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10945 Us-60 Ashland, KY 41102

For Sale
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60-room hotel in Ashland, Kentucky, available for purchase.

Source: Joseph Cuomo Agent Joseph Cuomo

Displayed information is deemed reliable but is not guaranteed and should be independently verified.


Overview

Fairfield Inn & Suites Ashland

The property is a fee simple interest in the 60-room Fairfield Inn & Suites located in Ashland, Kentucky. It is available for purchase in the September 25th auction event via RealINSIGHT Marketplace. The property is offered as part of a four-property Marriott Fairfield Inn & Suites portfolio, with all properties being sold individually. It is offered unencumbered by management and debt at a significant discount to replacement cost. A buyer has the ability to obtain a new Marriott franchise agreement under the Fairfield Inn & Suites flag by completing the change of ownership PIP. The property's RevPAR grew 11.4% year-over-year, significantly exceeding national averages and highlighting robust market momentum. There is strong operational upside in transitioning the asset out of institutional ownership and third-party management. The property is one of only two Marriott-affiliated hotels within the Ashland market.
Location Intelligence

Current Use by Public Records

Isalis Gift Shop Party City Party Store Skunk Funk Wholesaler Carl's Trading Co Hat Shop Bushka's Kitchen LLC Outdoor Clothing And Equipment Shop

Suggested Use

Restaurant Law Firm Building Supply Spa & Massage Wholesale Shop Hair Salon Auto Repair Shop Clothing Store Nail Salon Gym & Fitness

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
Ashland
County
Boyd
State
Kentucky
Longitude
-82.7237
Latitude
38.4194

FAQs

What type of property is this?
Hotel - 60-room hotel in Ashland, Kentucky, available for purchase.
Where is this hotel located?
The property is located at 10945 Us-60 Ashland, KY.
What are key features of this property?
This property features: - Unencumbered by management and debt, offering immediate operational control.; - Significant discount to replacement cost, presenting a strong investment opportunity.; - **RevPAR growth of 11.4% year-over-year, indicating robust market performance.**
More about this property
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