Investment Overview

Marcus & Millichap has been chosen to exclusively market for sale the Fairfield Inn & Suites Selma Kingsburg, a three-story hotel located in Kingsburg, California. Renovated in 2019, the property consists of 86 interior corridor guest rooms, a heated outdoor pool & spa, fitness center, business center, complimentary breakfast buffet, The Market shop, and 276 square feet of meeting and event space. The Fairfield Inn & Suites Selma Kingsburg is located along State Highway 99 in Central California. It is surrounded by several wineries, with demand coming primarily from transients. Kingsburg is approximately 20 miles south of Fresno, which is a gateway to national parks and home to a university, zoo, festivals, and several other attractions. The Fairfield Inn & Suites Selma Kingsburg represents an opportunity to acquire a Marriott-franchised hotel in a stable market. Our pro forma analysis assumes the benefits of Property Improvement Plan (PIP) completion and continued modest growth, supported by the increasing population and demand growth in the Central California region.