Matthews Logo

Navigation Menu

1520 E Main St, Blytheville, AR, 72315

Quality Inn Blytheville
$2,150,000

Key Information

Cap Rate
9.86%
Tot. SF
33,250
Lot Size
5.01 Acres
$ per unit
$20,476
Units
105
Year Built
1965/2010/2025
Type
Hospitality
NOI
$174,978

Highlights

  • Revenue & Upside Potential: The property has generated consistent $1.2 million+ revenue over the last four years. At the offering price’s attractive Price Per Key Basis and Room Revenue Multiple basis, a Buyer will have peace of mind in improving performance – either through a Quality Inn PIP or conversion to an alternative brand – without overleveraging themselves as the initial purchase price allows for profitability.
  • Attractive 2.85x Room Revenue Multiple: Offered at just 2.85x All-In Room Revenue Multiple inclusive of investment upgrades to improve ADR and OCC for the new Owner. The pricing accounts for incoming supply. .
  • Construction Quality: The Quality Inn utilizes concrete and rebar (reinforced concrete) providing guests a pleasant calm and quiet experience in their rooms. This high-quality construction is built to last and will provide a new owner peace of mind in long-term investment, especially compared to cheaper build qualities today as a result of rising goods and labor costs.
  • Real Estate Fundamentals: Located directly on Main Street with I-55 visibility, the parcel boasts ideal market positioning. Situated on five (5) acres of land with restaurant income (7,782 average visits per month, Alpha Map) attachment, the next Owner will inherit a swath of conversion opportunities if desired.
  • Steel Manufacturing Hub: Blytheville is home to nine steel manufacturing and distribution headquarters, all located within 10 miles of the subject property. Representation includes companies like Nucor Steel, Big River Steel, Prospect Steel, Majestic Steel Distribution, PACO Steel of Arkansas, Friedman Industries Inc, Arkansas Steel Processing, Schueck Steel, and JMS Processing.
  • Distribution and Logistics: Blytheville, Arkansas, serves as a significant logistics and distribution hub, largely driven by its strategic location in the Mississippi River Delta and its industrial steel base. The area supports substantial industrial, agricultural, and transportation logistics, featuring infrastructure such as the Arkansas Aeroplex and Nuark Warehouse & Logistics.

Photos

Location

Agents

Broker of Record

Kyle Matthews

License # PB00084217 (AR)
Matthews Real Estate Investment Services, Inc
1600 West End Ave., Ste. 1500, Nashville, TN 37203