Institutional Seller | Fairfield Inn & Suites Ashland Kentucky
Market Price
10945 U.S. 60, Ashland, KY 41102
60
Keys
1994
Year Built
Details:
Highlights:
- Property offered unencumbered by management and debt and at a significant discount to replacement cost
- Ability for buyer to obtain a new Marriott franchise agreement under the Fairfield Inn & Suites flag by completing the change of ownership PIP
- Strong recent performance with year-over-year RevPAR growth of 11.4%, grossly outpacing national gains
- Strong operational upside in transitioning the asset out of institutional ownership and third-party management
- Property is one of only two Marriott affiliated hotels within the Ashland market
- Property is situated adjacent to and directly visible from the heavily trafficked US Highway 60 with upwards of 20,000 vehicles passing the location daily
Description:
Ri Marketplace Online Auction September 8th-10th, 2025
Register to bid on Marketplace:
https://rimarketplace.com/auction/2656/institutional-seller-fairfield-inn-suites-ashland-kentucky?utm_source=brevitas&utm_medium=listing&utm_campaign=external&utm_content=hospitality_2656
Alchemy Real Estate Advisors, in conjunction with RealINSIGHT Marketplace, is pleased to offer, on an exclusive basis, the opportunity to acquire fee simple interest in the 60-room Fairfield Inn & Suites Ashland in Ashland, Kentucky. The Property is offered for sale as part of a five (5) property portfolio located across four (4) states in Kentucky, Michigan, Missouri and Ohio. All properties will be sold individually in the September 10th Auction Event.
Lamar P. Fisher
Fisher Auction Company Inc.
License: 257072
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