10524 W Markham St - Hospitality FOR SALE


Little Rock, AR 72205- West Markham
$6,750,000 USD
214-226-7500
10524 W Markham St, Little Rock, AR for Sale
$6,750,000 USD
Hospitality - FOR SALE
1/14
null | 12.01% Cap Rate

10524 W Markham St
Little Rock, AR 72205
West Markham


HIGHLIGHTS

  • Dual brand Studio 6 & Motel 6 in Little Rock, Arkansas
  • Motel 6 - 103 rooms, Studio 6 - 35 rooms
  • Exterior corridors for convenient access
  • Outdoor pool for relaxation & On-site laundry facility
  • Conveniently located off high traffic I-430

OVERVIEW

Welcome to an exceptional opportunity in Little Rock, Arkansas! Presenting the dual-brand Studio 6 & Motel 6, this property boasts 138 spacious rooms across 3 floors, offering utmost convenience with exterior corridors and essential amenities. 103 of the rooms are Motel 6 rooms and 35 rooms are Studio 6 rooms. Guests can jump into relaxation at the outdoor pool, utilize the laundry facility, or grab a quick snack from vending machines. In-room amenities include cable, free WiFi, a microwave, and a mini fridge, all in a pet-friendly environment. Conveniently situated off the bustling I-430, just 3.6 miles from the captivating Little Rock Zoo and 11.2 miles from the Bill and Hillary Clinton National Airport. The Studio 6 Little Rock - West enjoys a prime location surrounded by various amenities and attractions. Restaurants in the vicinity offer diverse dining options, catering to various tastes and preferences. Nearby universities and colleges, including the University of Arkansas for Medical Sciences (UAMS) and the Baptist Health College, contribute to a vibrant atmosphere and potential clientele. Transportation options abound, with easy access to major roads like I-430 and proximity to public transport hubs, facilitating seamless travel for guests. For those in town for business, the hotel's proximity to major employers like Arkansas Blue Cross and Blue Shield and the state government offices provides a convenient stay. Little Rock boasts an array of attractions, including the captivating Little Rock Zoo just 3.6 miles away. The hotel's location, merely 11.2 miles from the Bill and Hillary Clinton National Airport, ensures convenient access for travelers. Visitors can explore the vibrant River Market District, the historic Arkansas State Capitol, or delve into the cultural scene at the Arkansas Arts Center. This area proves ideal for a hotel due to its strategic position near key transportation routes, proximity to educational institutions, major employers, diverse dining options, and a plethora of attractions, making it a prime spot for travelers seeking convenience and accessibility during their stay in Little Rock.

FOR SALE DETAILS

PRICE

$6,750,000 USD

PRICE/SF

$287 USD /SF

# OF ROOMS

103

PRICE/ROOM

$65,534 {currency}

CAP RATE

12.01%

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Motel 6 Studio 6 Little Rock West

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

3

ROOM ENTRANCE

Exterior

BUILDING CLASS

C

YEAR BUILT

1984

PARKING SPACES

55

LAND DETAILS

LAND ACRES

1.81 AC

LAND SF

78,844 SF

ZONING

O2

APN/PARCEL ID

44L-046-01-001-03

ASK ABOUT THIS PROPERTY

Salman TabaniTabani RealtyMore Info
214-226-7500

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Salman TabaniTabani RealtyMore Info
214-226-7500

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.