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