2407 N Arkansas Ave | Russellville, AR 72802
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2407 N Arkansas Ave
Russellville, AR 72802
Clarion Inn and Suites Russeville · Hospitality Property For Sale
·
70 Rooms
INVESTMENT HIGHLIGHTS
- Opportunistic time to purchase! Casino just locally approved!
- Perfect size-hotel to streamline costs/expenses, in turn, positive cash flow (NOI) with any new buyer!
- On over 4+ acres
- This hotel has lots of upside potential.
- Huge upside: 2 unused bldgs. | 70 total rooms (40+30) | Dual Branding Opportunity
- Full-service w/ nice restaurant & bar
PROPERTY FACTS
| Property Type | Hospitality | No. Rooms | 70 |
| Property Subtype | Hotel | No. Stories | 2 |
| Building Class | B | Year Built/Renovated | 1964/2017 |
| Lot Size | 3.05 AC | Parking Ratio | 2.36/1,000 SF |
| Construction Status | Converted | Corridor | Exterior |
| Building Size | 79,548 SF | ||
| Zoning | Commercial - Commercial | ||
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | B |
| Lot Size | 3.05 AC |
| Construction Status | Converted |
| Building Size | 79,548 SF |
| No. Rooms | 70 |
| No. Stories | 2 |
| Year Built/Renovated | 1964/2017 |
| Parking Ratio | 2.36/1,000 SF |
| Corridor | Exterior |
| Zoning | Commercial - Commercial |
AMENITIES
- Business Center
- Fitness Center
- Pool
- Restaurant
- Room Service
- High Speed Internet Access
- Patio
- On-Site Bar
- Meeting Event Space
- Public Access Wifi
- Smoke-Free
ROOM MIX INFORMATION
| DESCRIPTION | NO. ROOMS | DAILY RATE | SF |
|---|---|---|---|
| Suite | 7 | $130.00 | - |
| Guest Room | 63 | $99.00 | - |
PROPERTY TAXES
| Parcel Number | 868-00002-000C | Improvements Assessment | $181,824 |
| Land Assessment | $120,661 | Total Assessment | $302,485 |
PROPERTY TAXES
Parcel Number
868-00002-000C
Land Assessment
$120,661
Improvements Assessment
$181,824
Total Assessment
$302,485
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