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    1309 N Mena, AR 71953

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    For Sale
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    58-Key Motel, Value-Add Opportunity

    Description

    Added:
    Feb 13, 2025
    Days on Market:
    328
    This fee-simple ownership opportunity presents a 58-key motel in Mena, Arkansas, a charming town nestled in the Ouachita Mountains. The property consists of two, two-story buildings situated on a 3.339-acre lot. Built in 1995 and recently renovated, the Sun Country Inn boasts a long-term profitability track record under the same ownership. Its location offers easy access to the Ouachita National Forest and the Talimena Scenic Drive, catering to outdoor enthusiasts. Mena's strategic position near the Arkansas/Oklahoma border and its proximity to abundant recreational opportunities, including ATV trails, positions this motel for significant growth. Furthermore, the area is poised for substantial economic development with preliminary approval for a $25,000,000 project encompassing the construction of mountain biking trails and a gondola system, expected to attract significant tourism and boost the local economy. This presents a compelling value-add investment opportunity in a rapidly developing area. The property is non-flagged and independently operated.

    Property Features for 1309 N

    General Information

    Property type
    Motels
    Lot Size
    145,447 SF

    Building Details

    Year Built
    1995
    Buildings
    2
    Stories
    2

    HighLights

    • Fee simple ownership of the Sun Country Inn, a 58‑key motel in Mena, AR.
    • Value‑add investment opportunity with recent renovations.
    • Two‑story, two‑building motel built in 1995, situated on a 3.339‑acre lot.
    • Broker co‑op available.
    • Located near the Arkansas/Oklahoma border, in a scenic area with abundant recreational opportunities, including proximity to the Quachita National Forest and Talimena Scenic Drive.
    Property Profile Location Intelligence

    Current Use by Public Records

    Motels

    Map

    City
    Mena
    County
    Polk
    State
    Arkansas
    Longitude
    -94.217613
    Latitude
    34.58564

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    FAQs

    What type of property is this?
    Motel - 58-Key Motel, Value-Add Opportunity
    Where is this motel located?
    The property is located at 1309 N Mena, AR.
    What are key features of this property?
    This property features: Fee simple ownership of the Sun Country Inn, a 58-key motel in Mena, AR.; Value-add investment opportunity with recent renovations.; Two-story, two-building motel built in 1995, situated on a 3.339-acre lot.
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    1309 N Mena, AR 71953
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1309 N Mena, AR 71953
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