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- LoopNet Team
2000 Holiday Dr
Hope, AR 71801
Super 8 by Wyndham Hope · Hospitality Property For Sale
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33,143 SF
INVESTMENT HIGHLIGHTS
- Two-Story, 100-Room, Exterior Corridor Hotel
- Seller Financing Available with 25% Down Payment for a Well-Quali?ed Buyer
- 2019 RevPAR Penetration Index of 116 Percent
- Priced Below Replacement Cost at $27,500 Per Key
- Located, with Great Visibility, off Interstate 30, the Largest Highway in Hope
- Offered Fee Simple, Unencumbered by a Management Contract or Debt
PROPERTY FACTS
| Property Type | Hospitality | Building Size | 33,143 SF |
| Property Subtype | Hotel | No. Stories | 2 |
| Building Class | C | Year Built/Renovated | 1974/2017 |
| Lot Size | 6.77 AC | Parking Ratio | 3.89/1,000 SF |
| Construction Status | Converted | Corridor | Exterior |
| Zoning | C-2 - Highway Commercial | ||
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | C |
| Lot Size | 6.77 AC |
| Construction Status | Converted |
| Building Size | 33,143 SF |
| No. Stories | 2 |
| Year Built/Renovated | 1974/2017 |
| Parking Ratio | 3.89/1,000 SF |
| Corridor | Exterior |
| Zoning | C-2 - Highway Commercial |
AMENITIES
- Business Center
- High Speed Internet Access
- Public Access Wifi
ABOUT 2000 HOLIDAY DR , HOPE, AR 71801
Property Overview: The Super 8 by Wyndham Hope is a 100-room, two-story hotel that was built in 1974. Each guest room features a refrigerator, microwave, desk with ergonomic chair, seating area, and ?at-screen television. The common amenities include a sundries mart, outdoor swimming pool, picnic area, grill, business center. coined laundry facility, lobby, breakfast area, and parking for bus and trucks. Location Overview: Hope, Arkansas is located in the southwest quadrant of the state and approximately two hours from the state capital, Little Rock. The Super 8 by Wyndham Hope is located on 2000 Holiday Drive at the junction of Interstate 20 and Highway 4 near several diverse room demand generators for business and leisure travelers. Recently announced the ?rst public trucking academy has been launched in Arkansas. The Arkansas Trucking Academy (ArkTA) is a group effort with ASU Three Reivers, UA Cossatot, UA Rich Mountain, and UA Hope/Texarkana (4.4 miles). There will be 20 courses offered annually, beginning in August 2021, and ease the constraints of increased demand in the trucking industry. In addition to educational institutions, manufacturing has also established a presence in the region. In early 2021 Dansons USA (5.3 miles) announced that it will open the country’s largest barbecue wood pellet mill and distribution center which will reside on 335,000 square feet and start with three pelleters and a 100,000-ton capacity to an eventual expansion to 300,000 tons and nine pelleters. Leisure travelers seek local attractions such as the President William Jefferson Clinton Birthplace Home National Historic Site (1.8 miles), the Washington State Park (8.2 miles), and the annual Watermelon Festival (2.1 miles). The Hope Municipal Airport is less than ?ve miles from the property.
PROPERTY TAXES
| Parcel Number | 700-04745-000-C | Improvements Assessment | $206,440 |
| Land Assessment | $58,160 | Total Assessment | $264,600 |
PROPERTY TAXES
