Skip to main content

Hotel-Motel

Days Inn by Wyndham

400 commerce Dr, Trumann, AR 72472

Listing Price: $2,275,000

Cap Rate
8.62%
Number of Rooms
54
RevPAR
$46
Gross SF
21,716
Price/Room
$42,130
RRM
2.91
Price/Gross SF
$104.76
Year Built
2004

Investment Overview

The National Hospitality Division of Marcus & Millichap is pleased to offer a fee simple Days Inn by Wyndham. Located just off I- 555 in Truman, Arkansas. The Wyndham- branded hotel is offered $2,275,000 which is priced below replacement cost at approximately $42,000 per key. Featuring a highly attractive 3 story façade as well as one story curb side rooms for a total 54 units. Total property is 3.7 acres or 21,716 gross square feet. The listing offers a attractive return with a Cap of 8.62%.

Investment Highlights

  • This fifty-four room Days Inn by Wyndham has three buildings with fill length maintenance corridor between rooms to facilitate plumbing and electrical work without damaging the interiors.
  • With room revenues between 706,000 and 793,000 annually since 2018, this property has delivered over $100,000 NOI over the same period.
  • This property also is the first hotel off the interstate between West Memphis and Jonesboro. It has a large percentage of regular route sales clientele and boasts the largest parking area in the area
  • Located in Poinsett County, the ADR of this Days Inn is over $70, compared to mid $40s for the adjacent county. There is a Wal-Mart, several QSR options as well as a liquor store, restaurant and more in walking distance.
  • This is an excellent entry level hotel, in very well-maintained facility, proven track record of performance through the pandemic. It also has a full staff eager to remain at the property.

Exclusively Listed By

Broker of Record

  • Anne Williams

    First Vice President Investments

    (901) 486-4376

    License(s) AR: PB00066390

    Arkansas

Listing Price: $2,275,000

Cap Rate
8.62%
Number of Rooms
54
RevPAR
$46
Gross SF
21,716
Price/Room
$42,130
RRM
2.91
Price/Gross SF
$104.76
Year Built
2004

Investment Highlights

  • This fifty-four room Days Inn by Wyndham has three buildings with fill length maintenance corridor between rooms to facilitate plumbing and electrical work without damaging the interiors.
  • With room revenues between 706,000 and 793,000 annually since 2018, this property has delivered over $100,000 NOI over the same period.
  • This property also is the first hotel off the interstate between West Memphis and Jonesboro. It has a large percentage of regular route sales clientele and boasts the largest parking area in the area
  • Located in Poinsett County, the ADR of this Days Inn is over $70, compared to mid $40s for the adjacent county. There is a Wal-Mart, several QSR options as well as a liquor store, restaurant and more in walking distance.
  • This is an excellent entry level hotel, in very well-maintained facility, proven track record of performance through the pandemic. It also has a full staff eager to remain at the property.

Investment Overview

The National Hospitality Division of Marcus & Millichap is pleased to offer a fee simple Days Inn by Wyndham. Located just off I- 555 in Truman, Arkansas. The Wyndham- branded hotel is offered $2,275,000 which is priced below replacement cost at approximately $42,000 per key. Featuring a highly attractive 3 story façade as well as one story curb side rooms for a total 54 units. Total property is 3.7 acres or 21,716 gross square feet. The listing offers a attractive return with a Cap of 8.62%.

Exclusively Listed By

Broker of Record

  • Anne Williams

    First Vice President Investments

    (901) 486-4376

    License(s): AR: PB00066390

    Arkansas

MM Texture Background
MM Textured Background Lower