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Quality Inn & Suites JFK 500 W 29th St 108 Room Hotel North Little Rock, AR 72114 $2,550,000 ($23,611/Room) 7.33% Cap Rate
Investment Highlights
- Opportunity to increase occupancy, ADR, and RevPAR through strategic renovations, enhanced revenue management, and operational improvements.
- Minutes from Downtown Little Rock, Simmons Bank Arena, Bill & Hillary Clinton National Airport, Port of Little Rock, Camp Robinson, and Major Hospital
- Current operating performance provides meaningful opportunity for experienced ownership to improve market penetration, increase revenues, and expand p
Executive Summary
Alethes Realty, Inc.? is pleased to exclusively offer the Quality Inn & Suites JFK located at 500 W 29th Street, North Little Rock, AR 72114.? This 108-room hotel presents a significant investment opportunity in the thriving Central Arkansas market.?
Quality Inn & Suites offers investors the opportunity to acquire a nationally branded hotel in the Little Rock metropolitan area at a basis below replacement cost.? With a manageable renovation program, established operating history, and multiple opportunities to improve occupancy, ADR, and overall operating performance, the property presents a compelling value-add investment for experienced hospitality owners and operators.? New ownership has the opportunity to unlock additional value through strategic capital improvements, revenue management, and operational efficiencies while benefiting from the strength of the Choice Hotels franchise platform.?
Quality Inn & Suites offers investors the opportunity to acquire a nationally branded hotel in the Little Rock metropolitan area at a basis below replacement cost.? With a manageable renovation program, established operating history, and multiple opportunities to improve occupancy, ADR, and overall operating performance, the property presents a compelling value-add investment for experienced hospitality owners and operators.? New ownership has the opportunity to unlock additional value through strategic capital improvements, revenue management, and operational efficiencies while benefiting from the strength of the Choice Hotels franchise platform.?
Data Room Click Here to Access
- Offering Memorandum
Property Facts
Amenities
- Business Center
- Fitness Center
- Pool
- Meeting Event Space
- Public Access Wifi
About 500 W 29TH ST , NORTH LITTLE ROCK, AR 72114
Quality Inn & Suites presents an opportunity to acquire a nationally branded hotel in the rapidly growing Little Rock metropolitan area. The property offers immediate cash flow with substantial upside through operational enhancements, revenue management initiatives, and modest capital improvements. Located near major interstate corridors and surrounded by diverse economic demand generators, the hotel is well-positioned for an investor seeking to increase market share and maximize long-term value.
Room Mix Information
| Description | No. Rooms | Daily Rate | SF |
|---|---|---|---|
| Suite | 10 | $65.00 | - |
| Guest Room | 98 | $60.00 | - |
1 1
Fairly walkable
40/100
Exceptionally drivable
100/100
Limited public transit
30/100
Fairly bikeable
50/100
Property Taxes
| Parcel Number | 33N-215-00-087-01 | Improvements Assessment | $280,844 |
| Land Assessment | $86,716 | Total Assessment | $367,560 |
Property Taxes
Parcel Number
33N-215-00-087-01
Land Assessment
$86,716
Improvements Assessment
$280,844
Total Assessment
$367,560
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Quality Inn & Suites JFK | 500 W 29th St
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