4691 US-63N
Marked Tree, AR 72365
Travelair Motel · Hospitality Property For Sale
·
20,000 SF
PROPERTY FACTS
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | C |
| Lot Size | 7.26 AC |
| Building Size | 20,000 SF |
| No. Stories | 1 |
| Year Built | 1963 |
| Corridor | Exterior |
| Zoning | Commercial |
AMENITIES
- Restaurant
- Meeting Event Space
ABOUT 4691 US-63N , MARKED TREE, AR 72365
Priced way below market value for fast sale. Motel operates on an "as is" basis. Renovations can be performed over time. There are 42 motel rooms, a bar and restaurant, plus an additional seven acres of land for future development. Less than one hour from Memphis, Tennessee. The motel is operating currently. Therefore, a savvy operator can generate revenue while renovating rooms one by one.
PROPERTY TAXES
| Parcel Number | 222-01313-0000 | Improvements Assessment | $11,160 |
| Land Assessment | $23,580 | Total Assessment | $34,740 |
