Hotel-Motel
Fairfield Inn & Suites Midland
506 Buttles St E, Midland, MI 48640
Listing Price: $9,825,000
Investment Overview
Marcus & Millichap has been exclusively retained to offer for sale the fee simple interest in the 77-room Fairfield Inn & Suites located in Midland, Michigan. The hotel is a three-story property that was built in 2019. Fairfield Inn & Suites Midland provides the opportunity for a new owner to acquire a select-service Marriott hotel with potential to realize significant RevPAR growth through hands-on management and utilization of the Marriott name, reservation system, and loyal base of guests.
Fairfield Inn & Suites Midland
Investment Highlights
- Marriott Brand Affiliation
- 2019 Construction
- Increasing NOI and NOI Margin Over the Last Three Years
- Positive-Trending RevPAR for Subject Property and Competitive Set
- Proximate to Dow Chemical Global Headquarters, XALT Energy, Dow Diamond, Midland Country Club, Northwood University, and More
Listing Price: $9,825,000
Investment Highlights
- Marriott Brand Affiliation
- 2019 Construction
- Increasing NOI and NOI Margin Over the Last Three Years
- Positive-Trending RevPAR for Subject Property and Competitive Set
- Proximate to Dow Chemical Global Headquarters, XALT Energy, Dow Diamond, Midland Country Club, Northwood University, and More
Investment Overview
Marcus & Millichap has been exclusively retained to offer for sale the fee simple interest in the 77-room Fairfield Inn & Suites located in Midland, Michigan. The hotel is a three-story property that was built in 2019. Fairfield Inn & Suites Midland provides the opportunity for a new owner to acquire a select-service Marriott hotel with potential to realize significant RevPAR growth through hands-on management and utilization of the Marriott name, reservation system, and loyal base of guests.
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