Skip to main content

Hotel-Motel

Baymont Inn & Suites Little Rock

2600 W 65th St, Little Rock, AR 72209

Listing Price: $1,900,000

Cap Rate
8.37%
Number of Rooms
70
RevPAR
$18
Price/Room
$27,143
RRM
4.14
Year Built
1965

Investment Overview

As the exclusive representative of the seller, Marcus & Millichap's National Hospitality Division is pleased to present for sale to qualified investors the Baymont Inn & Suites Little Rock (‘Hotel’ or ‘Property’). The Wyndham-branded Hotel is offered at $1,900,000 or $27,143 per key. The Baymont Inn & Suites Little Rock is a 70-room, interior-corridor, midscale Hotel established at 2600 West 65th Street, just off Interstate 30. The Property is approximately 43,100 square feet across two floors and maintains amenities including an outdoor pool, business center, and fitness center. Little Rock, Arkansas is a city located in Pulaski County in the central region of the state. The Baymont Inn & Suites Little Rock is ideally positioned off Interstate 30, providing high visibility to north/south transient and business travelers. With the region’s employers and popular revenue generators near the Property, this sought-after Hotel benefits from many key industries of the city which include aerospace & defense, manufacturing, technology, transportation, distribution, and agriculture. The city is home to the company headquarters of Dillard's, Windstream Communications, Acxiom, Stephens Inc., Heifer International, Winrock International, the Clinton Foundation, and the Rose Law Firm. Additional corporations, such as Amazon, Dassault Falcon Jet, LM Wind Power, Simmons Bank, Euronet Worldwide, AT&T, and Entergy have large operations in the city. These companies are prime revenue drivers for the surrounding area, bringing millions of business travelers to the city. According to Little Rock Convention & Visitors Bureau, 6.4 million tourists flood the city annually, generating $1.95 billion in travel spending. Leisure demand can be attributed to cultural institutions like the Arkansas Museum of Fine Arts, the Arkansas Repertory Theatre, the Arkansas Symphony Orchestra, and the Mosaic Templars Cultural Center. Furthermore, the University of Arkansas, which enrolls over 27,500 students, and the smaller colleges of Arkansas Baptist College and Philander Smith College host multiple sporting and educational events each year. The Clinton National Airport is less than seven miles from the Hotel, providing nationwide flights to over two million passengers yearly. This offering presents a new investor the opportunity to acquire a value-add hospitality asset at a price below replacement cost. The Baymont Inn & Suites Little Rock is priced to transact and will deliver favorable cash-on-cash returns for an experienced hotelier. An investor, looking to conduct themselves as an owner-operator, can further maximize profits through a reduction in management costs for the property.

Investment Highlights

  • Two-Story, 70-Room, Midscale Hotel within the Little Rock-North Little Rock-Conway Metropolitan Area
  • Priced Well Below Replacement Cost at $27,143 Per Key
  • Located in a Strong Little Rock Commercial Hub with Strategic Highway Position Offering Excellent Visibility
  • Operational Upside for Prospective Hands-On Owner-Operator Investor

Exclusively Listed By

Broker of Record

  • Anne Williams

    First Vice President Investments

    (901) 620-3600

    License(s) AR: PB00066390

    Arkansas

Hotel-Motel

Baymont Inn & Suites Little Rock

Listing Price: $1,900,000

Cap Rate
8.37%
Number of Rooms
70
RevPAR
$18
Price/Room
$27,143
RRM
4.14
Year Built
1965

Investment Highlights

  • Two-Story, 70-Room, Midscale Hotel within the Little Rock-North Little Rock-Conway Metropolitan Area
  • Priced Well Below Replacement Cost at $27,143 Per Key
  • Located in a Strong Little Rock Commercial Hub with Strategic Highway Position Offering Excellent Visibility
  • Operational Upside for Prospective Hands-On Owner-Operator Investor

Investment Overview

As the exclusive representative of the seller, Marcus & Millichap's National Hospitality Division is pleased to present for sale to qualified investors the Baymont Inn & Suites Little Rock (‘Hotel’ or ‘Property’). The Wyndham-branded Hotel is offered at $1,900,000 or $27,143 per key. The Baymont Inn & Suites Little Rock is a 70-room, interior-corridor, midscale Hotel established at 2600 West 65th Street, just off Interstate 30. The Property is approximately 43,100 square feet across two floors and maintains amenities including an outdoor pool, business center, and fitness center. Little Rock, Arkansas is a city located in Pulaski County in the central region of the state. The Baymont Inn & Suites Little Rock is ideally positioned off Interstate 30, providing high visibility to north/south transient and business travelers. With the region’s employers and popular revenue generators near the Property, this sought-after Hotel benefits from many key industries of the city which include aerospace & defense, manufacturing, technology, transportation, distribution, and agriculture. The city is home to the company headquarters of Dillard's, Windstream Communications, Acxiom, Stephens Inc., Heifer International, Winrock International, the Clinton Foundation, and the Rose Law Firm. Additional corporations, such as Amazon, Dassault Falcon Jet, LM Wind Power, Simmons Bank, Euronet Worldwide, AT&T, and Entergy have large operations in the city. These companies are prime revenue drivers for the surrounding area, bringing millions of business travelers to the city. According to Little Rock Convention & Visitors Bureau, 6.4 million tourists flood the city annually, generating $1.95 billion in travel spending. Leisure demand can be attributed to cultural institutions like the Arkansas Museum of Fine Arts, the Arkansas Repertory Theatre, the Arkansas Symphony Orchestra, and the Mosaic Templars Cultural Center. Furthermore, the University of Arkansas, which enrolls over 27,500 students, and the smaller colleges of Arkansas Baptist College and Philander Smith College host multiple sporting and educational events each year. The Clinton National Airport is less than seven miles from the Hotel, providing nationwide flights to over two million passengers yearly. This offering presents a new investor the opportunity to acquire a value-add hospitality asset at a price below replacement cost. The Baymont Inn & Suites Little Rock is priced to transact and will deliver favorable cash-on-cash returns for an experienced hotelier. An investor, looking to conduct themselves as an owner-operator, can further maximize profits through a reduction in management costs for the property.

Exclusively Listed By

Broker of Record

  • Anne Williams

    First Vice President Investments

    (901) 620-3600

    License(s): AR: PB00066390

    Arkansas

MM Texture Background
MM Textured Background Lower