Listing Agents
Eric Skipworth
T | 312.248.4109
eskipworth@paramountlodging.com
Mike Schlictman
T | 803.920.4173
mikes@paramountlodging.com
Andrew Makhlouf
T | 312.610.9067
amakhlouf@paramountlodging.com
Detailed Information
Location
Property Highlights
- Fee simple interest in the institutionally owned and third-party managed Fairfield Inn & Suites Saginaw, MI
- Available for individual sale as part of a larger 18-property institutional portfolio sale in the July 26th auction event via Ten-X
- Opportunity to capitalize on strong operating synergies and economies of scale in owning adjacent hotels serving different sectors (select service and extended stay)
- Offered unencumbered by debt and management with the ability to retain the Fairfield flag upon brand approval and completion of the PIP
- Significant operating improvements prospects following the completion of the PIP and transfer to more hands-on ownership
- Readily accessible from and adjacent to Interstate-75/675 with over 30,000 vehicles (675) passing the location daily
- Proximate to all Saginaw area demand including Saginaw Valley State University, Ascension Medical Center, Saginaw VA Medical Center, Covenant HealthCare, Ascension St. Mary’s Hospital and numerous medical specialty offices including: Radiation Oncology, Women’s ObGyn, ENT, Pediatrics, Behavioral Health and Pain Management