Hotel-Motel

American Best Inn

2002 Walker Dr, Brinkley, AR 72021

Listing Price: $1,200,000

Cap Rate
13.70%
Number of Rooms
39
Gross SF
13,974
Price/Room
$30,769
Price/Gross SF
$85.87
Year Built
1985

Investment Overview

This building was constructed in 1976 and recently renovated. The property features 2 stories (exterior corridor) and rests on a lot area of 2.01 acres. Located right off Interstate 40 between Little Rock and Memphis in Brinkley, this franchised hotel (American Best Inn) benefits from over 30,000 travelers that passthrough interstate 40 every day. In addition, the hotel will benefit from a new truck plaza that just opened March of 2020. A similar truck plaza opened 1 year ago off I40 and hotel occupancy doubled at that exit. In terms of major retail/fast food brands that will attract demand to the hotel, Wal-Mart has decided to bring a store to the exit along with Wendy’s. For all these reasons investing in Brinkley, specifically the American Best Inn at 2002 Walker Dr, Brinkley, AR, is a great opportunity to take advantage of a fairly priced asset with an ever growing amount of demand drivers coming to the area that are projected to continue to drive NOI for years to come.

Investment Highlights

  • Higher Gross Revenue in 2020 than 2019
  • Renovated in 2019
  • Strong performing roadside economy hotel that has not been affected by Covid-19

Exclusively Listed By

Broker of Record

  • Anne Williams

    First Vice President Investments

    License(s): AR: PB00066390

    Arkansas

Listing Price: $1,200,000

Cap Rate
13.70%
Number of Rooms
39
Gross SF
13,974
Price/Room
$30,769
Price/Gross SF
$85.87
Year Built
1985

Investment Highlights

  • Higher Gross Revenue in 2020 than 2019
  • Renovated in 2019
  • Strong performing roadside economy hotel that has not been affected by Covid-19

Investment Overview

This building was constructed in 1976 and recently renovated. The property features 2 stories (exterior corridor) and rests on a lot area of 2.01 acres. Located right off Interstate 40 between Little Rock and Memphis in Brinkley, this franchised hotel (American Best Inn) benefits from over 30,000 travelers that passthrough interstate 40 every day. In addition, the hotel will benefit from a new truck plaza that just opened March of 2020. A similar truck plaza opened 1 year ago off I40 and hotel occupancy doubled at that exit. In terms of major retail/fast food brands that will attract demand to the hotel, Wal-Mart has decided to bring a store to the exit along with Wendy’s. For all these reasons investing in Brinkley, specifically the American Best Inn at 2002 Walker Dr, Brinkley, AR, is a great opportunity to take advantage of a fairly priced asset with an ever growing amount of demand drivers coming to the area that are projected to continue to drive NOI for years to come.

Exclusively Listed By

Broker of Record

  • Anne Williams

    First Vice President Investments

    License(s): AR: PB00066390

    Arkansas

MM Texture Background
MM Textured Background Lower