3200 Bankhead Dr, Little Rock, AR 72206, USA

Strong Performing Property Located 1-mile from the Clinton National Airport.

$3,850,000

Qty:

Description

INVESTMENT HIGHLIGHTS

Strong Performing Property Located 1-mile from the Clinton National Airport
8.7% Cap Rate at List Price Based on 2023 Revenues
Less than 5 Miles from Downtown Little Rock and Other Notable Attractions

Recently Renovated in 2018; Priced at $35,321 Per Key
Currently performing at 80% of its STR Comp-set average in RevPar. Opportunity for large returns though property rate management

AMENITIES

Pool
High Speed Internet Access

Patio

Public Access Wifi

Fully-Equipped Kitchen

ROOM MIX INFORMATION

DESCRIPTION	NO. ROOMS	DAILY RATE	SF
Suite	4	$66.00	-
Guest Room	105	$59.00

PROPERTY TAXES

Parcel Number	24L-018-03-001-00	Improvements Assessment	$434,238
Land Assessment	$54,362	Total Assessment	$488,600

Sheil Stampwala

+1 714-242-8291

Eric Kretschmar

+1 714-656-4348

Sid Tewari

+1 714-242-8304

Specification

General

Building Size : 41166
Lot Size : 2.0800
Sale Type : Investment
Zoning : C
Year of Built : 1986
Year of Remodeled : 2018
Number Of Rooms : 109

Financials

Cap Rate : 8.70

Hospitality

Parking Spaces :
Hotel Laundry Equipments :
Guest Laundry Equipments :
Swimming Pool :

Motel 6 Little Rock, AR - Airport

Listing ID : 00445

SKU: 445

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