2407 N Arkansas Ave | Russellville, AR 72802
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2407 N Arkansas Ave
Russellville, AR 72802
Clarion Inn and Suites Russeville · Hospitality Property For Sale · 70 Rooms
Investment Highlights
- Opportunistic time to purchase! Casino just locally approved!
- Perfect size-hotel to streamline costs/expenses, in turn, positive cash flow (NOI) with any new buyer!
- On over 4+ acres
- This hotel has lots of upside potential.
- Huge upside: 2 unused bldgs. | 70 total rooms (40+30) | Dual Branding Opportunity
- Full-service w/ nice restaurant & bar
PROPERTY FACTS
| Property Type | Hospitality | No. Rooms | 70 |
| Property Subtype | Hotel | No. Stories | 2 |
| Building Class | B | Year Built/Renovated | 1964/2017 |
| Lot Size | 3.05 AC | Parking Ratio | 1.86/1,000 SF |
| Building Size | 82,793 SF | Corridor | Exterior |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | B |
| Lot Size | 3.05 AC |
| Building Size | 82,793 SF |
| No. Rooms | 70 |
| No. Stories | 2 |
| Year Built/Renovated | 1964/2017 |
| Parking Ratio | 1.86/1,000 SF |
| Corridor | Exterior |
Amenities
- Business Center
- Fitness Center
- Pool
- Restaurant
- Room Service
- High Speed Internet Access
- Patio
- On-Site Bar
- Meeting Event Space
- Public Access Wifi
- Smoke-Free
Room Mix Information
| Description | No. Rooms | Daily Rate | SF |
|---|---|---|---|
| Suite | 7 | $98.00 | - |
| Guest Room | 63 | $72.00 | - |
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $284,776 | |
| Land Assessment | $199,624 | Total Assessment | $484,400 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$199,624
Improvements Assessment
$284,776
Total Assessment
$484,400
zoning
| Zoning Code | Commercial (Commercial) |
| Commercial (Commercial) |
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