Western Hotel Brokers, as sole exclusive agent, offers for sale the Fairfield Inn & Suites by Marriott Visalia Tulare. Located on the 99 and a short distance from Tulare Outlets, the International Agri-Center, and Tulare County Fairgrounds, this hotel is in the ideal location. The hotel boasts 79 keys, an outdoor pool, fitness center, business center, meeting space, and laundry facilities. Complimentary breakfast is another amenity for guests to enjoy.
55 years long-term ground lease with first right of refusal to purchase. 3 acres of developable commercial land are included in the existing leasehold. Leasing offers the buyer significant tax advantages.
In 2022, the property won Marriott’s Silver Circle Award. The award is given to hotels that are in the top 20% of overall guest satisfaction ratings.
Marriott is approved to build a new 100 room TownePlace Suites, Residence Inn, or SpringHill Suites on the extra 3 acres.
Viewing by appointment only with Broker. Do not disturb management.
ROOM MIX INFORMATION
| DESCRIPTION | NO. ROOMS | DAILY RATE | SF |
|---|
| Suite | 30 | $129.00 | - |
| Guest Room | 49 | $114.00 |
PROPERTY TAXES
| Parcel Number | 170-380-011-000 | Improvements Assessment | $5,302,306 |
| Land Assessment | $2,023,245 | Total Assessment | $7,325,551 |
Eric Gignoux
+1 805-807-1782
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