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30881213
30881214

1225 Hillman St, Tulare, CA 93274 For Sale

DK
CA CA 00865269
Western Hotel Brokers
Listed by Western Hotel Brokers
$9,750,000
135 days on market
Updated 38 days ago

Fairfield Inn & Suites Visalia Tulare

Details
APN 170-380-011-000
Property Type Hospitality
Sub Type Hotel
Square Footage 65,748
Keys 79
Brand/Tenant Marriott Hotels
Price per SqFt $148
Year Built 2012
Buildings 1
Stories 3
Acreage 5.680
Zoning C3
Investment Type Stabilized
Ground Lease Yes

Hospitality | 79 Keys | $123,418/key

Marketing description

This is an existing, strong-performing 79-key Fairfield Inn & Suites with an expansion opportunity on its additional 3 acres of fully fenced, level land, featuring an entrance and exit, offering a shovel-ready development.

The site can support the construction of an 80+ key extended-stay hotel—an in-demand product type in the Tulare market, with multiple brands already expressing interest.

Investors and Developers can take advantage of the stable income from the Fairfield Inn while building out the new extended-stay property on site.

Do not disturb management. Call for Details or to Schedule a Showing 805-807-1782

Investment highlights

  • 79 Keys | Built 2012

  • 5.68-Acre Site

  • Favorable 53 yr ground lease with significant tax advantages

  • 3 Acres of Developable Commercial Land Included

  • Potential to Add 80+ Keys (Subject to County Approval)

  • Strong Extended-Stay Redevelopment Potential

  • Silver Circle Award Winner – Top 20% of Marriott Hotels for Overall Guest Satisfaction

Listing Contacts

DK
CA CA 00865269
Western Hotel Brokers
Listed by Western Hotel Brokers

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Additional Information

Name
Deborah King
License
CA 00865269
Brokerage
Western Hotel Brokers
Title
Attorney/Broker
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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