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This Hospitality Property is no longer advertised on LoopNet.com.

2407 N Arkansas Ave
Russellville, AR 72802

Clarion Inn and Suites Russeville · Hospitality Property For Sale · 70 Rooms

Investment Highlights

  • Opportunistic time to purchase! Casino just locally approved!
  • Perfect size-hotel to streamline costs/expenses, in turn, positive cash flow (NOI) with any new buyer!
  • On over 4+ acres
  • This hotel has lots of upside potential.
  • Huge upside: 2 unused bldgs. | 70 total rooms (40+30) | Dual Branding Opportunity
  • Full-service w/ nice restaurant & bar

PROPERTY FACTS

Property Type Hospitality
Property Subtype Hotel
Building Class B
Lot Size 3.05 AC
Building Size 82,793 SF
No. Rooms 70
No. Stories 2
Year Built/Renovated 1964/2017
Parking Ratio 1.86/1,000 SF
Corridor Exterior

Amenities

  • Business Center
  • Fitness Center
  • Pool
  • Restaurant
  • Room Service
  • High Speed Internet Access
  • Patio
  • On-Site Bar
  • Meeting Event Space
  • Public Access Wifi
  • Smoke-Free

Room Mix Information

Description No. Rooms Daily Rate SF
Suite 7 $98.00 -
Guest Room 63 $72.00 -

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • 868-00002-000C
  • 868-00035-000C
Land Assessment
$140,260
Improvements Assessment
$200,090
Total Assessment
$340,350

zoning

Zoning Code Commercial (Commercial)
Commercial (Commercial)
  • Listing ID: 16418581

  • Date on Market: 6/22/2019

  • Last Updated:

  • Address: 2407 N Arkansas Ave, Russellville, AR 72802

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