Fairfield Inn Buffalo Hotel Near Major Demand Drivers Listed for Sale

The Fairfield Inn & Suites Buffalo Amherst/University, located adjacent to the University at Buffalo and near Buffalo Niagara International Airport, has been listed for sale, with CBRE Hotels acting as exclusive advisor.

CBRE Hotels has announced the listing of the Fairfield Inn & Suites Buffalo Amherst/University for sale. The property is located at 3900 Rensch Road, Buffalo, NY 14228. The hotel is located next to the University at Buffalo, the largest campus in the State University of New York (SUNY) system, with more than 31,000 students.

Property Features

The Fairfield Inn & Suites was built in 2018 and has four floors. The hotel has a total gross building area of 66,760 square feet and includes 107 guest rooms. The property offers several amenities, including a pool, fitness center, complimentary breakfast, and a lobby snack-and-drink market. There are 103 parking spaces available on site.

The hotel is managed by Ellicott Development Company and is being offered on a fee simple basis, unencumbered by management contracts. The property is branded as Fairfield Inn & Suites by Marriott, and the franchise agreement runs through 2038.

Room Breakdown

The 107 guest rooms are distributed as follows: – 37 Standard King rooms – 43 Double Queen rooms – 22 King Suites – 5 Queen Suites

Demand Drivers

The hotel’s proximity to the University at Buffalo is a key factor in its demand profile. The university has maintained enrollment above 30,000 students for six consecutive years and invests over $348 million annually in research. These activities generate consistent lodging demand from students, families, visiting faculty, and conference attendees.

In addition to university-related demand, the hotel benefits from its location near Buffalo Niagara International Airport. The airport serves over five million passengers annually, including a significant number of Canadian travelers who cross the border to use the airport. The airport continues to add nonstop routes, supporting ongoing growth in both business and leisure travel.

Market Dynamics

The Buffalo hospitality market is characterized by favorable supply-and-demand dynamics. The hotel’s location provides access to a mix of business, leisure, and group travelers, resulting in year-round diversified demand. The surrounding area includes corporate offices, medical facilities, and tourism attractions.

Investment Details

The property is marketed as an institutional-grade asset with modern design and construction. The hotel’s recent build date minimizes near-term capital expenditure requirements. The sale is being managed by CBRE Hotels as the exclusive advisor.

Summary

The Fairfield Inn & Suites Buffalo Amherst/University, built in 2018 and located adjacent to the University at Buffalo, is now listed for sale. The property includes 107 rooms and a range of amenities, and is positioned to benefit from stable demand generated by the university, the nearby airport, and the broader Buffalo market. The sale is being handled by CBRE Hotels, with the property offered unencumbered by management contracts.

Inquire at CBRE.