New Development Fairfield Inn
 
9302 N 30th St Tampa FL 33612
$17,500,000
List Price
11.11 %
Cap Rate
94
Total Rooms
$1,944,000
NOI
Investment Consideration
  • Mazili Hotel Group is pleased to offer the opportunity to acquire the new under development Fairfield Inn & Suites by Marriott in Turn Key condition. The hotel is under conustruction and is slated to open in 4th quarter of 2023. The asset is located in across Busch Gardens in the most busiest tourist attractions market in the Tampa bay area. The hotel is Surrounded by new restaurants and bars, the property is positioned in a vibrant area that also consists of many entertainment and attraction venues such as the Imax Theater, Adventure Island and of course Busch Gardens. Only a miles from the hotel, guests have access to the sports grounds at USF, one of the largest universities in Florida, the Moffit Cancer Center, and St Joseph Hospital. The property is just 15 miles from Tampa International Airport.
  • Investment Highlights High-profile submarket within the Tampa Metro area Diversity of demand generators and excellent off-property amenities Marriott brand affiliation with no other marriott brand within a 5 mile radius. Material value-add component Easy access toI 275 and I 75 Across from Busch Gardens walking distance to USF adn IMAX theater
Property Overview
  • Guest Rooms The Fairfield Inn by Marriott contains standard rooms and large suites which feature separate bedrooms and living areas, and the convenient wet bar with microwave and mini-fridge provides the perfect snack station.
  • Dining The Fairfield Inn & Suites offers free continental breakfast to its guests. there is no onsite restaurant, however there are a multitude of choices when it comes to dining. American and international food are just a walking distance from the hotel. there are a few chain restaurants and fast food within walking distance. Additional Amenities The hotel offers 24 access to the fitness center, as well as the business center which is located on the main floor. in addition, there's an outdoor pool for guests' convenience, and a meeting room.
  • Franchise License The franchise license is considered an exceptionally valuable asset of the Fairfield Inn & Suites Hotel. It provides a high level of traveler allegiance and recognition, an excellent computerized reservation system, and Marriott’s popular Marriott Bonvoy Rewards program where guests earn free lodging. A new buyer will have the opportunity to obtain the original license agreement
Property Location
  • Excellent Location The Fairfield Inn & Suites is located across Busch Gardens in the most busiest tourist attractions market in the Tampa bay area. The hotel is Surrounded by new restaurants and bars, the property is positioned in a vibrant area that also consists of many entertainment and attraction venues such as the Imax Theater, Adventure Island and of course Busch Gardens. Only a miles from the hotel, guests have access to the sports grounds at USF, one of the largest universities in Florida, the Moffit Cancer Center, and St Joseph Hospital. Nearby parks and golf courses give visitors many choices for outdoor recreation. The property is just 10 miles from Tampa International Airport.
  • Busch Gardens Tampa Bay Busch Gardens Tampa Bay is a 335-acre African-themed animal theme park located in Tampa, Florida. Owned and operated by SeaWorld Parks & Entertainment, the park has an annual attendance consistently exceeding 4 million, often ranking second among SeaWorld parks behind SeaWorld Orlando. USF is situated in the vibrant and diverse Tampa Bay region, with campuses in Tampa, St. Petersburg and Sarasota-Manatee. Together our campuses comprise more than 1,600 acres and nearly 12 million square feet of building space, with areas boasting coastal, bayfront and riverfront views. H. Lee Moffitt Cancer Center and Research Institute in Tampa, FL is nationally ranked in 1 adult specialty specialty and rated high performing in 2 adult specialties and 2 procedures and conditions. It is a cancer facility.
FOR MORE DETAILS CONTACT
Julian Mazili
President
(813) 299-7045
jmazili@mazilihotelgroup.com
Michael Cherry
Managing Director
(562) 842-6553
mcherry@mazilihotelgroup.com