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Fairfield by Marriott Inn & Suites Asheboro 920 Executive Way 87 Room Hotel Asheboro, NC 27203 For Sale
INVESTMENT HIGHLIGHTS
- Proximity to the $8 Billion Toyota Battery Plant Project - Driving Robust Market Growth and Demand
- Value-Add Opportunity with Attainable Growth
- Prime Location with Direct Access to State Highway 64 and I-75 (64,500 AADT)
- Unencumbered of Management
EXECUTIVE SUMMARY
Welcome to an exceptional investment opportunity in the heart of Asheboro, North Carolina. The Fairfield Inn & Suites by Marriott, located at 920 Executive Way, is a well-established, 87-room hospitality asset offering premium select-service accommodations. Built in 2009 and renovated in 2014, this Class B hotel spans 45,273 square feet on a 2.66-acre lot, zoned CB2A – General Commercial. Situated in the Greensboro-High Point MSA, Asheboro offers a central location between Charlotte and Raleigh, making it ideal for both business and leisure travelers. The hotel’s proximity to key attractions and industrial hubs ensures consistent demand and long-term growth potential.
PROPERTY FACTS Under Contract
| Sale Type | Investment | No. Rooms | 87 |
| Property Type | Hospitality | No. Stories | 3 |
| Property Subtype | Hotel | Year Built/Renovated | 2009/2014 |
| Building Class | B | Parking Ratio | 0.84/1,000 SF |
| Lot Size | 2.66 AC | Corridor | Interior |
| Building Size | 45,273 SF | ||
| Zoning | CB2A - General Commercial | ||
| Sale Type | Investment |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | B |
| Lot Size | 2.66 AC |
| Building Size | 45,273 SF |
| No. Rooms | 87 |
| No. Stories | 3 |
| Year Built/Renovated | 2009/2014 |
| Parking Ratio | 0.84/1,000 SF |
| Corridor | Interior |
| Zoning | CB2A - General Commercial |
AMENITIES
- Business Center
- Fitness Center
- Pool
- High Speed Internet Access
- Meeting Event Space
- Public Access Wifi
- Smoke-Free
ROOM MIX INFORMATION
| DESCRIPTION | NO. ROOMS | DAILY RATE | SF |
|---|---|---|---|
| Suite | 24 | $150.00 | - |
| Guest Room | 63 | $136.00 | - |
PROPERTY TAXES
| Parcel Number | 7760-39-9162 | Improvements Assessment | $4,553,960 |
| Land Assessment | $1,246,500 | Total Assessment | $5,800,460 |
PROPERTY TAXES
Parcel Number
7760-39-9162
Land Assessment
$1,246,500
Improvements Assessment
$4,553,960
Total Assessment
$5,800,460
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Fairfield by Marriott Inn & Suites Asheboro | 920 Executive Way
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