Riley Senior Analyst daniel.riley@ 770-916-0300

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TABLE OF CONTENTS

HAMPTON INN & SUITES FORT MYERS BEACH SANIBEL GATEWAY FL

Executive Summary ..........................................................................................................3 Property Overview ............................................................................................................6 Property Description..........................................................................................................7 Financials .......................................................................................................................12 Market Summary.............................................................................................................19 About Hunter ..................................................................................................................29

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EXECUTIVE SUMMARY

Strong Performance

? Stabilized RevPAR in market with attractive mix of corporate and leisure business

? Hampton Inn & Suites achieves $100 RevPAR TTM May 2016 with 134% penetration and #2 of 6 ranking

? Property generates in excess of $36,000 in Room Revenue per Room and NOI in excess of $1,570,000 (35.2% margin)

? Excellent opportunity for Purchaser to immediately realize strong, stabile cash flow with ability to further increase efficiencies and overall income

Great Location Relative to Interstate 75, Corporate Demand, and 2 Resort Areas

? Close proximity to virtually all of Fort Myers corporate offices, more popular attractions, golf courses, and sports facilities ensure strong yearround demand

? Corporate demand nearby includes Hertz Corporate Headquarters, Health Park Medical, Park Royal Hospital, and Gourmet Foods

? Located along Summerlin Road ? the crossroads entrance to Sanibel Island, Captiva Island, Fort Myers Beach, and Estero Island resort areas

? The Hampton Inn & Suites is the closest Hilton-affiliated property to the beaches of Sanibel Island and Fort Myers Beach

? Located just 3 miles from the Key West Express Ferry Service, providing daily service to and from Key West

? Multiple sports facilities are located nearby and provide year-round demand from visiting teams, coaches, and parents such as Lee County Sports Complex, Terry Park, City of Palms Park, Calusa Blueway, Lakes Regional Park, Player Development Center, and Roy Hobbs Baseball World Series facilities.

? New Children's Hospital at Lee Memorial Health Park will be nearby once construction is complete, will also attract new medical office facilities to the immediate area bolstering year-round medical-related demand

? Located within ? mile of Fort Myers Beach RV Resort, Gulf Waters RV Park, Gulf Air RV Resort, Palmetto Palms RV Resort, Siesta Bay RV Park, Indian Creek RV Resort, Bayside Estates, and Sunny Beach Yacht Park so friends/family members of RV-goers can stay at Hampton Inn & Suites while visiting

HAMPTON INN & SUITES FORT MYERS BEACH SANIBEL GATEWAY FL

Institutional Quality Asset with Attractive Hampton Inn & Suites Branding

? Sturdy 2001 construction with concrete superstructure and steel roof decking

? Four story property with 120 guestrooms ensures conversion options exist upon exit

? Hampton Inn & Suites branding, especially with long term license, is an attractive brand to investors and guests alike

Strong Corporate Demand

Closest Hilton Product to Beaches

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EXECUTIVE SUMMARY

HAMPTON INN & SUITES FORT MYERS BEACH SANIBEL GATEWAY FL

Fort Myers is Rapidly Expanding

? Southwest Florida is one of the fastest-growing regions in the United States, with Cape Coral-Fort Myers ranking #3 with 3.3% population growth between July 2014 and July 2015 and 13.1% growth between 2010 and 2015

? New office and retail facilities currently under construction and recently announced projects will bring additional lodging demand to the area and will help further entrench the Hampton Inn & Suites in this particular segment

? Census data suggests the growth is driven largely by migration instead of a rising birth rate ? This growth is changing development philosophy and the creation of development zones is likely in the region's future as

a way to analyze the cumulative impact of multiple development projects at once ? Babcock Ranch is a 17,000-acre master planned community currently under development. It will be the first solar-powered

city in the U.S. and is slated to be the "world's most substainable city". Once complete, the community will be home to more than 50,000 residents and 19,000 homes, retail, office, and warehouse/industrial spaces.

Babcock Ranch

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