FAIRFIELD INN UCF ORLANDO EAST

INVESTMENT OVERVIEW

Hunter Havericak Hotel Group of Marcus & Millichap has been exclusively retained to offer for sale the fee simple interest in the 112-room Fairfield Inn & Suites located in Orlando, Florida. The hotel is situated in close proximity to the University of Central Florida and other major demand drivers that have made Orlando one of the most desirable hospitality markets. The building is a 5-story concrete block and plank structure that opened in 2016. Fairfield Inn & Suites Orlando UCF provides opportunity for a new owner to acquire a 100-plus room Marriott-branded hotel built within the last six years in a vibrant sub-market supported by diverse business drivers within one of the fastest growing cities in the nation.

INVESTMENT HIGHLIGHTS

• University of Central Florida (UCF) is the 2nd Largest University in the Country
• UCF Grew Nearly 8% per Year Pre-COVID-19 as National College Enrollment Declined
• UCF is Joining the Big 12 Conference, an Economic Windfall for the University
• Orlando Recognized as the #4 College City by US News World Report (2022); +/- 500k College Students in Orlando Area
• Orlando Expected to Rival Silicon Valley as a Hub for Tech, Defense, and Finance
• Positive Trending ADR, Pre-COVID-19
• Historical NOI Margin Well in Excess of 40%, Despite Being Third-Party Managed
• Running 3-Month STR Metrics Show a Strong Recovery from COVID-19
• Proximity to Major Demand Generators Including: University of Central Florida, Siemens Energy, Lockheed Martin, AdventHealth Orlando, Orlando International Premium Outlets, Lake Nona, and the Orlando Amusement Parks including Walt Disney World Resort, Universal Studios, SeaWorld Orlando, and More