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Property Detail

294 US-79, Marianna, AR 72360, USA
Located on approximately 1- acre lot, direct access to Highway 79.
$250,000

Description

INVESTMENT HIGHLIGHTS

  • Located on approximately 1- acre lot, direct access to Highway 79.
  • - average occupancy is around 65-70%

EXECUTIVE SUMMARY

*Price for Quick Sale*
Asking Price $250,000.00. Contact Hariom Acharya for further details.
 

AMENITIES

  • Public Access Wifi

ABOUT 294 HIGHWAY 79 , MARIANNA, AR 72360

17 Unit exterior corridor Sands Motel is the only motel in the city of Marianna and in 18 miles radius, provides no competition. This Motel is located on approximately 1- acre lot, direct access to Highway 79. - Motel includes newly painted and newly carpeted 1 bedroom, 1 bathroom Managers apartment, separate utility and laundry room - Flat screen TV, Fridge and Microwave in all rooms - Exterior of Motel is recently painted - Marianna, AR is the biggest town in Lee county and county seat - Mississippi River state park is 4.2 miles away (9 mins Drive) - brings tourists (Camping, Hiking, Fishing, Hunting) - Forrest City, AR is 20 Mins Drive - Memphis, TN is 45 mins Drive - Little Rock, AR is 1:45 Drive - Strong weekly and Daily business (ADR/ $55) - average occupancy is around 65-70% Currently 14 Units are rentable and 3 are used as storage, can be easily converted to rentable rooms with some TLC.

 

ROOM MIX INFORMATION

DESCRIPTIONNO. ROOMSDAILY RATESF
Guest Room17$54.00

 

PROPERTY TAXES

 

Hariom Acharya

+1 870-319-8577 

Specification

General

  • 6062
  • 1.0000
  • Investment
  • 1970
  • 17

Hospitality

Sands Motel

# 462

SKU: 462

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