FAIRFIELD INN ANN ARBOR

INVESTMENT OVERVIEW

Hunter Havericak Hotel Group of Marcus & Millichap has been exclusively retained to offer for sale the fee simple interest in the 109-room Fairfield Inn located in Ann Arbor, Michigan. The hotel is a four-story property built in 1989 located just off Interstate 94. Fairfield Inn Ann Arbor is currently in receivership and provides the opportunity for a new owner to acquire a core Marriott-branded hotel in a highly desirable college town with potential to realize significant RevPAR growth through stabilization of the business following a major PIP renovation, re-branding in the local market, permanent hands-on management and utilization of the Marriott name, reservation system, and loyal base of guests.

INVESTMENT HIGHLIGHTS

• The Hotel is Currently in Receivership
• Significant Upside to the Competitive Set Following Renovation and Stabilization of Ownership and Management
• Located in a Major College Town
• New 15-Year Marriott License Confirmed to be Available
• Strong Positive Competitive Set RevPAR Trend
• Located Less than Three Miles from University of Michigan Campus
• Proximate to Ann Arbor Research Park, Michigan Stadium, Hyundai America Technical Center, Toyota Motor North America R&D, Eastern Michigan University, and More