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Property Detail

522 Mary Esther Cut Off NW, Fort Walton Beach, FL 32547, USA
Recently converted to a Fairfield by Marriott

$Unpriced

Description

INVESTMENT HIGHLIGHTS

  • Prime Location: Conveniently located near Hurlburt Field and Eglin Air Force Base, ensuring a steady flow of military clientele.
  •  
  • Brand Affiliation: 20-year license agreement with Marriott, providing a strong brand presence and increased marketability.
  • Revenue: Generates substantial income from military and leisure travelers, benefiting from Fort Walton Beach's high Per Diem rates.
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  • Renovation: Recently converted to a Fairfield by Marriott, minimizing further investment needs.

EXECUTIVE SUMMARY

David Altman with Marcus & Millichap has been exclusively retained to offer for sale the fee simple interest in the 74-room Fairfield Inn & Suites by Marriott in Fort Walton Beach, FL. The hotel is strategically located two miles from Hurlburt Field (Air Force Base) and eight miles from Eglin Air Force Base, ensuring a steady flow of military clientele. The property recently completed a conversion from a Holiday Inn Express to a Fairfield and boasts a 20-year license agreement with Marriott. The location and brand will continue to benefit from the area's high Per Diem rates, making it a lucrative option for investors. Additionally, its proximity to the beach, only five miles away, adds to its appeal for leisure travelers. With a recent complete renovation and minimal hange of Ownership PIP expected, this turnkey investment promises strong revenue streams and growth potential.
 

AMENITIES

  • Business Center
  • Fitness Center
  • Pool
  • High Speed Internet Access
  • Patio
  • Public Access Wifi
  • Smoke-Free

ROOM MIX INFORMATION

DESCRIPTIONNO. ROOMSDAILY RATESF
Suite15$209.00-
Guest Room59$174.00

 

PROPERTY TAXES

 

David Altman

+1 954-245-3426

Specification

General

  • 42278
  • 1.7100
  • Investment
  • 003900 (Hotels and Motels)
  • 2014
  • 2024
  • 74

Hospitality

Fairfield Inn & Suites Fort Walton Beach

# 369

SKU: 369

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