PROPERTY OVERVIEW

 

EXCELLENT LOCATION

The Fairfield Inn & Suites Atlanta Vinings/Galleria is a 142-key hotel located in a densely developed area with easy access to I-75 and I-285, as well as numerous demand generators. Attractions in the area include Truist Park, The Battery Atlanta, Cobb Energy Performing Arts Centre, Cumberland Mall, Chattahoochee Trails, Cobb Energy Center, downtown Atlanta, Georgia Aquarium, Six Flags Georgia, Dobbins Air Reserve Base, and several corporations including Home Depot HQ, Piedmont Healthcare, and ThyssenKrupp Elevator.

 

UPSIDE POST PIP

The Fairfield Inn & Suites Atlanta Vinings/Galleria offers a significant upside upon the completion of a change-of-ownership PIP. The improved product offering combined with continued market growth expectations will likely to result in RevPAR and NOI growth well exceeding in-place metrics.

 

INSTITUTIONAL MARRIOTT BRANDED ASSET

Marriott’s Fairfield Inn & Suites brand is one of the strongest brands in the Marriott family. Premium branded assets have distinct competitive advantages compared to the rest of the market due to their large rewards and reservation systems as well as name recognition. All Marriott properties are backed by the Marriott Bonvoy reward program which boasts over 120 million members across 30 brands and more than 6,700 hotels worldwide.

 

OFFERED BELOW REPLACEMENT COST 

The Fairfield Inn & Suites Atlanta Vinings/Galleria is positioned in the heart of Atlanta’s Cumberland/Vinings/Galleria submarket. The area is packed with a diverse range of demand generators that include some of the largest corporate and leisure fixtures in the Atlanta economy such as Home Depot Headquarters (Fortune 500 #20), ThyssenKrupp North American Headquarters (Fortune 500 #330), The Galleria Office Park (over 2 million square feet) and Truist Park, home of the Atlanta Braves. With only 93 rooms currently under construction in the submarket, the Fairfield Inn & Suites Atlanta Vinings/Galleria is positioned to capitalize off of these strong market fundamentals.

2450 Paces Ferry Rd SE, Atlanta, GA 30339