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Hotel-Motel

Fairfield Inn & Suites Fort Walton Beach

522 Mary Esther Cut Off NW, Fort Walton Beach, FL 32547

Listing Price: Request For Offer

Number of Rooms
74
RevPAR
$118
Year Built
2014

Investment Overview

Marcus & Millichap has been exclusively retained to offer for sale the fee simple interest in the 74-room Fairfield Inn & Suites by Marriott in Fort Walton Beach, FL. The hotel is strategically located two miles from Hurlburt Field (Air Force Base) and eight miles from Eglin Air Force Base, ensuring a steady flow of military clientele. The property recently completed a conversion from a Holiday Inn Express to a Fairfield and boasts a 20-year license agreement with Marriott. The location and brand will continue to benefit from the area's high Per Diem rates, making it a lucrative option for investors. Additionally, its proximity to the beach, only five miles away, adds to its appeal for leisure travelers. With a recent complete renovation and minimal hange of Ownership PIP expected, this turnkey investment promises strong revenue streams and growth potential.

Investment Highlights

  • Prime Location: Conveniently located near Hurlburt Field and Eglin Air Force Base, ensuring a steady flow of military clientele.
  • Revenue: Generates substantial income from military and leisure travelers, benefiting from Fort Walton Beach's high Per Diem rates.
  • Brand Affiliation: 20-year license agreement with Marriott, providing a strong brand presence and increased marketability.
  • Renovation: Recently converted to a Fairfield by Marriott, minimizing further investment needs.

Exclusively Listed By

  • David J. Altman

    First Vice President Investments

    (954) 245-3426

    Email David

    License(s): FL: SL3256051, AL: 000144449 - 0

    Fort Lauderdale

Hotel-Motel

Fairfield Inn & Suites Fort Walton Beach

Listing Price: Request For Offer

Number of Rooms
74
RevPAR
$118
Year Built
2014

Investment Highlights

  • Prime Location: Conveniently located near Hurlburt Field and Eglin Air Force Base, ensuring a steady flow of military clientele.
  • Revenue: Generates substantial income from military and leisure travelers, benefiting from Fort Walton Beach's high Per Diem rates.
  • Brand Affiliation: 20-year license agreement with Marriott, providing a strong brand presence and increased marketability.
  • Renovation: Recently converted to a Fairfield by Marriott, minimizing further investment needs.

Investment Overview

Marcus & Millichap has been exclusively retained to offer for sale the fee simple interest in the 74-room Fairfield Inn & Suites by Marriott in Fort Walton Beach, FL. The hotel is strategically located two miles from Hurlburt Field (Air Force Base) and eight miles from Eglin Air Force Base, ensuring a steady flow of military clientele. The property recently completed a conversion from a Holiday Inn Express to a Fairfield and boasts a 20-year license agreement with Marriott. The location and brand will continue to benefit from the area's high Per Diem rates, making it a lucrative option for investors. Additionally, its proximity to the beach, only five miles away, adds to its appeal for leisure travelers. With a recent complete renovation and minimal hange of Ownership PIP expected, this turnkey investment promises strong revenue streams and growth potential.

Exclusively Listed By

  • David J. Altman

    First Vice President Investments

    (954) 245-3426

    Email David

    License(s): FL: SL3256051, AL: 000144449 - 0

    Fort Lauderdale

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