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.