Share This Listing

Message

937 characters remaining

Hmm, there seems to have been an error sending your message. Please try again.

Your email has been sent.

Still interested?

Contact the broker for more information about this property

Comfort Suites Jonesboro 3404 Access Rd 79 Room Hotel Jonesboro, AR 72401 $5,300,000 ($67,089/Room) 11.51% Cap Rate

Save this listing!

Favorite this listing to get notified of price updates, new media and more

EXECUTIVE SUMMARY

Back on the market with a price reduction to $5.3M (approx. $56.9K/key).
79-key, 2008-built interior-corridor hotel just off I-555/US-63 in Jonesboro, AR—minutes to Arkansas State University (13k+ students), St. Bernards Medical Center, and NEA Baptist. Strong, diversified demand from university, healthcare, and nearby manufacturing (Nestlé, Frito-Lay, Unilever, Hytrol) plus retail growth along the US-49 corridor. Clear value-add via renovation and focused revenue management; operational upside from payroll and variable cost controls in a favorable tax environment. Recent upgrades (2022–2023) include water heaters, pool equipment, and fitness equipment; last major Rise & Shine PIP in 2016. Performance highlights: peak revenue $2.44M (2017); 2024: $1.59M; 2025 YTD (through July): $851K—demonstrating recovery potential with a refresh and active sales/RM execution.
OM & financials available. Tours now scheduling; ownership prioritizes clean, timely closes given renewed interest at the reduced price.

DATA ROOM Click Here to Access

PROPERTY FACTS

Price $5,300,000
Price Per Room $67,089
Sale Type Investment
Cap Rate 11.51%
Property Type Hospitality
Property Subtype Hotel
Building Class B
Lot Size 4.65 AC
Building Size 45,000 SF
No. Rooms 79
No. Stories 2
Year Built 2008
Parking Ratio 2.69/1,000 SF
Corridor Interior

AMENITIES

  • Business Center
  • Fitness Center
  • Pool
  • Meeting Event Space

ROOM MIX INFORMATION

DESCRIPTION NO. ROOMS DAILY RATE SF
Suite 79 $134.00 -

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
01-144284-06400
Land Assessment
$53,056
Improvements Assessment
$1,148,905
Total Assessment
$1,201,961
  • Listing ID: 34375984

  • Date on Market: 1/5/2025

  • Last Updated:

  • Address: 3404 Access Rd, Jonesboro, AR 72401

Link copied
Your LoopNet account has been created!

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, "rating") }}
255 character limit ({{ remainingChars() }} charactercharacters remainingover)
{{ getErrorText(feedbackForm.msg, "rating") }}
{{ getErrorText(feedbackForm.fname, "first name") }}
{{ getErrorText(feedbackForm.lname, "last name") }}
{{ getErrorText(feedbackForm.phone, "phone number") }}
{{ getErrorText(feedbackForm.phonex, "phone extension") }}
{{ getErrorText(feedbackForm.email, "email address") }}