Fairfield Inn


Price:
  $8,650,000   
$7,750,000

Address :
2815 Westside Drive NW
Cleveland, TN 37312


  •  Interstate 75 location
  •  Premium brand affiliation with Marriott
  •  Diverse base of demand generators
  •  Moderate renovations requirements expected
  •  WACKER-Charleston is planning a $200-million, phased expansion of its silicon plant north of Cleveland. The completed facility will employ 200 people.
  •  Contact Mumford Company for more details
  •  Sign Confidentiality Agreement HERE.
    View Map    View Aerial
  •  Easy Access to Interstate 75
  •  Primary lodging area for the Ocoee River Whitewater Olympic Course and Recreation Area
  •  Near Volkswagen North America Complex and Many Local Suppliers in Cleveland Area
  •  Close to Regional Demand Generators:
    •  Cleveland State Community College
    •  Lee University
    •  Tri-State University
    •  M&M Mars Factory
    •  Wacker Chemie Complex
  •  82 Rooms
  •  4 Stories, Interior Corridor
  •  Wood Frame Construction
  •  EIFS Façade
  •  Pitched, Shingle Roof
  •  Asphalt Parking Lot
  •  Marketplace
  •  Business Center
  •  Fitness Room
  •  Indoor Pool
  •  Guest Laundry
  •  Meeting Room(874 Square Feet)
  •  Built in 2008
Thank you for your interest in this Mumford Company Listing. In order to review the financial and operating performance of this property, please complete the required fields below. If you are a real estate broker, please click here and you will be directed to our co-brokerage registration form.




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Financials
2019
2020
2021
T-12Mos 10/22
Occupancy
61.43%
41.33%
59.33%
57.5%
Average Daily Rate
$100.79
$89.53
$101.50
$109.11
Room Revenue
$1,853,073
$1,110,551
$1,802,436
$1,879,053
Net Operating Income
$526,280
$197,730
$599,848
$528,642
This is a confidential offering intended for the recipient's use in determining the advisability of negotiating for purchase. Do NOT Contact the Property Directly! All Showings by Appointment Only!