Motel 6 Little Rock Airport

3200 Bankhead Dr, Little Rock, AR

$3,800,000

Price

10.06%

Cap Rate

$382,238.95

NOI

Overview
Cap Rate
10.06%
NOI
$382,238.95
Building Size
60,716 sqft
Lot Area
2.08 acres
Keys
109
Year Built
1986
Floors
2
Description

Tabani Realty is pleased to present Motel 6 located near the Little Rock, Arkansas Airport. The subject hotel has 109 guestrooms and is listed at under 35$K per key. The Motel 6 - Little Rock Airport offers 109 rooms with exterior corridors across 2 floors. The overall building size of the hotel is 60,716 SF and sits on 2.08 acres of land which is also included in the sale.

Little Rock is Arkansas’s capital located right alongside major highway I-30 connecting it directly with Dallas (TX) & Memphis (TN). In addition to its location directly across the highway from the Bill & Hillary Clinton National Airport, the Motel 6 is near several popular Little Rock attractions. The subject hotel is a 10-minute drive from the Clinton Presidential Library, the River Market District, and the Little Rock Central High School National Historic Site.

Little Rock is the capital and largest city of Arkansas, located along the Arkansas River. It has a rich history, particularly during the Civil Rights Movement and the desegregation crisis at Central High School in 1957. The city is known for its cultural landmarks, including the William J. Clinton Presidential Library and Museum, Central High School National Historic Site, and the Arkansas Arts Center. Little Rock offers beautiful natural scenery, with the Arkansas River and nearby Pinnacle Mountain State Park providing opportunities for outdoor activities.

The city has a diverse economy, with sectors such as healthcare, government, education, and manufacturing playing important roles. Little Rock is home to several universities and colleges, including the University of Arkansas at Little Rock. The city hosts various events and festivals throughout the year, showcasing its vibrant arts and music scene. Little Rock has a moderate climate, with hot summers and mild winters. The city is well-connected, with the Bill and Hillary Clinton National Airport serving as a major transportation hub.

Highlights
  • Strong positive financials
  • Little Rock - ranked highly for businesses & a great place to live
  • Located right next to I-30
  • Offered at current Cap rate of 10%
  • 3 min drive to LIT Airport
  • 9 min drive to Downtown Little Rock
Documents

Location
Gallery