1510 E Main St - Hospitality FOR SALE


Blytheville, AR 72315
$7,150,000 USD
629-262-0382
1510 E Main St, Blytheville, AR for Sale
$7,150,000 USD
Hospitality - FOR SALE
1/9
null | 12.12% Cap Rate

1510 E Main St
Blytheville, AR 72315


HIGHLIGHTS

  • Recently renovated in 2021, Comfort Inn & Suites offers 78 keys and 47,980 SF on 2.71 acres.
  • Priced at $8,150,000 with a 10.63% cap rate and $781,018 projected NOI for 2025.
  • Prime I-55 visibility and access on Blytheville’s main commercial corridor.
  • Consistently high guest satisfaction with 4.2/5 Google rating and 1,500+ reviews.
  • Average monthly visits exceed 3,791, with strong national brand percentile rank of 76%.
  • Excellent financing leverage available with SBA and CMBS loan options.

OVERVIEW

Chris Beavers and Mitch Glasson are pleased to present this exceptional opportunity to acquire this well-positioned Comfort Inn & Suites Blytheville, AR. Located along I-55 in the Nation's 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. Biannual shutdowns and a pipeline of manufacturing plant expansions and development provide continuous cashflow and revenue spikes for the future owner. This Comfort is for sale by the original developer who custom built the property with tall ceilings, adjoining rooms, and private patios. ***Unauthorized visits or communication with on-site staff will result in buyer disqualification*** Comfort Inn & Suites Highlights Guest Satisfaction & Amenities: First floor rooms offer guests high, vaulted ceilings and premium ‘Suites’ that consistently sell for $10 to $15 higher ADR. Over 1,500 Google Reviews with 4.2 out of 5 stars dating back to the original 2009 build and opening date. Choice Dominance: A Buyer could purchase the Comfort Inn & Suites and the neighboring Quality Inn to have a complete monopoly on Choice product in Blytheville, AR, while also engaging in Economies of Scale through labor and designated GM, or management company running both hotels. Favorable Financing & Cash Flows: The hotel’s stable performance and 2025 NOI support excellent financing leverage with the attractive asking price of $7,750,000, reflecting a 10.08% Cap Rate if run with professional 3rd party management for a 3% fee, or an 11.18% Cap Rate if self-operated (“Owner/User”). Cash-on-Cash Return & Principal Reduction: The average Cash-on-Cash return for SBA 504 is 18.40%, which would recoup the Buyer’s initial cash down payment in less than six (6) years while also building equity via loan payments paying down the principal loan balance. Strategic Location & Market Positioning: Situated at 1510 E. Main Street: Excellent I-55 visibility and direct access, the hotel occupies a prime position on Blytheville’s main commercial corridor. The 2.71-acre site and convenient interstate location capture both transient and extended-stay demand effectively. 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

$7,150,000 USD

PRICE/SF

$149 USD /SF

# OF ROOMS

78

PRICE/ROOM

$91,667 {currency}

CAP RATE

12.12%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Comfort Inn & Suites Blytheville

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

3

ROOM ENTRANCE

Interior

BUILDING CLASS

B

YEAR BUILT

2008

PARKING SPACES

64

LAND DETAILS

LAND ACRES

2.71 AC

LAND SF

118,048 SF

ZONING

CI

APN/PARCEL ID

305-00200-100

ASK ABOUT THIS PROPERTY

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

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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.