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600 Interstate 30
Little Rock, AR 72202 Downtown Little Rock

$9,950,000 USD

Hotel For Sale  •  69,888 SF

Property Details

  • Property Type Hotel
  • Total Building Size 69,888 SF
  • Lot Size 1.23 AC
  • Building Class B
  • Year Built 1970
  • Cap Rate 8.61 %
  • Zoning C
50 Transit Score
50 Walk Score

Highlights

IHG Guarantee for 20-year license renewal upon change of ownership
2023 Renovation with minimal PIP or Deficiency List
Regional network of four interstates feeding business & leisure travel (120,000+ VPD)
Walkability to River Market, Simmons Bank Arena, and Statehouse Convention Center
Little Rock National Airport 3.5 miles away with 2.2M+ annual passengers
Downtown CBD anchoring government, healthcare, corporate, and convention lodging demand
Cap Rate: 8.61 %

Major Tenants

Tenant SF Occupied Lease End Date
Camp David

Public Transportation

Commuter RailDriveWalkDistance
5 min - 2.1 mi
AirportDriveWalkDistance
Bill and Hillary Clinton Ntl/Adams Field 8 min - 3.7 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 77
Type: Surface
Included in Rent: Yes
Chris Beavers 629-262-0382 Matthews Real Estate Investment Services
Chris Beavers 629-262-0382 Matthews Real Estate Investment Services