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Holiday Inn Express & Suites Hotel
For Sale
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8 Bruce Street, Morrilton, AR 72110

Holiday Inn Express & Suites offers an indoor heated pool, fitness center, and free hot breakfast with in-room microwaves and refrigerators.

Property SizeContact for details
Days on Market120

Property Features for 8 Bruce Street

General Information

Standard status Active
Property subtype Hospitality

Financials

Cap Rate 10.35%
Business Included Yes

Additional Details

Highway Access Yes

Building Details

Tenancy Single
Listing Agency: Marcus & Millichap - Austin
Listed By: Steve Swenholt · License #TX 629020
Source: Crexi
Added: Apr 11 Changed: Aug 8 Last Checked: Jul 21 at 4:47AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Marcus & Millichap - Austin

Investment Insights

Based on property information with market context.

Holiday Inn Express & Suites is a smoke-free hotel offering amenities that include an indoor heated pool, a fitness center, and free full hot breakfast. The property also provides flexible meeting space with on-site AV. Guest rooms include a microwave, refrigerator, and a 42-inch flat-panel HDTV.

The hotel is located off Interstate Highway 40 with excellent visibility and is also connected to Highway 9 in the heart of Morrilton. It’s described as being within walking distance of dining options and near local attractions, including Petit Jean State Park, the Arkansas River, and the Museum of Automobiles. The University of Arkansas Community College at Morrilton is also stated as being a short walk away.

As presented for sale by Marcus & Millichap, the offering highlights historically strong cash flow and a stated 10.35 percent cap rate.

Key Highlights

  • Holiday Inn Express & Suites hotel in Morrilton, AR, located off Interstate Highway 40 and Highway 9
  • Offered at a 10.35% cap rate with historically strong cash flow
  • Indoor heated pool plus fitness center

Property Analytics

Current Use

Hotels

Suggested Use

Top Pick Garden Center Plumbing Service Kitchen & Bath Showroom Bakery Cafe & Coffee Shop Building Supply

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Single-tenant
Tenancy
Turnkey business
Opportunity
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

372
Businesses Nearby

Demographics for 72110, AR

11,507
Population
5,021
Households
2.3
Avg Household Size
40
Median Age
17%
College-Educated
90%
High-School Grad
117.3 sq mi
ZIP Area
98
Density / Sq Mi
$47,439
Median Household Income
$29,722
Median Earnings
$704
Median Rent
$146,400
Median Home Value
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Hotel - Holiday Inn Express & Suites offers an indoor heated pool, fitness center, and free hot breakfast with in-room microwaves and refrigerators.
Where is this hotel located?
The property is located at 8 Bruce Street Morrilton, AR.
What are key features of this property?
This property features: Holiday Inn Express & Suites hotel in Morrilton, AR, located off Interstate Highway 40 and Highway 9; Offered at a 10.35% cap rate with historically strong cash flow; Indoor heated pool plus fitness center
More about this property
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