Hospitality Business for Sale in Tyler, TX

  • Price: Contact for price
  • Listing type: For sale
  • Asset type: Hospitality Business
  • Location: Tyler, TX 75701
  • Year built: 1995

Description

As the exclusive representative of the seller, Marcus & Millichap is pleased to present for sale to qualified investors the Fairfield Inn & Suites Tyler (‘Hotel’ or ‘Property’) located at 1945 W SW Loop 323 in Tyler, Texas. The select-service, Marriott-branded Hotel is offered at $4,650,000 or $75,000 per key. Situated on approximately 1.099 acres, the Property features 62 guest rooms totaling approximately 30,096 square feet. The Hotel is undergoing a comprehensive interior and exterior PIP renovations that were completed as of Jan 2026, positioning the asset to meet current Marriott brand standards. The Hotel offers a variety of common area amenities that cater to both business and leisure travelers, including a fitness center, indoor pool, on-site restaurant, and business center. The Marriott franchise agreement runs through June 2030, with an option to extend through June 2034, allowing flexibility for a new owner. The Property benefits from a strong mix of corporate, healthcare, and transient demand generators throughout the Tyler market. Major employers include Trane Technologies and a range of oil and gas service companies such as Mewbourne Oil Company, Faulconer Energy, SDS Petroleum Consultants, Tanos Exploration, Eagle Fuel & Oil, and Fair Oil Ltd. Meanwhile, healthcare-related visitation is driven by CHRISTUS Mother Frances Hospital – Tyler, UT Health East Texas Physicians, and Hospitality Health ER, supporting consistent year-round occupancy. The Hotel is also positioned along a high-traffic corridor near the central business district and benefits from proximity to Brookshire Grocery Company headquarters, along with ongoing construction activity and regional commercial growth. Additionally, nearby retail and entertainment destinations such as Broadway Square Mall and the French Quarter Shopping Center further support transient and leisure demand. Tyler, Texas, is a prominent economic and cultural hub in East Texas, known for its diversified economy drive

Market Context

This hospitality in Tyler, TX is listed for sale. It is offered at an approximate 1.0% capitalization rate, a key benchmark for income-producing hospitality assets. The building dates to 1995. It has been on the market for 68 days. Compare it against other hospitality listings for sale in Tyler, TX — <a href="/search/sale/hospitality/texas/tyler">view the full market</a>.

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