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Hotel-Motel

Fairfield Inn & Suites Shalimar

1280 Eglin Pkwy, Shalimar, FL 32579

Listing Price: $11,750,000

Cap Rate
8.17%
Number of Rooms
92
RevPAR
$98
Gross SF
1
Price/Room
$127,717
RRM
3.56
Price/Gross SF
$11,750,000.00
Year Built
2006

Investment Overview

Marcus & Millichap is pleased to present the fee simple interest in the 92-room, 4-story Fairfield Inn & Suites Fort Walton Beach-Eglin AFB. As the closest hotel to Eglin Air Force Base and located near Hurlburt Field, this property benefits from a consistent demand from military personnel, contractors, and visiting families. Recently undergoing an extensive renovation, the hotel provides an updated and modern experience for
guests. In addition to its military clientele, the property attracts leisure travelers with its proximity to the beautiful beaches of the Emerald Coast and the vibrant Fort Walton Beach area. This investment offers significant revenue growth potential in a high-demand market with strong Per Diem rates.

Investment Highlights

  • Positioned as the closest hotel to Eglin Air Force Base and near Hurlburt Field, ensuring a steady flow of military personnel, contractors, and visiting families.
  • The property benefits from high Per Diem rates in the area and attracts a diverse mix of military, corporate, and leisure guests, driving strong occupancy and revenue growth.
  • A short drive from the scenic beaches of Destin and Fort Walton Beach, appealing to leisure travelers seeking a beachside escape along with steady military-related business.

Exclusively Listed By

Hotel-Motel

Fairfield Inn & Suites Shalimar

Listing Price: $11,750,000

Cap Rate
8.17%
Number of Rooms
92
RevPAR
$98
Gross SF
1
Price/Room
$127,717
RRM
3.56
Price/Gross SF
$11,750,000.00
Year Built
2006

Investment Highlights

  • Positioned as the closest hotel to Eglin Air Force Base and near Hurlburt Field, ensuring a steady flow of military personnel, contractors, and visiting families.
  • The property benefits from high Per Diem rates in the area and attracts a diverse mix of military, corporate, and leisure guests, driving strong occupancy and revenue growth.
  • A short drive from the scenic beaches of Destin and Fort Walton Beach, appealing to leisure travelers seeking a beachside escape along with steady military-related business.

Investment Overview

Marcus & Millichap is pleased to present the fee simple interest in the 92-room, 4-story Fairfield Inn & Suites Fort Walton Beach-Eglin AFB. As the closest hotel to Eglin Air Force Base and located near Hurlburt Field, this property benefits from a consistent demand from military personnel, contractors, and visiting families. Recently undergoing an extensive renovation, the hotel provides an updated and modern experience for guests. In addition to its military clientele, the property attracts leisure travelers with its proximity to the beautiful beaches of the Emerald Coast and the vibrant Fort Walton Beach area. This investment offers significant revenue growth potential in a high-demand market with strong Per Diem rates.

Exclusively Listed By

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