84-Room Fully Renovated Market Leading Premium Branded Hotel with over 6,000 SF of Leasable Restaurant Space
Lindsey DeButts
Senior Director 240.204.5131 lindsey.debutts@berkadia.com
Natalie Castillo
Managing Director 786.646.2592 natalie.castillo@berkadia.com FL License #BK3235948
KYLE STEVENSON
Managing Director
786.646.2591
kyle.stevenson@berkadia.com FL License #BBK3472655
HARRY M. MANCERA
Associate Director
786.646.2583
harry.mancera@berkadia.com FL License #SL3531238
LARISSA ISENBERG
Associate Director
602.997.3817
larissa.isenberg@berkadia.com AR License #SA00092444
investment sales
Contact us
Visit Doc Center
BACK TO TOP
Berkadia®, a joint venture of Berkshire Hathaway and Jefferies Financial Group, is an industry leading commercial real estate company providing comprehensive capital solutions and investment sales advisory and research services for multifamily and commercial properties. Berkadia® is amongst the largest, highest rated and most respected primary, master and special servicers in the industry. This advertisement is not intended to solicit commercial mortgage company business in Nevada.
© 2025 Berkadia Real Estate Advisors LLC and Berkadia Real Estate Advisors Inc. Berkadia® and Berkadia Commercial Mortgage® are trademarks of Berkadia Commercial Mortgage LLC. Investment sales and real estate brokerage businesses are conducted exclusively by Berkadia Real Estate Advisors LLC and Berkadia Real Estate Advisors Inc. Commercial mortgage loan origination and servicing businesses are conducted exclusively by Berkadia Commercial Mortgage LLC and Berkadia Commercial Mortgage Inc. Tax credit syndication business is conducted exclusively by the Tax Credit Syndication group. For state licensing details for the above entities, visit www.berkadia.com/licensing.
INVESTMENT HIGHLIGHTS
Location & Area
Fairfield Inn & Suites Georgia 2-PACK
Contact
THE HOTEL
HOME
HIGHLIGHTS
LOCATION
Privacy
Terms of Use
Document Center
Less than 10 minutes from the Okefenokee National Wildlife Refuge a UNESCO Heritage Site Nominee: The Okefenokee Swamp Park, a more than 400,000 acres national park has been recently nominated to join the UNESCO World Heritage list. Once formally designated, the site will join over 1,000 cultural and natural sites of universal importance, such as the Grand Canyon in Arizona, the Taj Mahal in India and the Great Wall in China. The site is already a major tourist destination in the area attracting over 300,000 visitors every year. Once designated as a UNESCO World Heritage Site, visitations are expected to reach over 800,000 per year and generate $60 million in additional annual economic impact.
Brunswick, Georgia, is a dynamic port city with a rich maritime history and a charming downtown area. It serves as a gateway to the Golden Isles, which have been named the #1 best U.S. island by Leisure + Travel and attract over 2.8 million travelers annually, significantly boosting the local hospitality industry. Additionally, Brunswick is home to the Federal Law Enforcement Training Centers (FLETC), a 1,600-acre facility that trains over 140,000 agents each year, contributing to a steady stream of visitors and business. The Port of Brunswick further enhances the city’s economic activity as the busiest port for auto and heavy machinery in the country, handling over 876,000 Ro/Ro cargo units annually. Brunswick’s strategic location, just an hour and 15 minutes south of Savannah and an hour north of Jacksonville, further enhances its attractiveness. This proximity to major cities provides easy access for travelers and businesses.
Judy McManus
Broker of Record GA License #262140
FAIRFIELD INN & SUITES WAYCROSS
FAIRFIELD INN BRUNSWICK
TWO TURNKEY PREMIUM BRANDED LIMITED SERVICE HOTELS IN SOUTHEAST GEORGIA
Visit Doc Center
Berkadia Hotels & Hospitality (“Berkadia”) is pleased to exclusively offer the opportunity to acquire fee simple interest in a two-hotel portfolio located in southeast Georgia: the Fairfield Inn & Suites Waycross and the Fairfield Inn& Suites Brunswick (the “Portfolio,” “Assets,” or “Hotels”). Together, these properties offer a combined 169 rooms and are strategically positioned to capture demand from Georgia’s diverse leisure, transient and corporate business markets. Located just an hour apart, this offering provides an opportunity to efficiently operate and complex sales and marketing efforts. The properties can be acquired as a portfolio or individually, offering flexibility to potential buyers, and with attractive financing options, including assumable debt.
The Fairfield Inn & Suites Waycross, a newly built 89-room hotel that opened in July 2024, is the only Marriott-branded hotel in the area and is poised to become the market leader—reaching #1 in RevPAR in January 2025 and surpassing $100 RevPAR in the trailing four months. The hotel benefits from its proximity to major employers such as CSX, Georgia-Pacific, and Rayonier. Waycross is home to CSX Transportation’s largest rail yard in the Southeast and the second-largest in the CSX system, as well as its largest locomotive maintenance and inspection facility. Additionally, six CSX rail lines connect Waycross directly to key markets across the Southeast, driving economic activity in the region. Tourism demand is also on the rise, with Okefenokee National Park—a UNESCO Heritage Site nominee—currently drawing over 250,000 visitors annually, a number expected to grow to 800,000. Further, Finnish housing manufacturer Admares recently announced a $750 million, 2.5-million-square-foot mega factory in Waycross. Receiving its name from its strategic location, ‘where ways cross’, Waycross continues to reinforce itself as the region’s economic hub.
The Fairfield Inn & Suites Brunswick, an 80-room hotel, has been fully renovated with custom case goods and offers a prime location with strong visibility, situated directly off I-95 and near downtown Brunswick. The hotel ideally positioned to capture demand from key economic drivers in the area. It is one of the closest hotels to the Federal Law Enforcement Training Center (FLETC), which trains personnel from over 105 U.S. government agencies and more than 140,000 officers annually. Additionally, the hotel benefits from its proximity to Brunswick Golden Isles Airport (BQK), which is expanding direct flight services to multiple hubs nationwide, and to Gulfstream, which operates a major service center in Brunswick with over 300 employees. Beyond Gulfstream, both Transport Canada and the European Aviation Safety Agency have designated Brunswick as an approved service facility, expanding the city’s role in the aviation sector. As the Gateway to the Golden Isles (Jekyll Island, St. Simons Island, and Sea Island), Brunswick attracts millions of visitors to this top-rated U.S. island destination. Additionally, the hotel is 12-miles from the Port of Brunswick, the nation’s busiest auto and heavy equipment port, processes over 876,000 units of roll-on/roll-off cargo annually. This strategic positioning makes the hotel an attractive choice for business, government, transient, and leisure travelers alike.
Offered below replacement cost, the Fairfield Inn & Suites Waycross and Fairfield Inn & Suites Brunswick Portfolio presents a compelling opportunity to acquire two well-positioned assets with significant upside potential. Both are offered as turnkey operations with minimal short-term capex and PIP requirements, allowing a new owner to capture the value-add upside without the need for expensive and time-consuming construction or renovation processes. With attractive financing options available, including assumable debt, a new owner can set into immediate cash flow with confidence.
The Offering
Visit Doc Center
Newest Premium Limited-Service Hotel in Over 14 Years: Opened in July 2024, the Fairfield Inn & Suites is the latest addition to the Waycross hotel market, offering premium accommodations for both leisure transient and business travelers. As the only Marriott-branded property in Waycross, it is poised to quickly establish itself as the market leader, surpassing average daily rate (ADR) benchmarks. The property boasts the largest meeting space of any hotel in the market and is the only hotel with meeting space capable of accommodating over 25 people. This advantage allows the hotel to host a variety of group, corporate, city, and county-related events.
1
2
400,000
ACRES
250,000+
ANNUAL VISITORS
800,000+
ANNUAL VISITORS Once formally designated as UNESCO site
3
4
5
Strong Ramp-Up Performance: The hotel has demonstrated impressive growth, achieving a 112% RevPAR index in Q4 2024, just six months post-opening, and exceeding a 125% month-to-date RevPAR index as of January 2025.
Thriving Agricultural and Forestry Industry: Waycross benefits from a strong agricultural and forestry sector, with major companies like Georgia-Pacific and Rayonier operating locally. Just 25 miles northeast, Alma a small town in neighboring Bacon County is known as the “Blueberry Capital of Georgia” for its significant blueberry production. With limited hotel options in Alma, Waycross provides the nearest quality accommodations for visitors to the area.
Turn-Key Operation Below Replacement Cost: This newly opened hotel is a turnkey opportunity, available fully stabilized without management encumbrances and priced below replacement cost. A new owner will benefit from acquiring a stabilized and operating hotel with no short-term capital expenditure requirements, ensuring immediate operational efficiency and profitability.
Attractive Assumable Debt: Offered with the option to assume the current debt at attractive terms a new owner will benefit from the ability to enhance cash flow and ROI. This strategic advantage mitigates financing risks and maximizes returns.
6
PHOTO GALLERY
| WAYCross
| Brunswick
Fairfield Inn & Suites Georgia 2-PACK
| WAYCross
Custom High-End FF&E Package in Every Room: As part of the renovation, the owner was able to get approval from Marriott to use a ‘custom package’ of FF&E designed exclusively for this hotel. This gives the hotel its unique look-and-feel, elevating the quality and differentiating it from all other ‘prototype’ Fairfield Inn’s.
2
Located less than 5 minutes from the Federal Law Enforcement Training Center (FLETC): The 1,600-acre training campus is the largest training facility for federal law enforcement agents across a variety of agencies, including TSA, CIA, ICE, NSA and many others. The facility processes over 140,000 law enforcement agents every year and is one of the major demand generators in the area.
3
Located a Short-Drive from the World Renowned ‘Golden Isles’ a Major Driver of Leisure Demand: Named the #1 by Travel + Leisure Magazine as Best U.S. Islands for the second year in a row, the Golden Isles are one of Georgia’s most visited tourist and leisure destination. The Isles have seen record breaking number of visitors, experiencing over 100% growth in visitor numbers in the past three years and receiving over 2.8 million travelers every year.
4
Turn-Key Operation Below Replacement Cost: This fully renovated hotel is offered as a turn-key opportunity, available without management encumbrances and priced below replacement cost.
5
Strategic Location Directly Off Exit 38 of I-95 offering Unparalleled Visibility and Accessibility: The Hotel is located just off I-95 and along Golden Isles Parkway, offering ideal accessibility and visibility. On average over 65,000 vehicles drive along the I-95 intestate daily.
7
1
Fully renovated with minimal change of ownership property improvement plan (PIP) requirements: The owner is spending over $XXXmm in renovations, including replacement of the FF&E in all rooms, bathrooms, and tub to shower conversions. The hotel also underwent an extensive renovation in 2019 that included the exterior painting, new porte-cochere, new roof, soft goods renovation, mattresses replacements, and new lobby FF&E.
| Brunswick
Attractive Assumable Debt: Offered with the option to assume the current debt at attractive terms a new owner will benefit from the ability to enhance cash flow and ROI. This strategic advantage mitigates financing risks and maximizes returns.
6
The property offers a range of amenities designed to cater to both business transient and leisure travelers, including a free breakfast a large outdoor pool, an expanded fitness center, business center, and a Grab & Go Market. The Hotel’s well-rounded amenities and convenient location make it a highly attractive option for travelers visiting the area. The hotel is prominently located just off I-95, adjacent to a DoubleTree undergoing a major renovation and a newly constructed Holiday Inn Express. These neighboring hotels are expected to significantly boost the Average Daily Rate (ADR), strategically benefiting the Fairfield’s ADR in this micro-location.
Property Summary
107 Gateway Center Cir. Brunswick, GA 31525
Address
80
Rooms
3
Stories
1997
Built
1.95 AC
Site Area
Unencumbered
Management
Complimentary Breakfast, Grab & Go Market
Food & Beverage
Expanded Fitness Center, Large Outdoor Pool, Business Center
Amenities
Brunswick
The Fairfield Inn & Suites Waycross is a 4-story, 89-room hotel built in 2024, situated on a 2.85-acre lot. The property offers a range of amenities designed to cater to both business and leisure travelers, including an expansive fitness center, business center, and a Grab & Go Market. Guests enjoy free breakfast and access to an ±800-SF meeting room, ideal for small events or corporate gatherings. The Hotel’s well-rounded amenities and convenient location make it a highly attractive option for travelers visiting the area.
Waycross
Property Summary
2205 Memorial Dr. Waycross, GA 31501
Address
89
Rooms
4
Stories
2024
Built
2.85 AC
Site Area
Unencumbered
Management
Complimentary Breakfast, Grab & Go Market
Food & Beverage
±800 SF
Meeting Space
Expansive Fitness Center, Business Center, Outdoor Grill, Outdoor Fire Pit, and Leisure Area with Pergolas & Outdoor Seating and Outdoor Grills
Amenities
2019/2025
Renovated
Known as the place where the ‘Ways Cross’ since colonial times, the city benefits from a central location in the region and serves as a major transportation node that drives its economy. Located just an hour from either Jacksonville or Brunswick, two hours from Savannah, and four hours from Atlanta, Waycross benefits from quick access to major metropolitan areas in Georgia and the Southeast. The area is also known for its robust agricultural and forestry industry, which strategically leverages the large rail-cargo operation led by CSX Transportation in Waycross. The Okefenokee Swamp Park, the only site in the United States nominated for a UNESCO World Heritage site designation, drives the area’s tourism by attracting over 250,000 visitors each year. Once formally confirmed as one of the over 1,000 cultural and natural sites, visitations are expected to exceed 800,000 annually, further driving Waycross’ tourism industry and generating an estimated $60 million of additional economic impact to the region.
The Offering
Investment Highlights
the Property
Photo Gallery
document center
contact
privacy
terms of use
Where the ‘Ways Cross’ - A Major Transportation and Economic Hub in Southeast Georgia: Historically a transportation hub since the colonial age, Waycross serves as a major transportation node that interconnects various modes of transportation to the broader southeastern region of the United States. CSX Transportation, a leading supplier of rail-based freight transportation, operates six rail lines that intersect at Waycross. This is CSX’s largest and most productive automated classification facility, handling over 3,000 train cars per day and directly connecting Waycross to major metropolitan areas of the Southeast. Furthermore, ADMARES, a Finnish company specializing in industrialized building manufacturing, is in the process of building a $750 million facility that will create over 1,400 jobs.
7