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2310 W Kingshighway Highway, Paragould, AR

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2310 W Kingshighway Highway

Paragould, AR 72450-3919


Property Type:Hospitality Number of Rooms:80 Status:Existing Year Built:-
Stories:2 Building Size:122,398 SF Land Area:4.25 AC (185,130 SF)
For Sale Price:$2,095,000 Price/Room:$26,188 Cap Rate:-

Parking:-


The Quality Suites is a beautiful 80-room, two-story, interior/exterior corridor, full-service hotel located along Paragould's main drag, Highway 412. The property is located close to Paragould's historic downtown area and is only minutes away from Arkansas State University and the Jonesboro Municipal Airport. The Quality Suites is adjacent to several restaurants like Chili's, Pizza Inn, and Burger King. The authentic Mexican restaurant, El Acapulco, is also a tenant of the hotels outlet. The Quality Suites offers guests a heated indoor swimming pool, fitness center, 5 meeting rooms that seat up to 500 people, continental breakfast, guest laundry, an onsite restaurant & separate lounge, etc. Room amenities include microwave, refrigerator, hair dryer, iron and ironing board, wireless internet, etc. The hotel is currently operating at a 62$ occupancy with A $64.00 ADR, not to mention the monthly rent income from the two outlet tenants.

Sale Notes:
The Quality Suites is a beautiful 80-room, two-story, interior/exterior corridor, full-service hotel located along Paragould' s main drag, Highway 412. The property is located close to Paragould' s historic downtown area and is only minutes away from Arkansas State University and the Jonesboro Municipal Airport. The Quality Suites is adjacent to several restaurants like Chili' s, Pizza Inn, and Burger King. The authentic Mexican restaurant, El Acapulco, is also a tenant of the hotels.

The Quality Suites offers guests a heated indoor swimming pool, Fitness center, 5 meeting rooms that seat up to 500 people, continental breakfast, guest laundry, an onsite restaurant & separate lounge, and much more. Room amenities include microwave, refrigerator, hair dryer, iron and ironing board, and wireless internet.
The property is located close to Paragould' s historic downtown area and is only minutes away from Arkansas State University and the Jonesboro Municipal Airport.

Hilco Real Estate
Jeff Azuse
(847) 418-2703




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