315 Pittman Rd - Hospitality FOR SALE


Fairfield, CA 94534- West
$5,500,000 USD
213-321-1441
315 Pittman Rd, Fairfield, CA for Sale
$5,500,000 USD
Hospitality - FOR SALE
1/5
null | 10.86% Cap Rate

315 Pittman Rd
Fairfield, CA 94534
West


HIGHLIGHTS

  • Leasehold ownership provides a low barrier to entry structure with immediate cashflow for investors
  • Investors benefit from recently completed renovations with minimal remaining work to be done
  • 19.84% cash on cash return

OVERVIEW

*For Leashold Sale*: Located at 315 Pittman Road in Fairfield, California, Fairfield by Marriott Inn & Suites Fairfield Napa Valley Area occupies a strategic position near Interstate 80, one of Northern California's primary transportation corridors connecting the San Francisco Bay Area with Sacramento and destinations throughout Northern California. Fairfield serves as the county seat of Solano County and benefits from a diversified economic base supported by defense, healthcare, government, manufacturing, food and beverage production, logistics, education, and professional services. One of the market's most significant demand generators is Travis Air Force Base, Fairfield's largest employer. Other major employment anchors include Solano County, NorthBay Medical Center, Fairfield-Suisun Unified School District, Solano Community College, Partnership HealthPlan of California, Jelly Belly Candy Company, and Sutter Fairfield Medical Campus. The property's location also provides convenient access to leisure destinations throughout Fairfield, Suisun Valley, Napa Valley, Vallejo, and the broader North Bay. Guests can access local wineries, the Jelly Belly Visitor Center, Six Flags Discovery Kingdom, outdoor recreation, regional events, and Napa Valley's internationally recognized wine and culinary destinations. This mix of corporate, government, military, healthcare, leisure, and regional travel demand provides the hotel with a diversified lodging demand base rather than dependence on a single economic sector.

FOR SALE DETAILS

PRICE

$5,500,000 USD

PRICE/SF

$133 USD /SF

# OF ROOMS

68

PRICE/ROOM

$80,882 {currency}

CAP RATE

10.86%

SALE TYPE

Investment

ON GROUND LEASE

Yes

BUILDING DETAILS

PROPERTY NAME

Fairfield Inn & Suites Fairfield Napa Valley

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

4

ROOM ENTRANCE

Interior

BUILDING CLASS

B

YEAR BUILT

2006

PARKING SPACES

69

LAND DETAILS

LAND ACRES

1.22 AC

LAND SF

53,143 SF

ZONING

COMM'L

APN/PARCEL ID

0044-090-310

ASK ABOUT THIS PROPERTY

Eric SchulmanSarhan Hotel GroupMore Info
213-321-1441

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Eric SchulmanSarhan Hotel GroupMore Info
213-321-1441

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.