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920 Executive Way
Asheboro, NC 27203

Price Upon Request

Hotel For Sale  •  45,273 SF

Property Details

  • Property Type Hotel
  • Total Building Size 45,273 SF
  • Lot Size 2.66 AC
  • Building Class B
  • Year Built 2009
  • Zoning CB2A
0 Transit Score
41 Walk Score

Highlights

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

Amenities

  • Business Center
  • Fitness Center
  • Pool
  • High Speed Internet Access
  • Meeting Event Space
  • Public Access Wifi
  • Smoke-Free

Public Transportation

AirportDriveWalkDistance
Piedmont Triad International 49 min - 36.5 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 73
Type: Surface
Included in Rent: Yes