- Fee simple interest in the 108-unit, Courtyard by Mariott Fayetteville, located in North Carolina
- Conveniently located near I-295 and All American Freeway, a major thruway in Fayetteville | Close proximity to all demand generators
- Fort Bragg Army Base, 4.5 miles away, is a 160,000+ acre Army base | Recently received a $84.5MM+ defense budget to aid in development of training facilites, education, housing & more
- Medical Centers | Cape Fear Valley Medical Center (3.5 miles) & VA Medical Center-Fayetteville (6.5 miles)
- Military base markets, like Fayetteville, are highly saturated with restaurants, entertainment attractions, and retail | Provides visitors and residents withplenty of activities
Marcus & Millichap is pleased to offer for sale a fee simple interest in the 108-unit, Courtyard by Marriott Fayetteville, located in North Carolina. The subjectproperty is ideally located on 3.05 acres of land and features 3 ﬂoors of well maintained guest rooms. Premium amenities at the hotel include outdoor seating area,on-site market, as well as a restaurant and full bar. Common area amenities available include a ﬁtness center, outdoor season swimming pool, business center withfax & photocopy machine, shared in-door lounge and TV area, as well as free on-site parking. Each guest room is equipped with a spacious layout, seating area,free Wi-Fi, desk with chair, and private bathroom with hairdryer and complimentary toiletries.
The Courtyard by Marriott is ideally located in Fayetteville off All American Freeway with close proximity to I-295 and all nearby demand generators. Fayettevilleis known for winning the prestigious All-America City Award from the National Civic League three times. It is currently the sixth largest municipality in NorthCarolina and as well as the home of Fort Bragg Military Base, which employs over 15,000 residents. The extensive army base has received an $84.5MM+ defensebudget to aid in the development of additional training facilities, equipment, education system for military personnel’s children, housing and much more in thisupcoming year. In addition to Fort Bragg, Fayetteville has multiple entertainment and historic attractions including golf courses, museums, parks, and restaurants.There are four colleges located in Fayetteville, NC. This property is located in a stable, military market, which continues to grow. Fayetteville is the county seat ofCumberland County, a part of the Coastal Plain region of North Carolina. When Congress passed the Base Realignment and Closure (BRAC) Act, it resulted inseveral new commands relocating to Fort Bragg.
These included the U.S. Army Forces Command and U.S. Army Reserve Command, both of which relocated from Fort McPherson in Atlanta. This brought morethan 30,000 people to the area with associated businesses and families. FORSCOM awards over $300 billion in contracts annually. Fort Bragg and Pope Field(formerly Pope Air Force Base) are next to the city of Fayetteville. Several U.S. Army Airborne units are also stationed at Fort Bragg, most prominently the XVIIIAirborne Corps HQ, the 82nd Airborne Division, and the United States Army Special Operations Command.