920 Executive Way | Asheboro, NC 27203
This feature is unavailable at the moment.
We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.
Please check back in a few minutes. We apologize for the inconvenience.
- LoopNet Team
920 Executive Way
Asheboro, NC 27203
Fairfield Inn & Suites Asheboro · Hospitality Property For Sale · 45,273 SF
Investment Highlights
- Auction Site: https://rimarketplace.com/auction/2060/reit-sale-fairfield-inn-suites-asheboro-nc?utm_source=costar
- Attainable Growth: The hotel is well-positioned to capture market demand and achieve growth within the midscale and upper midscale segments.
- With no new competitive hotels currently under construction or in final planning stage in the submarket there is a low risk of supply saturation
- Brand Recognition: As part of the Marriott family of hotels the Fairfield Inn & Suites benefits from being part of the world’s largest hotel company
- The Hotel is being sold w/o a management company in place providing a new owner operational control and the flexibility to use a management company
- By implementing efficient operational practices, such as streamlining processes, optimizing staffing levels, and leveraging technology, the hotel can
PROPERTY FACTS
| Property Type | Hospitality | No. Stories | 3 |
| Property Subtype | Hotel | Year Built/Renovated | 2009/2014 |
| Building Class | B | Parking Ratio | 1.78/1,000 SF |
| Lot Size | 2.66 AC | Corridor | Interior |
| Building Size | 45,273 SF |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | B |
| Lot Size | 2.66 AC |
| Building Size | 45,273 SF |
| No. Stories | 3 |
| Year Built/Renovated | 2009/2014 |
| Parking Ratio | 1.78/1,000 SF |
| Corridor | Interior |
Amenities
- Business Center
- Fitness Center
- Pool
- Meeting Event Space
PROPERTY TAXES
| Parcel Number | 7760-39-9162 | Improvements Assessment | $4,553,960 |
| Land Assessment | $1,246,500 | Total Assessment | $5,800,460 |
PROPERTY TAXES
Parcel Number
7760-39-9162
Land Assessment
$1,246,500
Improvements Assessment
$4,553,960
Total Assessment
$5,800,460
zoning
| Zoning Code | CB2A (General Commercial) |
| CB2A (General Commercial) |
Learn More About Investing in Hospitality Properties
1 of 1
VIDEOS
3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
