1121 E Main St - Hospitality FOR SALE


Blytheville, AR 72315
$21,000,000 USD
629-262-0382
1121 E Main St, Blytheville, AR for Sale
$21,000,000 USD
Hospitality - FOR SALE
1/9
null | 9.02% Cap Rate

1121 E Main St
Blytheville, AR 72315


HIGHLIGHTS

  • Holiday Inn H5 prototype with $5M investment and minimal PIP responsibilities for new owner.
  • 154-room full-service hotel with above-average room sizes and fresh FF&E.
  • Consistently achieves $100+ RevPAR and features strong IHG brand performance.
  • Reinforced concrete construction built in 2011 ensures long-term durability and guest comfort.
  • Competitive amenities include four conference rooms, two restaurants, upscale bar, and large ballroom.
  • Offered by original developer at 2.67x 2025 revenue multiple.

OVERVIEW

Chris Beavers and Mitch Glasson are pleased to present this exceptional opportunity to acquire this we-positioned, 154 key Holiday Inn in Blytheville, AR. Located along I-55 in the regions most dense steel manufacturing hub, this property benefits from a thriving industrial economy that has experienced over $3 billion in steel manufacturing investment over the last 5 years. Bi-annual shutdowns and a pipeline of manufacturing plant expansions and development provide continuous cashflow for the future owner. This Holiday Inn is in a league of its own amongst its competition by offering 20,000 SF of event space, on-site bar and restaurant with a max occupancy of 300 people, and the attached Perkins franchised restaurant adding an additional $1,150,000 of revenue per year. The property's event space and full service kitchen makes it one of the largest and go-to banquet, wedding, and conference destinations in Mississippi County. ***Unauthorized visits or communication with on-site staff will result in buyer disqualification*** Broker of Record: Kyle Matthews MREIS AR Real Estate License # PB00084217 (AR) 1600 West End Ave, Ste. 1500 Nashville, TN 37203 (866) 889-0550

FOR SALE DETAILS

PRICE

$21,000,000 USD

PRICE/SF

$225 USD /SF

# OF ROOMS

154

PRICE/ROOM

$136,364 {currency}

CAP RATE

9.02%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Holiday Inn Blytheville

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

3

ROOM ENTRANCE

Interior

BUILDING CLASS

B

YEAR BUILT

1971

PARKING SPACES

307

LAND DETAILS

LAND ACRES

5.16 AC

LAND SF

224,650 SF

ZONING

CI

APN/PARCEL ID

305-00219-000

ASK ABOUT THIS PROPERTY

Chris BeaversMatthews Real Estate Investment ServicesMore Info
629-262-0382

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

Chris BeaversMatthews Real Estate Investment ServicesMore Info
629-262-0382

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