Fairfield Inn & Suites Savannah/Richmond Hill
4620 US-17, Richmond Hill, GA 31324
$9,950,000
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Franchise
Marriott
Room Count
77
Year Built
2019
Lot Size
1.82 Acres
Key Highlights
Fee simple interest in the 77-unit Fairfield Inn & Suites by Marriott located in the Savannah/Richmond Hill submarket and built in 2019
Historical revenues achieved nearly $2,300,000 | T-12 revenue through July 2024 achieved nearly $2,500,000
Ownership recently spent nearly $250,000 in renovations including a brand-new roof between 2023-2024 | The 7-year soft goods re-fresh is not due until 2026
Strong upside potential as the Fairfield currently ranks 5th in their CompSet for T-12 RevPAR
The Hyundai Mobis manufacturing facility along with the LG battery plant mega-site is expected to add $8.5 Billion in tax revenue for Bryan County, more than six times higher the county’s 2022 tax base | The mega site is expected to employ over 26,000 people by 2026
Belfast Commerce Park (5.9 miles) | +1,040-acre industrial park conveniently situated off Interstate-95 with direct rail access to the Port of Savannah
Contact an Agent
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Joe Simpson
Senior Associate
Charleston, SC
SC-114774 NC-302920 GA-433937
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Jack Davis
Sr Vice President
Charleston, SC
SC-92795 NC-LC896
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Joce Messinger
First Vice President
Charleston, SC
SC-80481 NC-LC810 GA-375018
John Leonard
Georgia Broker of Record
Atlanta, GA
1100 Abernathy Rd., N.E. Bldg. 500, Ste. 600 Atlanta, GA 30328
GA-252904
Marcus & Millichap Real Estate Investment Services of Atlanta, Inc., a Georgia Corporation