2615 Ruth St
Sulphur, LA 70665
Auction May 7 to May 9.Fairfield Inn & Suites · Hospitality Property For Sale · 38,889 SF

Please do not disturb the hotel guests or employees. Please contact the listing broker with any inquires. Investment Highlights Advantageous Location Directly Off Interstate 10 Opportunity to Significantly Grow ADR Through Renovations Lake Charles/Sulphur Ranked #1 In Job Growth for Mid-Sized Cities Only Marriott-Branded Hotel in Sulphur Strong Revenues and Opportunity for Strategic Management Changes Louisiana's Largest Casino Market Strong Corporate Presence Southwest Louisiana has 19 projects currently under construction totaling $43 billion, and another 16 projects totaling over $65 billion pending final approval Nearby Event Center and Arena Drive a Diverse Mix of Business Investment Overview CBRE Hotels is pleased to present the opportunity to acquire the fee-simple interest in the Fairfield Inn & Suites in Sulphur, Louisiana. This hotel is near many transient leisure and business generators, including local liquid gas refineries and casinos in nearby Lake Charles, and cultural features unique to Sulphur such as the Creole Nature Trail. The Fairfield Inn & Suites is the only Marriott-branded hotel in Sulphur, allowing it to capture significant Marriott Rewards demand. This i This is evidenced by 85-90% of guests at the Fairfield Inn & Suites being Marriott Rewards members, with many in the Gold Elite or Platinum Elite tiers. This property represents the unique opportunity to build upon 2017's nearly $1.8 million in room revenue and NOI of $410,000 via ADR growth with a complete renovation and continued growth in this dynamic market. The current owner is budgeting over $1.8 million in room revenue for 2018. The hotel originally opened in 1997 and contains 78 guest rooms spread over three floors. The property includes 17 executive suites, an indoor heated pool, business center, oversized fitness center, guest laundry room, complimentary breakfast, and an outdoor patio area.