Best Western Limited-Service
1800 Holiday Dr Hope, AR 71801
For Sale
Contact for pricing
Pending
71-room, two-story Best Western-branded hotel built in 1984 and renovated in 2017 with a new roof installed in 2021.
Days on Market103
Property Features for 1800 Holiday Dr
General Information
- Standard status
- Pending
- Property subtype
- Hospitality
Listing Agency:
Marcus & Millichap - Dallas
Listed By:
Skyler Cooper · License #TX 618787
Source:
Crexi
Added: Apr 12
Changed: Jul 21
Last Checked: Jul 22 at 6:09PM
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 - Dallas
Investment Insights
Based on property information with market context.
Best Western Hope is a 71-room, two-story limited-service hotel built in 1984 and renovated in 2017, with a new roof installed in 2021. Guest rooms are equipped with a refrigerator, microwave, desk with an ergonomic chair, and television. Common amenities include an outdoor pool, business center, guest laundry facilities, and ice/vending machines, along with an airport shuttle service.
The hotel is located at 1800 Holiday Drive at the junction of Interstate 30 and Highway 278. University of Arkansas Hope/Texarkana – Hope Campus is less than five miles away.
For the twelve-month period ending June 2022, the property reported RevPAR of $47.15 and an average ADR of $82.14 with occupancy at 57.4%. During the same period, it recorded over $1.2 million in revenue, with a RevPAR penetration index of 92% versus the STR competitive set.
The hotel is located at 1800 Holiday Drive at the junction of Interstate 30 and Highway 278. University of Arkansas Hope/Texarkana – Hope Campus is less than five miles away.
For the twelve-month period ending June 2022, the property reported RevPAR of $47.15 and an average ADR of $82.14 with occupancy at 57.4%. During the same period, it recorded over $1.2 million in revenue, with a RevPAR penetration index of 92% versus the STR competitive set.
Key Highlights
- Best Western Hope is a 71‑room, two‑story hotel built in 1984 and renovated in 2017.
- New roof installed in 2021; guest rooms include refrigerator, microwave, desk with ergonomic chair, and television.
- Property address is 1800 Holiday Drive at the junction of Interstate 30 and Highway 278 in Hope, Arkansas.
Property Analytics
Location Intelligence
Current Use by Public Records
Best Western Hope
Hotel & Motel
FAQs
What type of property is this?
Hotel - 71-room, two-story Best Western-branded hotel built in 1984 and renovated in 2017 with a new roof installed in 2021.
Where is this hotel located?
The property is located at 1800 Holiday Dr Hope, AR.
What are key features of this property?
This property features: Best Western Hope is a 71‑room, two‑story hotel built in 1984 and renovated in 2017.; New roof installed in 2021; guest rooms include refrigerator, microwave, desk with ergonomic chair, and television.; Property address is 1800 Holiday Drive at the junction of Interstate 30 and Highway 278 in Hope, Arkansas.
