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Hotel-Motel

Fairfield Inn & Suites by Marriott Anderson Clemson

117 Interstate Blvd, Anderson, SC 29621

Listing Price: $7,000,000

Cap Rate
10.63%
Number of Rooms
78
RevPAR
$74
Gross SF
88,426
Price/Room
$89,744
Price/Gross SF
$79.16
Year Built
2001

Investment Overview

Marcus & Millichap has been exclusively retained to offer for sale the fee simple interest in the 78-room Fairfield Inn & Suites Anderson Clemson located in Anderson, South Carolina. The Fairfield Inn & Suites is a 3-story Generation-3 prototype built in 2001. It is positioned near Interstate 85, providing ease of access for commerce and tourism. Current ownership purchased in 2005 and has been committed to meticulous maintenance and the hotel has seen consistent performance. Fairfield Inn & Suites Anderson Clemson provides the opportunity for a new owner to acquire a hotel rapidly recovering from the COVID-19 pandemic below replacement cost with a historically consistent business in a dynamic and diverse market driven by a mix of corporate, leisure and SMERF demand segments.

Investment Highlights

  • Renovated to Marriott Standards in 2016/2017, Including IT and Guest Entertainment Standards and the Fitness Center Expansion
  • Change-of-Ownership PIP has been Ordered and will be Distributed Upon Receipt
  • The Sale is Subject to a Buyer Assuming the In-Place CMBS Loan or Covering the Costs of Defeasance

Exclusively Listed By

Broker of Record

  • Benjamin Yelm

    Regional Manager

    (843) 952-2300

    License(s) SC: 86628

    South Carolina

Hotel-Motel

Fairfield Inn & Suites by Marriott Anderson Clemson

Listing Price: $7,000,000

Cap Rate
10.63%
Number of Rooms
78
RevPAR
$74
Gross SF
88,426
Price/Room
$89,744
Price/Gross SF
$79.16
Year Built
2001

Investment Highlights

  • Renovated to Marriott Standards in 2016/2017, Including IT and Guest Entertainment Standards and the Fitness Center Expansion
  • Change-of-Ownership PIP has been Ordered and will be Distributed Upon Receipt
  • The Sale is Subject to a Buyer Assuming the In-Place CMBS Loan or Covering the Costs of Defeasance

Investment Overview

Marcus & Millichap has been exclusively retained to offer for sale the fee simple interest in the 78-room Fairfield Inn & Suites Anderson Clemson located in Anderson, South Carolina. The Fairfield Inn & Suites is a 3-story Generation-3 prototype built in 2001. It is positioned near Interstate 85, providing ease of access for commerce and tourism. Current ownership purchased in 2005 and has been committed to meticulous maintenance and the hotel has seen consistent performance. Fairfield Inn & Suites Anderson Clemson provides the opportunity for a new owner to acquire a hotel rapidly recovering from the COVID-19 pandemic below replacement cost with a historically consistent business in a dynamic and diverse market driven by a mix of corporate, leisure and SMERF demand segments.

Exclusively Listed By

Broker of Record

  • Benjamin Yelm

    Regional Manager

    (843) 952-2300

    License(s): SC: 86628

    South Carolina

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