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7090 Cypress Ter
Fort Myers, FL 33907
Fairfield Inn & Suites Fort Myers-Cape Coral · Hospitality Property For Sale · 100 Rooms

PROPERTY FACTS

Property Type Hospitality
Property Subtype
Hotel
  • Hospitality Hotel
Building Class B
Lot Size 1.96 AC
Building Size 49,454 SF
No. Rooms 100
No. Stories 3
Year Built/Renovated 1998/2017
Tenancy Single
Parking Ratio 2.18/1,000 SF
Corridor Interior
Zoning CPD

AMENITIES

  • Business Center
  • Fitness Center
  • Pool
  • High Speed Internet Access
  • Patio
  • Meeting Event Space
  • Public Access Wifi
  • Smoke-Free
  • Digital key

ABOUT 7090 CYPRESS TER , FORT MYERS, FL 33907

Property Overview: The Fairfield Inn & Suites is a 100-room, three-story, classic select-service hotel located in Fort Myers, Florida. The hotel was constructed out of concrete block in 1998 and remains in excellent condition due to an extensive renovation in the amount of approximately $2 million, which was completed in 2017, and consisted of fully renovated guest rooms/bathrooms, and a new lobby. Additionally, the roof was replaced in 2018. Property Amenities: The hotel features a business center, fitness center, elevator, guest laundry, sundry/convenience store, free buffet/ continental/hot breakfast, outdoor pool, car rental, and a meeting room with 600 square feet of total meeting space. Desirable Market: Situated in Fort Myers, the subject property is located near numerous leisure demand generators, such as Fort Myers Beach (10 miles), Sanibel/Captiva Islands (14 miles), Sun Splash Family Water Park (14 miles), San Carlos Golf Course (6 miles), Gateway Golf & Country Club (10.3 miles), Calusa Nature Center & Planetarium (7.7 miles), Manatee & Eco River Tours (21 miles), Deep Sea Fishing / Fly Fishing (7 miles), Everglades Day Safari (8.5 miles), The Bell Tower Shops (1 Mile), Coconut Point Mall (11 miles), FGCU – Gulfcoast Town Center (8.2 miles), The Barbara B. Mann Performing Arts Hall (1.8 Miles), Fort Myers Historical Museum (8 miles), Germain Arena (11.2 miles), Miromar Outlets (11 miles), Lee Civic Center (20 miles), CenturyLink Sports Complex which is the home of the Minnesota Twins Baseball Training facility Hammond Stadium (3 miles), and the Boston Red Sox Training at JetBlue Park (7.2 miles). There are four acute hospitals nearby the Fairfield Inn & Suites, all under Lee Health Care, including Lee Memorial Hospital (6 miles), HealthPark Medical Center (5 miles), Gulf Coast Medical Center (2 miles) and Cape Coral Hospital (12 miles), and two specialty hospitals: Golisano Children’s Hospital of Southwest Florida (5 miles) and The Rehabilitation Hospital (2 miles). With a total of 1,426 beds and over one million patient contacts each year, Lee Health is the largest public health system in the state of Florida. The Florida SouthWestern State College enrolls approximately 3,500 students per year and is situated 1.8 miles from the Fairfield inn & Suites. Florida Gulf Coast University is situated 11 miles from the Fairfield Inn & Suites and is made up of approximately 13,700 students. The subject property is also located 9.4 miles from the Key West Express; the Key West Express is a popular ferry that provides daily trips to and from Key West, Florida. Southwest Florida International Airport is located 11 miles from the Fairfield Inn & Suites and sits on 13,555 acres of land making it the third largest airport in the United States. The airport serves the Southwest Florida region, including the Cape Coral-Fort Myers, Naples-Marco Island, and Punta Gorda metropolitan areas, and is a U.S. Customs and Border Protection port of entry. It currently is the secondbusiest single-runway airport in the United States serving over to 8.8 million passengers in 2017. The City of Fort Myers, also known as the City of Palms, is situated in Lee County which is graced by 50 miles of white-sand beach, mild weather, palm-lined boulevards, and an amazing choice of shopping, dining and recreational options. It is consistently ranked one of the nation’s job growth leaders with tremendous growth over the past 10 years. The population in Lee County has grown by more than 50 percent between 2000 and 2010 and is now dominated by working-age people. In fact, the county’s population between the ages of 18-24 years (those available to enter the workforce) is growing about twice as fast as that of Florida and many times faster than the United States. Fairfield Inn & Suites by Marriott: Fairfield Inn & Suites by Marriott is made up of over 800 hotels worldwide and is an established leader in the moderate-tier segment offering value, consistency and quality service to business travelers. The brand appeals to owners and franchisees who recognize a strong economic model and investment that works. The brand’s outstanding performance and 30 years of history have been driven by a clear message of quality, value and operational excellence.

ROOM MIX INFORMATION

DESCRIPTION NO. ROOMS DAILY RATE SF
Suite 2 $134.00 -
Guest Room 98 $124.00 -

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
23-45-24-44-00000.0020
Land Assessment
$1,707,552
Improvements Assessment
$3,978,655
Total Assessment
$5,955,373
  • Listing ID: 13459747

  • Date on Market: 8/10/2018

  • Last Updated:

  • Address: 7090 Cypress Ter, Fort Myers, FL 33907

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