Investment Overview

Register to bid and access due diligence documents on RealInsight Marketplace: https://rimarketplace.com/auction/2839 As the exclusive representative of the seller, Marcus & Millichap's Hospitality Division is pleased to present for sale to qualified investors the Fairfield by Marriott Inn & Suites Lansing West (‘Hotel’ or ‘Property’) located in Lansing, Michigan. The Marriott International, Inc. - branded Hotel is offered on a "Request for Offer” basis. Please contact listing agent for more information. The Fairfield by Marriott Inn & Suites Lansing West is a three-story hotel with 62 rooms, located at 810 Delta Commerce Drive in Lansing, Michigan. With a RevPAR Index of 79 percent, the hotel presents untapped potential. Strategic revenue management and marketing could raise the index to 85–90 percent, increasing room revenue to $1.05–$1.25M and driving stronger returns for investors. The Lansing–East Lansing metropolitan area, the state capital region, serves as a stable Mid-Michigan hub supported by government, higher education, healthcare, and automotive manufacturing. Home to more than 470,000 residents and generating over $32 billion in annual GDP, the market benefits from a diverse and resilient economic base that underpins consistent lodging demand throughout the year. Higher education is one of the area’s strongest demand drivers. Michigan State University (MSU – 11.2 miles) in East Lansing enrolls approximately 52,000 students and attracts a steady stream of visitors for campus tours, athletic events, research conferences, and alumni gatherings. The university also hosts large-scale events at Spartan Stadium (10.2 miles) and the Breslin Center (9.7 miles), creating significant seasonal compression. Lansing Community College (6.1 miles) further contributes to visitation through workforce training programs and academic activity in the downtown area. The region is also anchored by major employers, including the State of Michigan and Ingham County courts, which drive government-related travel. General Motors operates two large assembly plants - Lansing Delta Township (4.4 miles) and Lansing Grand River (6.4 miles) - where continued investment and plans for electric vehicle production signal long-term manufacturing activity and supplier demand. Healthcare further strengthens the region’s demand profile. University of Michigan Health–Sparrow (7.1 miles) in downtown Lansing serves as a leading regional hospital, while McLaren Greater Lansing (11.7 miles) opened a state-of-the-art campus in 2022 near MSU. These systems, along with specialty care facilities, sustain year-round visitation from patients, families, medical professionals, and vendors. Lansing also attracts leisure and group travelers through its cultural, sports, and entertainment offerings. The Michigan State Capitol (6.1 miles), Impression 5 Science Center (6.8 miles), Potter Park Zoo (8.5 miles), Wharton Center for Performing Arts (11.8 miles), and Broad Art Museum (11.3 miles) draw a wide range of visitors. Sports and event tourism are bolstered by Minor League Baseball (Lansing Lugnuts) at Jackson Field (6.6 miles) and large venues such as the Lansing Center (8.0 miles) and MSU’s Kellogg Hotel & Conference Center (9.0 miles), which host conventions, trade shows, and academic gatherings that spill over into area hotels. Additionally, the property’s proximity to Lansing Mall (1.4 miles) and Hawk Meadow Park (3.1 miles) offers convenient access to retail, dining, and recreational amenities. Horrocks Farm Market (0.5 miles), a long-standing Lansing favorite known for fresh produce, specialty foods, and its popular beer garden, adds to the area’s local charm and visitor appeal. Transportation and trade infrastructure enhance the region’s accessibility and business appeal. Capital Region International Airport (LAN – 6.2 miles) provides commercial service and hosts Port Lansing, Mid-Michigan’s only U.S. Port of Entry and Foreign-Trade Zone, supporting manufacturing and life-science logistics. This connectivity aligns with the area’s industrial and research-based economy. Research and innovation also play a critical role in economic development. The Facility for Rare Isotope Beams (FRIB – 11.8 miles) at MSU, a U.S. Department of Energy user facility, attracts thousands of scientists and collaborators annually, generating recurring extended-stay demand and bolstering the area’s reputation as a global research destination.