OFFERING OVERVIEW:
Offered for sale is a 62-room, three-story hotel strategically positioned along one of Dothan, Alabama’s primary commercial corridors, with convenient access to U.S. Highways 231, 431, and 84. The property currently operates as the Fairfield Inn Dothan under a Marriott franchise agreement expiring in 2028. Continuation of the Fairfield Inn flag is not anticipated, and the property will require rebranding upon expiration of the existing franchise term. The subject property is approximately 1.4 miles from Westgate Park, 4.8 miles from Southeast Health, 6.4 miles from the National Peanut Festival Fairgrounds, 7.3 miles from Dothan Regional Airport, and approximately 26.3 miles from the Fort Novosel Ozark Gate. The hotel’s central location provides access to a diversified mix of military, healthcare, corporate, sports, and leisure demand. This opportunity is well-suited for owner-operators seeking the flexibility to select from multiple brand options.
PROPERTY OVERVIEW:
The subject property remains in good condition, supported by recent renovations and an ongoing capital improvement plan. The current Fairfield Inn franchise agreement is set to expire in 2028, after which the property will require a rebrand. Any renovation costs will be determined by the new brand selected. *Actual renovation requirements must be verified directly with the applicable franchisor, as they are determined solely at the franchisor’s discretion and may vary in both scope and cost. This includes, without limitation, any franchisor requirements related to a change of ownership or rebrand. The Recipient is solely responsible for independently verifying all such matters.
MARKET OVERVIEW:
The Fairfield Inn Dothan is situated within the Dothan Metropolitan Statistical Area in Houston County and serves as a commercial, healthcare, retail, and transportation hub for the greater Wiregrass region of Southeast Alabama, Southwest Georgia, and the Florida Panhandle. Dothan benefits from its role as a regional employment and service center. Major hospitality demand generators include Southeast Health, one of the region’s largest employers; Flowers Hospital; Southern Nuclear’s Joseph M. Farley Nuclear Plant; Fort Novosel, home of the U.S. Army Aviation Center of Excellence; Dothan Regional Airport; and the National Peanut Festival. The market also benefits from sports and leisure demand generated by Westgate Park, James Oates Park, the Robert Trent Jones Golf Trail at Highland Oaks, Water World, and regional baseball, softball, tennis, and other sporting events. Dothan’s diverse economy is supported by healthcare, military and defense activity, agriculture, manufacturing, transportation, and distribution, with major area employers including Southeast Health, Flowers Hospital, Wayne-Sanderson Farms, Southern Nuclear, AAA Cooper Transportation, Michelin North America, and McLane Company.
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