Investment Overview

As the exclusive representative of the seller, Marcus & Millichap is pleased to present for sale to qualified investors the Best Western Plus Searcy Inn (“Hotel” or “Property”), an upper midscale hospitality property located at 501 Willow Street in Searcy, Arkansas. The Hotel is positioned along Interstate 67, a busy north-south travel route, and is well-suited for investors pursuing stable cash flow from an established lodging operation along one of Arkansas’ most important economic corridors. The Hotel is offered at $5,500,000 or $77,464 per key. The three-story Property is comprised of 71 rooms and is positioned on a 1.38-acre parcel. Originally constructed in 1999, the Hotel features an efficient operating layout supported by 68 parking spots. The Hotel was subsequently renovated in 2020 and features amenities designed to appeal to business and group travelers, including a business center, indoor pool, fitness center, and 300 square feet of boardroom space Strategically positioned less than three miles from Downtown Searcy, the Property benefits from its proximity to numerous major demand generators and strong regional access supported by nearby Interstate 67, U.S. Highway 167 and U.S. Highway 64. The city’s economy is primarily anchored by the education, healthcare, manufacturing, and logistics sectors, and these same economic pillars support sustained, year-round demand for lodgings. Nearby colleges and universities include Arkansas State University at Searcy (1.5 mi) and Harding University (1.8 mi). Harding University is home to over 4,500 enrolled students and serves as the city’s primary driver of campus visitations and academic travel. Unity Health-Searcy Medical Center is located less than a mile from the Property and is the chief driver of healthcare related lodging demand in the area. The healthcare system operates a combined total of 502 beds across White County Medical Center, the system’s main campus, and a specialty care facility also located in Searcy. Demand for lodging in Searcy is also driven by the city’s sizeable presence of construction, trucking, distribution, and manufacturing employers. A large Wal-Mart distribution center, Land O’Frost production facility, Bryce Corporation warehouse, and Danfoss vehicle part manufacturing plant are all located within five miles of the Hotel. Additionally, the Searcy Regional Airport is located approximately 4.7 miles from the Property and plays a major role in expanding the city’s regional accessibility and facilitating year-round business travel. Searcy, Arkansas is a steadily growing city in White County, located approximately 50 miles northeast of Little Rock. Known for its strong sense of community, Searcy is home to Harding University, which plays a central role in the local economy and workforce development. The city hosts a variety of community events throughout the year and offers access to outdoor recreation, including nearby parks, rivers, and Greers Ferry Lake. Searcy’s location provides convenient connectivity to the Little Rock metro while maintaining a more affordable cost of living, with housing prices well below national averages. The area supports ongoing residential and commercial growth, bolstered by available land, reliable infrastructure, and a business-friendly environment. Additional advantages include access to regional transportation corridors, local incentives, and a supportive climate for small businesses and entrepreneurs. With a growing population base and proximity to major markets in central Arkansas, Searcy is well positioned for continued economic development and investment.