Office Space For Sale @ 309 W Heritage Dr
309 W Heritage Dr, Tyler, TX 75703
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Salman T.
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The Fairfield Inn & Suites is in Tyler, Texas; specifically, Tyler South. The hotel is brand new and just opened in the beginning of November 2018. The new property is for sale for $9.5 million at an estimated Cap Rate of 9.5%. Fairfield Inn and Suites is offered at Fee Simple basis for below replacement cost of $108,000 per room.
Although the hotel just opened at the end of 2018, it already has amazing reviews and is ramping up in its revenues. The hotel has 88 smoke-free rooms arranged across 4 floors and an overall square footage of 47,955 SF.
The property is in an ideal location since it is located right off one of the major roads in the area, US-69. It is also very close to Texas State Highway 49, which provides easy access around Tyler. The property is only 6 miles away from downtown Tyler where there are many attractions and entertainment and dining options. Additionally, guests staying at the hotel will find conveniences of restaurants right by the hotel, as well as a movie theater, Walmart, Target, and the Village at Cumberland Park (numerous shopping and dining options.)
The Fairfield Inn & Suites has many accommodations that they offer. Guests are drawn to stay at the Fairfield Inn because of the discounts that Marriott offers. Marriott offers senior discounts, corporate discounts for business travelers, and discounts for government employees, as well as military discounts. Guests will enjoy the hotel's amenities such as a free, full breakfast, free self-parking, business center, 24-hour fitness center, 24-hour front desk, free WiFi, and a corner market/convenient store. There is also an outdoor saltwater pool onsite. Guests will love this new hotel and the sleek, modern design scheme. This space offers accomodations for: select service.
Pricing: Contact for Pricing
Availability: Now
Listing ID: 2694436