8 Shackleford Dr - Hospitality FOR SALE


Little Rock, AR 72211- Walnut Valley
$4,100,000 USD
602-648-2700
8 Shackleford Dr, Little Rock, AR for Sale
$4,100,000 USD
Hospitality - FOR SALE
1/10
null | Request Cap Rate

8 Shackleford Dr
Little Rock, AR 72211
Walnut Valley


HIGHLIGHTS

  • 60 unit, three-story, interior corridor
  • Fully renovated in 2023
  • 2024 revenue: Over $1M with $478K NOI
  • Motivated seller - serious buyers are encouraged to bring offers in writing
  • Auto-transfer franchise agreement

OVERVIEW

Devesh "Devo" Ragha of NewGen Advisory is proud to present the Best Western (Shackleford), a midscale franchised hospitality asset located in the suburban heart of Little Rock, Arkansas. This three-story, 60-room hotel spans 34,034 square feet on a 1.03-acre commercially zoned parcel and offers strong operational upside following its June 2023 renovation. Originally opened in April 2000, the masonry-constructed property features interior corridors, a business center, pool, fitness center, 625 square feet of meeting space, and ample surface and covered parking. Currently operating under the trusted Best Western flag, the asset provides a solid foundation for investors seeking a reliable and well-maintained hotel in a dynamic market.

FOR SALE DETAILS

PRICE

$4,100,000 USD

PRICE/SF

$120 USD /SF

# OF ROOMS

60

PRICE/ROOM

$68,333 {currency}

CAP RATE

Request Cap Rate

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Best Western Shackleford

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

3

ROOM ENTRANCE

Interior

BUILDING CLASS

B

YEAR BUILT

2000

PARKING SPACES

56

LAND DETAILS

LAND ACRES

1.03 AC

LAND SF

44,691 SF

ZONING

Commercial

APN/PARCEL ID

44L-064-00-006-01

ASK ABOUT THIS PROPERTY

Devo RaghaNewGen AdvisoryMore Info
602-648-2700

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Devo RaghaNewGen AdvisoryMore Info
602-648-2700

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