Fairfield Inn & Suites * $1,387,656 Revenue * Strong, Rising Occupancy * Motivated Seller
Kentucky, United States
$3750000
Sale conditions: Market
Snapshot
Active| Type: | Hotel |
|---|---|
| Sub Type: | Limited Service |
| Chain / Market Scale: | Midscale |
| Brand: | Fairfield Inn |
|---|---|
| Corridor: | Interior |
| No. of Keys: | 62 |
| Site Size: | 2.2 AC |
Fairfield Inn by Marriott with strong and rising occupancy and $1.38M in annual revenues. Property has a motivated seller and is placed well below replacement cost.
Price: $3,750,000
Price per Room: $60,483.87
Revenue: $1,387,656
Revenue Multiplier: 2.7
Occupancy: 66.9%
ADR: $91.65
RevPAR: $61.31
Highlights:
Login to viewGeneral Property Information
| Property Name: | Login to view |
|---|
| Property Type: | Hotel |
|---|
| Property Sub Type: | Limited Service |
|---|
| Chain / Market Scale: | Midscale |
|---|
| Brand: | Fairfield Inn |
|---|
| Corridor: | Interior |
|---|
| Keys: | 62 |
|---|
| Room SF: | 288 |
|---|
| Building Status: | Existing |
|---|
| No. of buildings: | 1 |
|---|
| Stories: | 3 |
|---|
| Building size(SF): | 22856 |
|---|
| Site size: | 2.2 AC |
|---|
| Sprinklers: | Wet |
|---|
| Parking Type: | Surface |
|---|
| Parking Spaces: | 65 |
|---|
| Construction Type: | Wood Frame |
|---|
| Year Build: | 2001 |
|---|
Room Inventory Description:
Address: 227 Paint Lick Rd, Berea, KY 40403
Units: 62
Buildings & Stories: 1 Building, 3 Stories
Corridors: Interior
Year Built: 2001
Land Area: 2.2 acres
Construction: Wood frame
Heating & Cooling: Individual PTAC units
Roof: Pitched, Shingled
Franchise: Marriott
Parcel Number(s): #B01A00020002 (Madison)
Offered in conjunction with Huff, Niehaus & Associates
Common area amenities:
Breakfast Area
Exercise Room
Indoor Pool
Source of Business:
Group
Leisure
Commercial
Additional Links:
Login to viewLocation
| Country: | United States |
|---|
| City: | Login to view |
|---|
| State: | Kentucky |
|---|
| Postal Code: | Login to view |
|---|
| APN/Parcel ID: | Login to view |
|---|
| Location Type: | Login to view |
|---|
Location Overview:
Brokers
Errol Anthony D'Souza, CHB
President, Principal Broker
Laurel Real Estate Company
JOIN HOTEL BROKERS INTERNATIONAL
Brokers
Becoming a member of Hotel Brokers International will provide opportunities to further your brokerage career.
Learn More
Affiliate Membership
Hotel Brokers International’s affiliate program positions hospitality service providers in the center of the largest, most comprehensive brokerage network in the industry.
Learn More
CHB
The industry’s only certification in hotel brokerage, designed to distinguish those who have advanced their professionalism and competence in hotel brokerage.
Learn More