912 US Highway 65/82 South | Lake Village, AR 71653
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- LoopNet Team
912 US Highway 65/82 South
Lake Village, AR 71653
Days Inn by Wyndham Lake Village · Hospitality Property For Sale
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28,309 SF
INVESTMENT HIGHLIGHTS
- Hotel carries consistent topline revenues with room revenue ranging from $837,000 to $966,000 between 2019 and 2022.
- Hotel includes a fully built-out owner's apartment.
- The property is available at a discount to its replacement cost at $62,500 per room.
- Increasing room revenue trend with June 2023 TTM of $476,000.
- Hotel achieved a 178.5% RevPAR penetration index compared to its competitive set in the STR Trend for 2022.
- Current ownership has completed all "Dawn" Phase II brand requirements and is continuing to renovate.
PROPERTY FACTS
| Property Type | Hospitality | No. Stories | 2 |
| Property Subtype | Hotel | Year Built/Renovated | 1997/2009 |
| Building Class | C | Parking Ratio | 3.07/1,000 SF |
| Lot Size | 1.57 AC | Corridor | Interior |
| Building Size | 28,309 SF | ||
| Zoning | Commercial - Commercial | ||
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | C |
| Lot Size | 1.57 AC |
| Building Size | 28,309 SF |
| No. Stories | 2 |
| Year Built/Renovated | 1997/2009 |
| Parking Ratio | 3.07/1,000 SF |
| Corridor | Interior |
| Zoning | Commercial - Commercial |
AMENITIES
- Business Center
- Pool
- High Speed Internet Access
- Patio
- Meeting Event Space
- Public Access Wifi
- Smoke-Free
PROPERTY TAXES
| Parcel Number | 030-00099-002C | Improvements Assessment | $200,800 |
| Land Assessment | $13,360 | Total Assessment | $214,160 |
PROPERTY TAXES
Parcel Number
030-00099-002C
Land Assessment
$13,360
Improvements Assessment
$200,800
Total Assessment
$214,160
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