1599 N 6th St, West Memphis, AR 72301

Building Details

Year Built

2024

Listing office Hilco Global

Listing date Sep 12, 2024

Source Crexi

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Overview

This newly opened, dual-branded Avid - Candlewood Suites by IHG, located in West Memphis, Arkansas, features 143 rooms. The hotel recently opened in early 2025. The finished hotel offers a blend of modern comfort and practicality for travelers. The Avid brand provides a refreshing and restful experience, while the Candlewood Suites caters to extended stays with spacious, fully-equipped suites. Both brands feature amenities like complimentary Wi-Fi, fitness centers, an indoor-outdoor pool and business facilities. The property is strategically located, offering convenient access to local attractions and major highways. With a focus on efficiency and comfort, this dual-branded property is well-suited for both short and long-term stays. The property size is 71,013 square feet. Projected Revenues: Year 1: $4,327,435 (68% Occ) Year 2: $4,723,772 (72% Occ) Year 3: $5,071,485 (75% Occ) Year 4: $5,223,355 (75% Occ) Year 5: $5,379,234 (75% Occ).

Suggested Use

Real Estate Agency Gym & Fitness Center Spa & Massage Center Skin Care Clinic Restaurant Building Supply Electrical Service Big Box & Wholesale Store Parking Lot & Garage Law Firm

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

• Map
• Local Demand

City

West Memphis

County

Crittenden

State

Arkansas

Longitude

-90.176831

Latitude

35.149467

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FAQs

What type of property is this?

Hotel - Newly opened 143-room Avid-Candlewood Suites by IHG.

Where is this hotel located?

The property is located at 1599 N 6th St West Memphis, AR.

What are key features of this property?

This property features: Newly constructed dual‑branded Avid - Candlewood Suites by IHG, opened in early 2025.; Projected Year 1 Revenue: $4,327,435 (68% Occupancy).; 143 rooms offering a blend of modern comfort and practicality.