1520 E Main St - Hospitality FOR SALE


Blytheville, AR 72315
$2,150,000 USD
629-262-0382
1520 E Main St, Blytheville, AR for Sale
$2,150,000 USD
Hospitality - FOR SALE
1/6
null | 13.95% Cap Rate

1520 E Main St
Blytheville, AR 72315


HIGHLIGHTS

  • Consistent $1.2M+ annual revenue over the last four years with upside potential.
  • Offered at an attractive All-In 2.85x room revenue multiple including upgrades.
  • Concrete and rebar construction provides long-term investment durability.
  • Prime Main Street location with I-55 visibility and 5.01-acre parcel.
  • Near nine steel manufacturing headquarters, driving steady demand.
  • Significant logistics and distribution hub with strong industrial base.

OVERVIEW

Chris Beavers and Mitch Glasson are pleased to present this exceptional opportunity to acquire this well-positioned, 105 key Quality Inn 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 Quality Inn was built with reinforced concrete construction and has received consistent, preventative maintenance by the original owner over the course of its life time. As it sits on 5 acres of real estate, the new buyer will have ample room for additional developments or leverage to sell part of the parcel to a developer looking to build on this I-55 / Main Street corridor. ***Unauthorized visits or communication with on-site staff will result in buyer disqualification*** 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

$2,150,000 USD

PRICE/SF

$65 USD /SF

# OF ROOMS

105

PRICE/ROOM

$20,476 {currency}

CAP RATE

13.95%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Quality Inn Blytheville

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

2

ROOM ENTRANCE

Exterior

BUILDING CLASS

B

YEAR BUILT

1965

PARKING SPACES

141

LAND DETAILS

LAND ACRES

5.01 AC

LAND SF

218,062 SF

ZONING

Commercial

APN/PARCEL ID

305-00200-000

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.