Price Reduced - Economy Inn of Arkadelphia for Sale

Arkadelphia, AR (Clark County)

Seller Financing Available
Price Reduced - Economy Inn of Arkadelphia for Sale
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Asking Price: $1,095,000

Cash Flow: $141,868

Gross Revenue: $206,986

EBITDA: N/A

FF&E: N/A

Inventory: N/A

Real Estate: $1,200,800

Established: N/A

Price Reduced - Economy Inn of Arkadelphia for Sale

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Business Description

Very nice motel for sale in busy college town of Arkadelphia, Arkansas. Located just off busy interstate exit 78 and close to two local colleges and popular Lake Degray. 53 rooms along with 2 bedroom living quarters for owner/manager. This property was a Days Inn Franchise until June of 2018, same owner has now taken it private. A permit has been issued to begin work on a Paper Mill Project that will cost $2.5 Billion and bring in 2,000 workers to the area. Work is scheduled to begin in August of 2019 and last approximately 2 years. This property is assessed for $1,200,800. Average daily rate is $40 and average occupancy is 50%.

Detailed Information

Location:
Arkadelphia, AR
Real Estate:
Owned
Included in asking price
Building SF:
19,434
Employees:
5
Facilities:
Approximately 1.1 acres and 19,434 square feet with close interstate access
Competition:
Usual amount of competition. Market is about to have approximately 2,000 new workers in August for construction of paper mill.
Growth & Expansion:
New paper mill construction is a big plus for the area.
Financing:
Seller Financing Available for Qualified Buyer
Support & Training:
Will train for 30 days included in sales price
Reason for Selling:
Retirement
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(from currently available funds)
 
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Eric Shelnut

Business Listed By:
Eric Shelnut

Century 21 Commercial Parker & Scroggins Realty

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