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Cozy Inn 424 Highway 65 Bus

17 Room Hotel Clinton, AR 72031 $401,000 ($23,588/Room)

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Investment Highlights

There is a need for long and short term rental property in the growing Clinton area.

Executive Summary

This property is well located, and includes 17 rooms and a manager's suite. Also, a metal roof is being installed. Great business opportunities. A visionary owner can add various income streams to the business. The location is central and in historic downtown Clinton. The opportunities are endless for those with a growth mindset and ambition. High long term rental demand, weekly & monthly. At current room rates, with 50% occupancy the projected gross income is $193,000 annually. With the current lack of affordable rental property in the area, this could be a prime site for remodeling to meet that need.

Property Facts

Price	$401,000	Building Size	6,010 SF
Price Per Room	$23,588	No. Rooms	17
Sale Type	Investment	No. Stories	1
Sale Conditions	Business Value Included	Year Built/Renovated	1950/2010
Property Type	Hospitality	Parking Ratio	10/1,000 SF
Property Subtype	Hotel	Corridor	Exterior
Building Class	C	Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Lot Size	0.51 AC

Price	$401,000
Price Per Room	$23,588
Sale Type	Investment
Sale Conditions	Business Value Included
Property Type	Hospitality
Property Subtype	Hotel
Building Class	C
Lot Size	0.51 AC
Building Size	6,010 SF
No. Rooms	17
No. Stories	1
Year Built/Renovated	1950/2010
Parking Ratio	10/1,000 SF
Corridor	Exterior
Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.