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Hotel-Motel

Fairfield Inn & Suites Savannah SW/Richmond Hill

4620 US-17, Richmond Hill, GA 31324

Listing Price: $10,350,000

Cap Rate
7.70%
Number of Rooms
77
RevPAR
$93
Price/Room
$134,416
RRM
4.29
Year Built
2019

Investment Overview

Marcus & Millichap is pleased to offer the fee simple interest in the Fairfield Inn & Suites Savannah SW/Richmond Hill located in Richmond Hill, Georgia. Richmond hill is part of Bryan County which is included in the Savannah MSA. The interior corridor property spans three floors with 77 well-appointment guest rooms and suites featuring amenities such as an indoor swimming pool and meeting room. Richmond Hill has gained increasing popularity amongst large-scale manufacturing and distribution businesses given its ideal proximity to the railways, I-95, and the Port of Savannah. The opening of Belfast Commerce Park, a large-scale industrial park in Richmond Hill, has brought thousands of jobs to the area thus drawing residential and commercial developers to capitalize on the area’s projected growth. Tourism and military still play a vital role in the area’s economy.

Investment Highlights

  • Fee simple interest in the 77-unit Fairfield inn & Suites Savannah SW/Richmond Hill located in Richmond Hill, Georgia
  • Bryan County was recognized as one of the fastest growing counties in the United States with a 25% growth prediction in 2020-2030
  • Part of the Coastal Georgia region, known for its historic landmarks, charm, and outdoor activities such as fishing, boating, birdwatching, and more
  • Approximately 20 minutes south of Savannah, which experienced 17 million visitors in 2022, consistently ranked as a top tourist destination
  • Belfast Commerce Park (5.5 miles), +/- 1,040 acre industrial park for large-scale industrial projects | FedEx Ground, Hyundai Mobis, Medline
  • Hyundai Mobis invested $7.6 billion to build their Electric Vehicle manufacturing plant, single largest invest in Richmond County less than 6 miles from subject property at Belfast Commerce Park, expected to be completed in 2025 and projected to invest over $936 billion into the economy

Exclusively Listed By

Broker of Record

  • John M. Leonard

    First Vice President/Regional Manager

    (678) 808-2700

    License(s) GA: 252904

    Georgia

Financing By

Hotel-Motel

Fairfield Inn & Suites Savannah SW/Richmond Hill

Listing Price: $10,350,000

Cap Rate
7.70%
Number of Rooms
77
RevPAR
$93
Price/Room
$134,416
RRM
4.29
Year Built
2019

Investment Highlights

  • Fee simple interest in the 77-unit Fairfield inn & Suites Savannah SW/Richmond Hill located in Richmond Hill, Georgia
  • Bryan County was recognized as one of the fastest growing counties in the United States with a 25% growth prediction in 2020-2030
  • Part of the Coastal Georgia region, known for its historic landmarks, charm, and outdoor activities such as fishing, boating, birdwatching, and more
  • Approximately 20 minutes south of Savannah, which experienced 17 million visitors in 2022, consistently ranked as a top tourist destination
  • Belfast Commerce Park (5.5 miles), +/- 1,040 acre industrial park for large-scale industrial projects | FedEx Ground, Hyundai Mobis, Medline
  • Hyundai Mobis invested $7.6 billion to build their Electric Vehicle manufacturing plant, single largest invest in Richmond County less than 6 miles from subject property at Belfast Commerce Park, expected to be completed in 2025 and projected to invest over $936 billion into the economy

Investment Overview

Marcus & Millichap is pleased to offer the fee simple interest in the Fairfield Inn & Suites Savannah SW/Richmond Hill located in Richmond Hill, Georgia. Richmond hill is part of Bryan County which is included in the Savannah MSA. The interior corridor property spans three floors with 77 well-appointment guest rooms and suites featuring amenities such as an indoor swimming pool and meeting room. Richmond Hill has gained increasing popularity amongst large-scale manufacturing and distribution businesses given its ideal proximity to the railways, I-95, and the Port of Savannah. The opening of Belfast Commerce Park, a large-scale industrial park in Richmond Hill, has brought thousands of jobs to the area thus drawing residential and commercial developers to capitalize on the area’s projected growth. Tourism and military still play a vital role in the area’s economy.

Exclusively Listed By

Broker of Record

  • John M. Leonard

    First Vice President/Regional Manager

    (678) 808-2700

    License(s): GA: 252904

    Georgia

Financing By

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