Courtyard Fairfax Fair Oaks

JLL’s Hotels & Hospitality Group, as sole and exclusive agent for the owner, has been retained to offer for sale the fee simple interest in the 144-room Courtyard Fairfax Fair Oaks the “Hotel” or “Property”). This institutional grade asset benefits from its prime location near the Fair Oaks Mall and high visibility from major highways, providing easy access to key demand generators such as Washington Dulles International Airport, Tysons Corner Center, and George Mason University.

The Hotel is being offered unencumbered by Marriott management for the first time, providing operational flexibility to implement alternative strategies and potentially increase the GOP margin to market levels. . With construction costs for comparable properties in the Washington DC market potentially exceeding $200,000 per key, this acquisition represents an opportunity to obtain a Marriott branded asset well below replacement cost. Fairfax County's robust a heavy defense contractor presence and economy, hosting 11 Fortune 500 company headquarters and boasting the largest concentration of technology jobs of any major U.S. market, provides a strong foundation for continued growth and stability in this dynamic lodging market.