1127 E Hwy 62
Mountain Home, AR 72653

Marcus & Millichap has been selected to exclusively market for sale the Ramada Mountain Home located at 1127 Highway 62 East in Mountain Home, Arkansas. The subject property features 17 exterior corridor guest rooms and 61 interior corridor guest rooms, in addition to amenities such as a complimentary hot breakfast, indoor pool, business center and meeting space. The Ramada Mountain Home is priced competitively below replacement cost at a price per key of $33,333 at a total room count of 78 rooms. The hotel currently generates $665,906 in annual room revenue and also receives revenues from three different leased spaces. The Pizza Inn is an on-site restaurant with a bar that signed a 30-year lease in 2016 at $1,500 per month for the first three years of the lease with an increase to $2,000 for the following two year and 10 percent rent increases every five years after the first five years. Next, an ice cream shop signed a three-year lease starting January 2018 at $1,500 a month. Thirdly, a hair salon has leased space from this hotel for the last 15 years at $475 a month. Together, these multiple streams of revenue contribute to strong financial performance.