Page 21 - Apple REIT 9 2008 Annual Report

11
Real Estate and Accumulated Depreciation
As of December 31, 2008(dollars in thousands)
Bldg.Imp. & Total
Acc.
Date of
Date Depreciable
# of
City
State Brand
Encumbrances
Land
Bldg./FF&E FF&E Gross Cost
Deprec.
Construction
Acquired Life
Rooms
Tucson ..................... AZ Hilton Garden Inn
$
-
$ 1,009
$ 17,922
$
-
$ 18,931
$ (318)
2008
Jul-08
3 - 39 yrs.
125
Santa Clarita ............ CA Courtyard
-
4,581
18,709
1
23,291
(219)
2007
Sep-08
3 - 39 yrs.
140
Santa Clarita ............ CA Hampton Inn
-
1,819
15,751
-
17,570
(132)
1987
Oct-08
3 - 39 yrs.
128
Santa Clarita ............ CA Residence Inn
-
2,547
14,482
-
17,029
(106)
1996
Oct-08
3 - 39 yrs.
90
Santa Clarita ............ CA Fairfield Inn
-
1,874
7,740
-
9,614
(53)
1996
Oct-08
3 - 39 yrs.
66
Pueblo ..................... CO Hampton Inn & Suites
-
899
7,411
-
8,310
(53)
2000
Oct-08
3 - 39 yrs.
81
Fort Lauderdale ....... FL Hampton Inn
-
2,241
17,580
-
19,821
(41)
2000
Dec-08
3 - 39 yrs.
109
Hattiesburg .............. MS Residence Inn
-
911
9,162
-
10,073
(29)
2008
Dec-08
3 - 39 yrs.
84
Charlotte .................. NC Homewood Suites
-
1,071
4,925
34
6,030
(75)
1990
Sep-08
3 - 39 yrs.
112
Durham ................... NC Homewood Suites
-
1,236
18,327
-
19,563
(43)
1999
Dec-08
3 - 39 yrs.
122
Twinsburg ................ OH Hilton Garden Inn
-
1,424
16,606
-
18,030
(132)
1999
Oct-08
3 - 39 yrs.
142
Pittsburgh ................ PA Hampton Inn
-
2,510
18,539
-
21,049
(44)
1990
Dec-08
3 - 39 yrs.
132
Jackson .................... TN Courtyard
-
990
14,645
-
15,635
(43)
2008
Dec-08
3 - 39 yrs.
94
Jackson .................... TN Hampton Inn & Suites
-
695
12,270
-
12,965
(34)
2007
Dec-08
3 - 39 yrs.
83
Allen ........................ TX Hampton Inn & Suites
-
1,449
11,448
-
12,897
(141)
2006
Sep-08
3 - 39 yrs.
103
Lewisville ................ TX Hilton Garden Inn
-
3,372
23,906
-
27,278
(229)
2007
Oct-08
3 - 39 yrs.
165
Duncanville ............. TX Hilton Garden Inn
13,937
2,396
15,974
3
18,373
(162)
2005
Oct-08
3 - 39 yrs.
142
Beaumont ................ TX Residence Inn
-
1,181
16,169
-
17,350
(149)
2008
Oct-08
3 - 39 yrs.
133
Allen ........................ TX Hilton Garden Inn
10,759
2,097
16,428
-
18,525
(132)
2002
Oct-08
3 - 39 yrs.
150
Frisco ...................... TX Hilton Garden Inn
-
2,518
12,964
-
15,482
(40)
2008
Dec-08
3 - 39 yrs.
102
Bristol ...................... VA Courtyard
9,757
1,729
19,153
2
20,884
(102)
2004
Nov-08
3 - 39 yrs.
175
$ 34,453
$ 38,549
$ 310,111
$ 40
$ 348,700
$ (2,277)
2,478
Initial Cost
SubsequentlyCapitalized