Best Western Plus JFK Inn & Suites — Sale in North Little Rock, AR

  • Price: Contact for price
  • Listing type: For sale
  • Asset type: Hospitality Business
  • Location: North Little Rock, AR 72114
  • Year built: 2009

Photos

Best Western Plus JFK Inn & Suites — Sale in North Little Rock, AR, photo 1 of 6
Best Western Plus JFK Inn & Suites — Sale in North Little Rock, AR, photo 2 of 6
Best Western Plus JFK Inn & Suites — Sale in North Little Rock, AR, photo 3 of 6
Best Western Plus JFK Inn & Suites — Sale in North Little Rock, AR, photo 4 of 6
Best Western Plus JFK Inn & Suites — Sale in North Little Rock, AR, photo 5 of 6
Best Western Plus JFK Inn & Suites — Sale in North Little Rock, AR, photo 6 of 6

Investment Figures

Cap rate
1.00%

Derived from the asking price and operating figures published for this listing. Informational only — not an appraisal, valuation or financial advice. Verify independently before relying on any figure.

Description

As the exclusive representative of the seller, Marcus & Millichap is pleased to present for sale to qualified investors the Best Western Plus JFK Inn & Suites (“Hotel” or “Property”), an upper midscale hospitality property located at 2500 Main Street in North Little Rock, Arkansas. The Hotel is positioned along Interstate 40, an important east-west transportation corridor, and is well-suited for investors seeking stable cash flow from an established lodging operation in Arkansas’ cultural and economic center. The Hotel is offered at $4,200,000 or $64,615 per key. The four-story Property is comprised of 65 rooms and is positioned on a 0.97-acre parcel. Originally constructed in 2009, the Hotel was subsequently renovated in 2023 and features amenities designed to appeal to business and group travelers, including a business center, indoor pool, and fitness center. Strategically positioned in North Little Rock, the Property benefits from its proximity to numerous major demand generators and strong regional access supported by nearby Interstate 40, Interstate 30, and U.S. Highway 70. Close by to the state capital of Arkansas, the Hotel is less than five miles from major government buildings including the Arkansas State Capitol, the Pulaski County Government building, and the North Little Rock Justice Center. Likewise, the 32,000-acre Camp Robinson military base, a key driver of lodging demand for military personnel and civilian staff, is just 4.3 miles from the Property. The local economy is anchored further by the education and healthcare sectors, two reliable drivers of lodging demand due to campus visits and hospital stays. The University of Alabama at Little Rock, positioned less than 10 miles from the Property, boasts a 250-acre campus and is home to over 8,000 students. Arkansas Children's Hospital, a leading regional healthcare institution and one of the largest pediatric trauma centers in the country, serves approximately 195,000 patients and their families each

Market Context

This hospitality in North Little Rock, AR is listed for sale. It is offered at an approximate 1.0% capitalization rate, a key benchmark for income-producing hospitality assets. The building dates to 2009. Compare it against other hospitality listings for sale in North Little Rock, AR — view the full market.

Contact

Explore this market

Similar Hospitality Business for Sale in Arkansas