310 Barrow Hill Rd - Hospitality FOR SALE


Forrest City, AR 72335
$1,900,000 USD
901-674-6105
310 Barrow Hill Rd, Forrest City, AR for Sale
$1,900,000 USD
Hospitality - FOR SALE
1/13
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310 Barrow Hill Rd
Forrest City, AR 72335


HIGHLIGHTS

  • Modern 42-room Econo Lodge built in 2016 with excellent visibility and direct access from I-40 Exit 241B, ideally positioned between Memphis (47 miles
  • Features a separate on-site manager’s residence (not counted in revenue rooms), enhancing operational oversight, staff retention, and security while p
  • Value-add opportunity at approximately $45,238 per key – focus on crew accounts, online optimization, and dynamic pricing with minimal repositioning c
  • Strong interstate-driven demand supported by high truck traffic, pass-through travelers, and Barrow Hill Road lodging/services cluster for easy walk-i
  • Diversified year-round demand from nearby anchors including Forrest City Federal Correctional Complex, East Arkansas Community College, Boar’s Head Pr
  • Additional weekend/leisure support from Village Creek State Park (~7,000 acres) plus ongoing local economic growth initiatives, Opportunity Zones, and

OVERVIEW

Investment Highlights: Econo Lodge Forrest City I-40, Forrest City, AR Offered at $1,900,000 Property Overview This modern 42-room limited-service Econo Lodge, built in 2016, features a 2-story exterior-corridor building with excellent visibility and easy access from Interstate 40 at Exit 241B—the primary east-west corridor between Memphis, TN (~47 miles west) and Little Rock, AR (~94 miles west). A dedicated on-site manager’s residence—fully separate from the 42 revenue rooms—includes master and guest bedrooms, full and half baths, living/dining areas, full kitchen with pantry, and small office. Dual access (private exterior and internal lobby connection) supports hands-on oversight, enhances security/service continuity, strengthens staff recruitment/retention, and lowers potential costs while preserving full guestroom inventory. At a value entry point of approximately $45,238 per room, a new owner can focus on actionable improvements—expanding crew accounts, optimizing online presence/reviews, and dynamic pricing for peak periods—without major repositioning capital. Location & Demand Drivers Positioned at 310 Barrow Hill Rd in Forrest City’s lodging cluster just off I-40 (Exit 241, ~0.4 miles from ramp), the property offers simple ingress/egress for transient guests. Interstate frontage drives consistent pass-through demand, walk-ins, and bookings, with nearby fuel, quick-service dining, and peer hotels aiding drive-up conversions. Commercial/Institutional Anchors (Short Drive): Forrest City Federal Correctional Complex (~4 miles): Contractors, training, visitation. East Arkansas Community College (~1.6 miles): Courses, events, faculty. Boar’s Head Provisions (W. Broadway): Food processing. Core-Mark (3400 Commerce Rd.): Distribution. These generate steady weekday nights and repeat accounts from drivers, technicians, and vendors. Leisure/Weekend Demand Nearby Village Creek State Park (~7,000 acres) provides trails, cabins, golf, and recreation, adding seasonal compression and shoulder-night pickup to complement midweek traffic. Eastern Arkansas I-40 features high truck volume (~60% on rural segments), signaling durable roadside demand for economy lodging. Market Drivers & Economic Outlook Prime Interstate Positioning — Natural overnight stop between major metros. Diversified Year-Round Base — Commercial anchors ensure weekday stability; recreation boosts weekends. Lodging Cluster Synergy — Supports rate integrity and conversions. Pro-Business Growth — Forrest City Chamber promotes industrial sites with I-40 access and cost advantages over Memphis/Little Rock, attracting contractors/suppliers. Anchors like Core-Mark and Boar’s Head drive logistics traffic. State/Regional Incentives — AEDC site-readiness programs; EAPDD grants; cash incentives; two Opportunity Zones for capital attraction. Workforce Pipeline — EACC training programs generate stays from trainees/faculty/vendors. Infrastructure Upgrades — $1.024B BEAD broadband funding; park/sports complex improvements enhance visitor experience and quality-of-life. Industrial Expansion — Phase II Industrial Park (~440 acres); shovel-ready sites outside floodplain. This resilient, diversified demand base is ideally suited for an economy limited-service hotel. Highly confidential. All tours must be scheduled with the broker. Contact Suresh Patel at 901-674-6105 or sureshipatel@moonrealtyusa.com

FOR SALE DETAILS

PRICE

$1,900,000 USD

PRICE/SF

$111 USD /SF

# OF ROOMS

42

PRICE/ROOM

$45,238 {currency}

CAP RATE

Request Cap Rate

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Econo Lodge Forrest City I-40

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

2

ROOM ENTRANCE

Interior

BUILDING CLASS

C

YEAR BUILT

2016

PARKING SPACES

39

LAND DETAILS

LAND ACRES

1.2 AC

LAND SF

52,272 SF

ZONING

C-1

APN/PARCEL ID

0800-00106-0000

ASK ABOUT THIS PROPERTY

Suresh PatelMoon Realty USA, LLCMore Info
901-674-6105

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Suresh PatelMoon Realty USA, LLCMore Info
901-674-6105

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