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- LoopNet Team
294 Highway 79
Marianna, AR 72360
Sands Motel · Hospitality Property For Sale
·
4,407 SF
INVESTMENT HIGHLIGHTS
- Located on approximately 1- acre lot, direct access to Highway 79.
- - average occupancy is around 65-70%
PROPERTY FACTS
| Property Type | Hospitality | No. Stories | 1 |
| Property Subtype | Hotel | Year Built | 1970 |
| Building Class | C | Parking Ratio | 6.81/1,000 SF |
| Lot Size | 0.82 AC | Corridor | Exterior |
| Building Size | 4,407 SF | ||
| Zoning | C-2 - Commercial | ||
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | C |
| Lot Size | 0.82 AC |
| Building Size | 4,407 SF |
| No. Stories | 1 |
| Year Built | 1970 |
| Parking Ratio | 6.81/1,000 SF |
| Corridor | Exterior |
| Zoning | C-2 - Commercial |
AMENITIES
- High Speed Internet Access
- 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.
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $11,287 | |
| Land Assessment | $2,300 | Total Assessment | $13,587 |
PROPERTY TAXES
