2220 West Tyvola Road, Charlotte, NC, 28217, US

Residence Inn/Fairfield Inn & Suites Charlotte Airport

特性

ユニット数

204

竣工年

2018

土地面積グロス

1.18 ha

形容

JLL's Hotels & Hospitality Group is please to present for sale the fee simple interest in the 113-room Residence Inn Charlotte Airport and 91-room Fairfield Inn & Suites Charlotte Airport dual-branded Hotel (the “Hotel”). Positioned within proximity to Charlotte Douglas International Airport (CLT)—the nation's 6th busiest hub—this institutionally-owned asset sits at the epicenter of a $3 billion airport transformation that will fundamentally reshape lodging demand dynamics. CLT recently unveiled a $600 million terminal lobby expansion and is currently constructing a $1 billion fourth parallel runway (2027 completion) that will increase peak-hour capacity by 39%—from 72 to 100 flights hourly by 2033. Charlotte's status as America's second-largest banking center, anchored by Fortune 500 headquarters including Bank of America, Truist Financial, and Duke Energy, generates consistent corporate demand, while major sports and entertainment venues (NASCAR Hall of Fame, Panthers, Hornets) and the newly renovated 280,000 SF Charlotte Convention Center provide powerful leisure and group segments.

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投資のハイライト

Recently Renovated, Institutional-Quality Asset- Fresh off a comprehensive renovation, the Hotel is being delivered like-new for a new owner. Current ownership has done an exceptional job overseeing the renovation, and maintaining the Property over the years. A new owner is presented the opportunity to leverage a freshly renovated Hotel and increase top-line performance as a result.
Exceptional Location in a High Growth Market – The Hotel captures demand from CLT Airport, the newly renovated 280,000 SF Charlotte Convention Center, multiple Fortune 500 headquarters and regional offices (Truist, Bank of America, Duke Energy), and major sports and entertainment venues (NASCAR Hall of Fame, Bank of America Stadium, Spectrum Center)—supported by 16% employment growth over seven years reaching 1.6 million regional employees. As America's second-largest banking center with 42% growth in financial services operations since 2010, Charlotte has rapidly emerged as a major life sciences hub with over $1.5 billion invested in the past two years and 50+ innovation and research centers, creating diversified, recession-resistant lodging demand.
Expanding Charlotte Douglas International Airport- The Hotel sits within a ten-minute drive of Charlotte Douglas International Airport, which is executing a $3 billion expansion plan that recently delivered a $600 million terminal lobby renovation. CLT is currently constructing a $1 billion fourth parallel runway (2027 completion) that will increase peak-hour capacity by 39%—from 72 to over 100 flights per hour by 2033—fundamentally expanding lodging demand in the immediate trade area.
Cash-Flowing Hotel With Room to Grow- The Hotel has proved to be operationally efficient, with current management averaging over 30% NOI margin since 2022. A new owner stands to benefit from acquiring a cash-flowing Hotel at acquisition, with numerous opportunities to boost top line revenue and bottom line margin fresh off a comprehensive renovation.
Offered Unencumbered of Management- The Hotel is being offered unencumbered of management, presenting a new owner the flexibility to implement their own revenue management strategies and cost containment initiatives to maximize top-line revenues and bottom-line cash flows.
World Class Brand Affiliation- The Hotel’s affiliation with Marriott greatly benefits the Property, as the Hotel is able to capitalize on Marriott’s worldwide distribution network, best-in-class reservation system and the Marriott Bonvoy rewards program. Marriott’s extraordinary portfolio and distribution power is achieved through its 9,600+ properties, over 1.7 million guestrooms, and more than 245 million members globally within its Marriott Bonvoy program.