For Auction
Asset Snapshot
Offering Summary
Berkadia’s Hotels & Hospitality Group and RealINSIGHT Marketplace are pleased to offer the opportunity to acquire the Fairfield Inn & Suites Louisville North, a 78-key, Marriott-branded hotel located less than five minutes from the heart of downtown Louisville. The Property is adjacent to some of Louisville’s biggest demand drivers, including Louisville Slugger Field, KFC Yum! Center, and the Kentucky International Convention Center.
The Property is in excellent physical condition, having undergone a significant renovation in 2016 that revitalized both the guestrooms and public spaces. Amenities include an indoor pool, fitness center, business center, and over 529 square feet of meeting space.
Each guestroom has one king or two queen beds with luxury Marriott bedding: crisp linens, thick mattresses and custom comforters. Rooms also feature large flat screen HDTV’s, mini-refrigerators, individual climate control and new coffee makers. Guests can also connect their smartphone to the Property’s complimentary Wi-Fi.
Area attractions include: University of Louisville, KFC Yum! Center, Louisville Slugger Museum & Factory, Kentucky International Convention Center (KICC), Churchill Downs (The Kentucky Derby), Evan Williams Bourbon Experience, 4th Street Live, and the Kentucky Expo Center.
The Property is offered unencumbered by management. A new owner may benefit from the opportunity to engage new management by implementing their own strategic plan to further maximize profitability and increase long term value appreciation.
Property Tours: Please contact the Berkadia team to schedule a tour
Due Diligence
Platform Fee
Buyer pays a minimum platform fee of 5% or $25,000 at closing.
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Disclaimers
The information being provided herein is for informational purposes only. No representation or warranty is made as to the accuracy or completeness of any information contained herein, including, without limitation, any information regarding the condition of the Property, the condition of title or Property descriptions. Any documents and/or pictures posted herein or elsewhere on the RealINSIGHT Marketplace (the "Website") are for informational purposes only, and may not represent the current condition of the Property or the condition of the Property at the time of sale. The posting of pictures herein or elsewhere on the Website does not constitute a guarantee that any items represented in the pictures will be present when the buyer takes possession of the Property. You are encouraged to conduct your own due diligence and investigate all matters relating to the Property. It is recommended that you seek independent advice, including legal advice, to perform your due diligence and that you use good faith efforts in determining that the content of all information provided to or obtained by you is accurate.
