| Fee simple interest in the 83-room Fairfield Inn & Suites Muskegon, an institutionally owned and third-party managed limited service Marriott brand. |
| This asset can be purchased alone or in combination with the nearby 81-room Hampton Inn Muskegon, also for sale in another Ten-X auction. |
| The asset is readily financeable with strong in-place yield and +$105 RevPAR. |
| Opportunity to purchase both assets and capitalize on strong operating synergies and economies of scale in owning two premium branded hotels. |
| Offered unencumbered by debt and management with the ability to relicense with Marriott under new long-term franchise agreements. |
| Significant operational upside upon completion of PIP and transfer to regional ownership with stronger operating economies. |
