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Fairfield Inn & Suites Hotel
New
For Sale
$10,800,000

9937 Mayland Dr, Richmond, VA 23233

Built in 2006, the three-story hotel sits near Interstate 64 in Richmond’s Innsbrook business district.

Property Size43,413 SF
Days on Market1

Property Features for 9937 Mayland Dr

General Information

Standard status Active
Size 43,413 SF
Property subtype Hotel-Motel

Additional Details

Highway Access Yes

Amenities

Positive-Trending RevPAR for Fairfield Inn & Suites and Competitive Set
Strong Year-Over-Year Occupancy Increase for Fairfield Inn & Suites
Historically Stable and Efficient NOI
Opportunity to Acquire with the Contiguous Holiday Inn Express for Scale and Operational Efficiency
Richmond, VA MSA Population has Grown Nearly 17% Since 2010
Proximate to Striker Park, Henrico Doctors' Hospital, University of Richmond, Performance Food Group HQ, Downtown Richmond, and More

Building Details

Building Size 43,413 SF
Year Built 2006
Buildings 1
Stories 3
Listing Agency: Fort Lauderdale Office
Listed By: Rob Hunter · License #License(s): FL: SL3241692, AL: 00091540, NC: LC738
Source: Marcusmillichap
Added: Nov 4 Last Checked: Nov 4 at 2:33PM

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 Fort Lauderdale Office

Rey
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Investment Insights

Based on property information with market context.

The 83-room Fairfield Inn & Suites is a three-story hotel built in 2006. It carries the Fairfield Inn & Suites brand and is located in Richmond, Virginia, within the Innsbrook business district, near Interstate 64.

A contiguous 112-room Holiday Inn Express Richmond is also available for acquisition alongside the hotel. The two properties are presented as a potential combined purchase.

Key Highlights

  • 83‑room Fairfield Inn & Suites hotel
  • Three‑story building constructed in 2006
  • Near Interstate 64 in Richmond’s Innsbrook business district

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Fairfield Inn & Suites ... Hotel & Motel

Suggested Use

Top Pick Building Supply Big Box & Wholesale Store HVAC Service Electrical Service Garden Center Auto Parts Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Highway access

Location Intelligence

Trade Area within ½ mile

1,529
Businesses Nearby

Demographics for 23233, VA

32,610
Population
13,184
Households
2.5
Avg Household Size
40
Median Age
71%
College-Educated
98%
High-School Grad
12.9 sq mi
ZIP Area
2,528
Density / Sq Mi
$117,500
Median Household Income
$66,115
Median Earnings
$1,779
Median Rent
$442,100
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Frequently Asked Questions

What type of property is this?
Hotel - Built in 2006, the three-story hotel sits near Interstate 64 in Richmond’s Innsbrook business district.
Where is this hotel located?
The property is located at 9937 Mayland Dr Richmond, VA.
What is the asking price?
The asking price for this property is $10,800,000.
What are key features of this property?
This property features: 83‑room Fairfield Inn & Suites hotel; Three‑story building constructed in 2006; Near Interstate 64 in Richmond’s Innsbrook business district
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