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1800 Holiday Dr
Hope, AR 71801

Best Western Hope · Hospitality Property For Sale · 28,744 SF

Investment Highlights

  • Two-Story, 71-Room, Exterior-Corridor Hotel Renovated in 2017
  • Excellent Access and Visibility from Interstate 30 and Highway 278
  • Offered Fee Simple, Unencumbered by Management Contact and Debt
  • Priced Below Replacement Cost at $54,930 Per Key
  • Operational Upside for Hands-On Owner-Operator Experienced in Revenue Management to Capitalize on a 3.19 RRM

PROPERTY FACTS

Property Type Hospitality
Property Subtype Hotel
Building Class C
Lot Size 3.24 AC
Building Size 28,744 SF
No. Stories 2
Year Built/Renovated 1984/2017
Corridor Exterior

Amenities

  • Business Center
  • Pool
  • Shuttle Service

About 1800 Holiday Dr , Hope, AR 71801

The Best Western Hope is a 71-room, two-story Hotel that was built in 1984 and renovated in 2017 with a new roof installed in 2021. Each guest room features a refrigerator, microwave, desk with an ergonomic chair, and television. The common amenities include an airport shuttle service, outdoor pool, business center, guest laundry facilities, and ice/vending machines.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
700-04747-000-C
Land Assessment
$58,020
Improvements Assessment
$215,670
Total Assessment
$273,690

zoning

Zoning Code Commercial (commercial)
Commercial (commercial)
  • Listing ID: 27369464

  • Date on Market: 12/22/2022

  • Last Updated:

  • Address: 1800 Holiday Dr, Hope, AR 71801

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