600 Interstate 30 - Hospitality FOR SALE


Little Rock, AR 72202- Downtown Little Rock
$13,242,221 USD
501-952-4975
600 Interstate 30, Little Rock, AR for Sale
$13,242,221 USD
Hospitality - FOR SALE
1/32
null | 9% Cap Rate

600 Interstate 30
Little Rock, AR 72202
Downtown Little Rock


HIGHLIGHTS

  • Number one ranked Little Rock hotel on TripAdvisor
  • The Holiday Inn Presidential has long been considered Little Rock’s flagship IHG property
  • Fully renovated, with no brand-mandated PIP
  • TripAdvisor guest reviews currently rank the property at 4.9 out of 5 stars
  • The Holiday Inn offers 150 guestrooms housed in an eight-story, concrete building
  • Situated on two parcels totaling 2.06 acres

OVERVIEW

The Holiday Inn Presidential has long been considered Little Rock’s flagship IHG property. It is fully renovated, with no brand-mandated PIP, and holds the number one ranking on TripAdvisor. TripAdvisor guest reviews currently rank the property at 4.9 out of 5 stars. Guests consistently recognize it as the city’s best stay, and corporate QA scores confirm that reputation with a 96 rating. In a market where many hotels wrestle with deferred maintenance or middling reputations, this one stands alone as the clear leader. Moses Tucker Partners has been exclusively retained to solicit offers to acquire the fee-simple interest in the Holiday Inn Presidential Downtown Little Rock, located at 600 I-30, Little Rock, Arkansas (the “Holiday Inn,” “Hotels,” “Asset,” or “Property”). Situated on the west side of I-30, the eight-story Holiday Inn is prominently positioned at the newly improved East 6th Street Exit, providing direct access and visibility to downtown Little Rock. This strategic location is ideal for visitors and motorists traveling along I-30 and I-40, offering convenient access to nearby corporate and government offices, universities, medical facilities, convention centers, and arts and entertainment attractions. The Holiday Inn is subject to a long-term license agreement with IHG (Holiday Hospitality Franchising, LLC). As the staff is not aware of the sale, please do not visit the property without an appointment and maintain full discretion. The Holiday Inn offers 150 guestrooms housed in an eight-story, concrete building, situated on two parcels totaling 2.06 acres. Acquired by ownership in March 2019, the Hotel underwent a $1.6 million renovation, or $8,700 per room, from fall 2019 through August 2023. The Holiday Inn’s guestrooms feature the brand's prototypical FF&E package. The Property offers a Camp David restaurant/bar, an outdoor pool, fitness center, and two meeting rooms with 3,100 square feet of event space. The Hotel offers surface parking and one level of underground parking. The Holiday Inn license expires on March 26, 2034, and the change of ownership PIP will be minimal. Premier Interstate Visibility Located along Arkansas’ busiest stretch of I-30 (136,000 vehicles per day), the Holiday Inn benefits from exceptional visibility and accessibility in the heart of downtown Little Rock. Robust Guest Offerings The Holiday Inn offers expansive meeting and event space, underground and surface parking, and a full suite of brand-standard amenities, catering to business, group, and leisure travelers alike. Walkable Downtown Location Ideally situated next to the Little Rock Visitor Information Center and within walking distance to the River Market District, the East Village District, the newly reimagined Arkansas Museum of Fine Arts ($150M renovation), and the Clinton Presidential Library. Proximity to Major Demand Drivers The hotel is near the Little Rock Convention Center, currently on pace for a record-breaking year, and just a short shuttle ride from the Clinton National Airport, Simmons Bank Arena (Arkansas’ premier entertainment venue), and UAMS Medical Center (the state’s leading medical research and care institution). It is also approximately one mile from the Robinson Center, a world-class concert and performing arts venue, as well as a state-of-the-art meeting facility located in the heart of downtown Little Rock. Surrounding Growth & Development Significant nearby projects include the Clinton Presidential Library expansion(Hillary Rodham Clinton Library and Institute), the Windgate Artspace Campus, Southern Tail Brewery, and the Interstate 30 Deck Park – a transformative green space project reconnecting downtown across I-30. Compelling Investment Metrics Offered well below replacement cost with an attractive in-place yield, the Holiday Inn represents a rare opportunity in a high-barrier, revitalized urban core.

FOR SALE DETAILS

PRICE

$13,242,221 USD

PRICE/SF

$189 USD /SF

# OF ROOMS

150

PRICE/ROOM

$88,281 {currency}

CAP RATE

9%

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Holiday Inn Little Rock-Presidential-Dwntn

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

8

ROOM ENTRANCE

Interior

BUILDING CLASS

B

YEAR BUILT

1971

PARKING SPACES

150

LAND DETAILS

LAND ACRES

2.06 AC

LAND SF

89,734 SF

ZONING

C

APN/PARCEL ID

34L-021-00-023-00

ASK ABOUT THIS PROPERTY

Fletcher HansonMoses Tucker PartnersMore Info
501-952-4975

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Fletcher HansonMoses Tucker PartnersMore Info
501-952-4975

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