Courtyard by Marriott Kennesaw

Property Type
Hotel
Investment Type
DST
Brand
Marriott
Date of Investment
Location
Kennesaw, Ga.
Keys
100
Units
Square Footage
Loan Type
Loan to Value
Loan to Cost
Total Origination

High-Growth Market

The hotel is located in Kennesaw, Georgia, and is positioned to benefit from the robust growth in the Atlanta-Sandy Springs-Roswell metropolitan statistical area (Atlanta MSA) and Kennesaw submarket. The City of Kennesaw is the foruth-largest city in Cobb County, Georgia, the third-largest county in the State of Georgia.

Dynamic Location

Kennesaw is home to Kennesaw State University (KSU), the second-largest university by enrollment in Georgia, and there is a significant concentration of industrial and office properties in Kennesaw to drive corporate demand. The KSU Center Museums and local historical attractions attract leisure travelers to the market.

Value-Add Opportunity

The quality of the hotel will be enhanced through renovations that include upgrades to the lobby area, corridors and guestrooms, which will bolster performance through focused marketing efforts to increase business from KSU and capture returning corporate accounts.