HREC Investment Advisors (“HREC IA”) is pleased to offer, to qualified investors, the opportunity to acquire the fee-simple interest in the 83-room Fairfield Inn (“Hotel” or “Property”), situated at 1825 Williams Rd, Monroe, NC 28110.
The Fairfield Inn Charlotte Monroe offers the opportunity to acquire a premium-branded and well-located limited-service asset within a rapidly expanding Monroe submarket of the Charlotte MSA. The Property is strategically positioned to capture consistent demand from a diverse mix of advanced manufacturing, aerospace, healthcare, agriculture, and leisure travel. This is supported by Monroe’s role as one of Union County’s primary employment and commercial centers and its proximity to one of the nation’s fastest growing MSAs.
The Property features excellent visibility and accessibility directly off US Highway 74, providing seamless connectivity to Interstate 485 and the greater Charlotte region. Demand is anchored by Monroe’s established advanced manufacturing, aerospace, food processing, and distribution sectors, with major employers ATI Specialty Materials, ASSA Abloy, Greiner Bio One, Tyson Foods, and Pilgrim’s Pride generating consistent business travel. Additional lodging demand is supported by healthcare-related travel through Atrium Health Union, Novant Health, and other regional medical providers, while Monroe’s historic downtown, wineries, entertainment venues, community events, and convenient access to Charlotte’s broader tourism attractions provide a growing base of leisure demand. The Hotel is located within minutes of Charlotte Monroe Executive Airport and approximately 30 minutes of Charlotte Douglas International Airport.
Although the Property has benefited from Monroe’s strong economic fundamentals and continued regional growth, there remains meaningful upside potential through operational enhancements and more hands-on involvement, as the Hotel is currently managed by a third-party . The Hotel has historically performed just above the middle of its competitive set across occupancy, ADR, and RevPAR, presenting an opportunity to further expand market share through strategic revenue management and operational optimization.
Strong and Stable Revenues with Growth Opportunity
Since 2025, the Hotel has produced over $3 million in annual top-line revenue, reflecting a proven and stable track record. Strong market fundamentals, opportunities to increase occupancy and ADR, and ongoing operational optimization provide a clear pathway for sustained revenue growth and improved bottom-line performance through hands-on management.
Newer Vintage Asset
Completed in 2020, the Hotel represents a high-quality, newer-generation lodging asset, minimizing deferred maintenance concerns and positioning ownership to focus on revenue growth and operational performance rather than significant capital improvements.
High-Quality Marriott in One of the Southeast's Fastest-Growing MSAs
Quality hotel acquisition opportunities within the Charlotte metropolitan area remain limited, particularly for newer-vintage assets at this price point. The Property offers investors an opportunity to acquire a high-quality Marriott-branded hotel within one of the Southeast's fastest-growing MSAs at an attractive basis relative to replacement cost.
Diverse Economy
The Property benefits from Monroe’s diversified economy, supported by advanced manufacturing, aerospace, healthcare, and agriculture. Supported by a broad mix of major employers and its proximity to an expanding Charlotte MSA, the market generates stable year-round business travel demand while reducing reliance on any single industry.
Offered Unencumbered by Management
The Fairfield Inn Charlotte Monroe is currently third-party managed and is being offered unencumbered by a management agreement. Upon acquisition, an investor will have the opportunity to retain a management company of their choosing or operate the property as an owner/operator.
No New Supply
There is no meaningful new hotel supply currently under construction or planned within the immediate market. As a result, the Property is well positioned to benefit from stable competitive dynamics, supporting occupancy, ADR growth, and long-term operational performance.
Fee Simple Interest
The Property will be offered as fee simple.