Fairfield Inn & Suites and Hampton Inn Muskegon, MI

Listing Agents

Eric Skipworth

Mike Schlictman
T | 803.920.4173

Andrew Makhlouf

Detailed Information
Property Highlights
  • Fee simple interest in the institutionally owned and third-party managed Marriott / Hilton limited service two property portfolio in Michigan
  • Sale includes 81-room Hampton Inn Muskegon and the 83-room Fairfield Inn & Suites Muskegon
  • Assets are offered for individual or portfolio sale through a traditional marketing process
  • Assets are readily financeable with strong in-place yield and +$105 RevPAR
  • Sale affords buyers the opportunity to purchase both assets and capitalize on strong operating synergies and economies of scale in owning two premium branded neighboring hotels
  • Offered unencumbered by debt and management with the ability to relicense with Marriott and Hilton under new long-term franchise agreements
  • Significant operational upside upon completion of PIP and transfer to regional ownership with stronger operating economies
  • Assets are adjacent to and visible from Highway 31 and readily accessible via Interstate 96 with upwards of 80,000 vehicles passing the location daily
  • Proximate to all local leisure demand including downtown Muskegon, 26 miles of Lake Michigan coastline, and the 3,000-seat Trinity Health Arena
  • Home to the ~38,000 square-foot VanDyk Mortgage Convention Center which recently opened in 2021
  • The Muskegon Channel handles over 1 million tons of freight per year contributing to Muskegon’s reputation as a major shipping center for the region
  • Readily accessible to the broader Midwest including the Muskegon County Airport (MKG) and the Lake Express Car Ferry transporting passengers from Milwaukee, WI directly into downtown Muskegon

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