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Hotel-Motel

TownePlace Suites Little Rock West

12 Crossings Ct, Little Rock, AR 72205

Listing Price: $8,900,000

Cap Rate
9.80%
Number of Rooms
92
RevPAR
$70
Gross SF
50,464
Price/Room
$96,739
Price/Gross SF
$176.36
Year Built
2009

Investment Overview

Marcus & Millichap has been chosen to exclusively market for sale the TownePlace Suites Little Rock West in Little Rock, Arkansas. The property is four stories with 92 all-suites rooms each with a kitchenette, and was newly renovated in September of 2024. Located along the I-430, less than 15 minutes away from Downtown Little Rock

TownePlace Suites by Marriott is conveniently located in West Little Rock by the Shackleford Crossing Shopping Center. During your stay, easily get to attractions like the Simmons Bank Arena, the Little Rock Zoo, the Outlets of Little Rock, and the University of Arkansas at Little Rock. It's also near Arkansas Children's Hospital, UAMS Medical Center, and offices for AT&T.

Investment Highlights

  • Renovated Extended-Stay hotel - Over $1M in Capex (Completed 2025)
  • Located 10 minutes away from Downtown Little Rock
  • Major POI's nearby: River Market Entertainment District, Statehouse Convention Center, Simmons Bank Arena, and War Memorial Stadium
  • Less than a 20-minute drive to/from Bill & Hillary Clinton National Airport (LIT) - which also had a 6% increase in passenger travel since last year
  • Over 10 Major Hospitals and Colleges/Universities all within a 5-mile radius, perfectly located to service the Extended-Stay Guest Demand
  • Offered Fee Simple, Unencumbered by Management

Exclusively Listed By

Broker of Record

  • Steve Greer

    First Vice President Investments

    (225) 376-6729

    License(s) AR: PB00098133

    Arkansas

Financing By

Hotel-Motel

TownePlace Suites Little Rock West

Listing Price: $8,900,000

Cap Rate
9.80%
Number of Rooms
92
RevPAR
$70
Gross SF
50,464
Price/Room
$96,739
Price/Gross SF
$176.36
Year Built
2009

Investment Highlights

  • Renovated Extended-Stay hotel - Over $1M in Capex (Completed 2025)
  • Located 10 minutes away from Downtown Little Rock
  • Major POI's nearby: River Market Entertainment District, Statehouse Convention Center, Simmons Bank Arena, and War Memorial Stadium
  • Less than a 20-minute drive to/from Bill & Hillary Clinton National Airport (LIT) - which also had a 6% increase in passenger travel since last year
  • Over 10 Major Hospitals and Colleges/Universities all within a 5-mile radius, perfectly located to service the Extended-Stay Guest Demand
  • Offered Fee Simple, Unencumbered by Management

Investment Overview

Marcus & Millichap has been chosen to exclusively market for sale the TownePlace Suites Little Rock West in Little Rock, Arkansas. The property is four stories with 92 all-suites rooms each with a kitchenette, and was newly renovated in September of 2024. Located along the I-430, less than 15 minutes away from Downtown Little Rock TownePlace Suites by Marriott is conveniently located in West Little Rock by the Shackleford Crossing Shopping Center. During your stay, easily get to attractions like the Simmons Bank Arena, the Little Rock Zoo, the Outlets of Little Rock, and the University of Arkansas at Little Rock. It's also near Arkansas Children's Hospital, UAMS Medical Center, and offices for AT&T.

Exclusively Listed By

Broker of Record

  • Steve Greer

    First Vice President Investments

    (225) 376-6729

    License(s): AR: PB00098133

    Arkansas

Financing By

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