Hotel For Sale • 45,273 SF
| Auction Site: https://rimarketplace.com/auction/2060/reit-sale-fairfield-inn-suites-asheboro-nc?utm_source=costar |
| Brand Recognition: As part of the Marriott family of hotels the Fairfield Inn & Suites benefits from being part of the world’s largest hotel company |
| Attainable Growth: The hotel is well-positioned to capture market demand and achieve growth within the midscale and upper midscale segments. |
| The Hotel is being sold w/o a management company in place providing a new owner operational control and the flexibility to use a management company |
| With no new competitive hotels currently under construction or in final planning stage in the submarket there is a low risk of supply saturation |
| By implementing efficient operational practices, such as streamlining processes, optimizing staffing levels, and leveraging technology, the hotel can |
| Airport | Drive | Walk | Distance |
|---|---|---|---|
| Piedmont Triad International | 49 min | - | 36.5 mi |
| Parking Available: | Yes |
| Reserved: | No |
| Spaces Provided: | 73 |
| Type: | Surface |
| Included in Rent: | Yes |