Fairfield Inn and Suites by Marriott is an excellent Investment opportunity in a fast growing North Florida hotel market. Palm Coast is a sub market of the ever popular Daytona Beach
The hotel has strong in-place cash flow offered at a significant discount to replacement cost.
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.
The property will be delivered unencumbered of debt and management
Property Improvement Plan
Current ownership has been updating the hotel over the last few years. Upon change of ownership, it is anticipated that Marriott will require the new owner to complete a change of ownership PIP.
Property Overview
Guest Rooms
The Fairfield Inn by Marriott contains 60 Double Queen rooms and 48 large King 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.
Location
Fairfield Inn and Suites, Palm Coast is located off I-95 between Jacksonville and Daytona Beach. The property has excellent visibility off I-95. The hotel is also centrally located to Daytona Beach, Jacksonville, Historic St. Augustine, Flagler Beach, and Ormond Beach. The hotel is located close to 8 world class golf courses and some of Florida's nicest beaches.
Points of Interests
Palm Coast Real Estate, Advent Health Palm Coast,
Palm Coast Data,
FAA Training Center.
Daytona Beach-30 miles
