Three-Story Fairfield Inn &
For Sale
Contact for pricing
2001 16th Ave E, Cordele, GA 31015
Fee-simple sale of a 69-room, three-story hotel with meeting space and an indoor pool.
Property SizeContact for details
Days on Market123
Property Features for 2001 16th Ave E
General Information
Standard status
Active
Property subtype
Hospitality
Amenities
indoor pool
business center
meeting space
complimentary breakfast
complimentary Wi-Fi
Building Details
Year Built
2007
Stories
3
Listing Agency:
Marcus & Millichap - Charleston
Listed By:
Grover Maxwell IV · License #SC 98793
Source:
Crexi
Added: Apr 11
Changed: Aug 8
Last Checked: Jul 23 at 2:07PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Marcus & Millichap - Charleston
Investment Insights
Based on property information with market context.
Marcus & Millichap is pleased to offer for sale a fee-simple interest in the Fairfield Inn & Suites in Cordele, Georgia. The property features 69 guest rooms across three stories and was built in 2007. A Change of Ownership renovation is scheduled to be completed by a new investor.
The hotel includes an indoor pool, a business center, and meeting space that can accommodate up to 100 people for banquets and up to 130 people for conferences. Complimentary breakfast and Wi-Fi are also offered on-site.
Per the provided remarks, an exterior renovation has already been completed, and no further exterior work will be required by a new licensee with Marriott International. The meeting room is positioned as an additional revenue source, and the existing CMBS debt must be assumed, with a 1% assumption fee and a 5.5% interest rate.
The hotel includes an indoor pool, a business center, and meeting space that can accommodate up to 100 people for banquets and up to 130 people for conferences. Complimentary breakfast and Wi-Fi are also offered on-site.
Per the provided remarks, an exterior renovation has already been completed, and no further exterior work will be required by a new licensee with Marriott International. The meeting room is positioned as an additional revenue source, and the existing CMBS debt must be assumed, with a 1% assumption fee and a 5.5% interest rate.
Key Highlights
- Fee‑simple sale of Fairfield Inn & Suites with 69 guest rooms across 3 stories
- Built in 2007; Change of Ownership renovation to be completed by a new investor
- Meeting space offers additional revenue, accommodating up to 100 for banquets and 130 for conferences
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
238
Businesses Nearby
Explore this area
Business Placement
Demographics for 31015, GA
18,900
Population
9,252
Households
2
Avg Household Size
41
Median Age
16%
College-Educated
84%
High-School Grad
213.6 sq mi
ZIP Area
88
Density / Sq Mi
$41,930
Median Household Income
$35,046
Median Earnings
$741
Median Rent
$125,000
Median Home Value
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Frequently Asked Questions
What type of property is this?
Hotel - Fee-simple sale of a 69-room, three-story hotel with meeting space and an indoor pool.
Where is this hotel located?
The property is located at 2001 16th Ave E Cordele, GA.
What are key features of this property?
This property features: Fee‑simple sale of Fairfield Inn & Suites with 69 guest rooms across 3 stories; Built in 2007; Change of Ownership renovation to be completed by a new investor; Meeting space offers additional revenue, accommodating up to 100 for banquets and 130 for conferences
