ASKING PRICE: $22,000,000
Avison Young, as the sole exclusive agent, is pleased to offer the fee simple interest in the Fairfield Inn & Suites (hereinafter “Property” or “Hotel”), a select-service hotel located in Savannah, Georgia. Located along Savannah’s primary commercial corridor, the Hotel benefits from a dense, year-round demand base anchored by healthcare, retail, and local business activity rather than just tourism. The property sits minutes from major medical employers including Candler Hospital and Memorial Health University Medical Center, which generate consistent transient and extended-stay demand from patients, staff, and visiting specialists. Nearby, Oglethorpe Mall serves as Midtown’s dominant retail hub with a strong mix of shopping and dining that attracts both locals and visitors. Positioned on Abercorn Street with direct access to I-516 and the Truman Parkway, the hotel captures steady corporate, medical, and retail-driven demand while remaining a short drive from Savannah’s Historic District, creating a balanced mix of weekday business travel and weekend leisure overflow in one of the city’s most active commercial submarkets.
The Property is an eight-story, interior corridor hotel which opened in 2016. The Hotel has on-site laundry, outdoor pool, fitness center, and Wi-Fi internet access. The Property offers 146 nonsmoking guestrooms and suites with both king and queen beds.