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600 Interstate 30, Little Rock, AR, 72202

Holiday Inn Little Rock Downtown-Presidential

$9,950,000

Key Information

Cap Rate
8.61%
$ per SF
$142
Lot Size
1.23 Acres
Units
150
Year Built
1970 | 2023
Type
Hospitality
Occupancy
47.5%
NOI
$856,968
Leasable Area
69,888

Highlights

Increasing year-over-year revenue
Holiday Inn H5 Prototype
• IHG Guarantee for 20 year license renewal upon change of ownership.
• 2023 Renovation / Minimal PIP or Deficiency List
• Reinforced concrete construction material
A locally tailored approach to a consistent and trusted brand, the Holiday Inn Presidential is shrined in memorabilia dedicated to the Bill Clinton Presidential Center throughout the hotel, including autographed photos of US presidents who visited the area
Commercial Business District location
Regional network of four interstates feeding business & leisure travel (120,000+ VPD)
Walkability to River Market, Simmons Bank Arena, and Statehouse Convention Center
• This specific area of downtown Little Rock anchors government, healthcare, corporate, convention, and event-driven lodging from across the state and neighboring region
Little Rock National Airport (3.5 miles, 8 minute drive) sees 2.2M+ annual passengers
Top Employers: Entergy, Arkansas State Government, Baptist Health, University of Arkansas Medical Sciences, Arkansas Children’s Research & Hospital

Photos

Location

Agents

Broker of Record

Kyle Matthews

License # PB00084217 (AR)
MREIS AR Real Estate
1600 West End Ave, Ste. 1500 Nashville, TN 37203