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Holiday Inn Express Hotel
For Sale
$10,500,000

220 Eldridge Rd, Forrest City, AR 72335

Branded hotel with renovated guest accommodations, meeting space, pool, fitness center, and convenient Interstate 40 access.

Property Size56,684 SF
Lot Size2.26 Acres
Days on Market53

Property Features for 220 Eldridge Rd

General Information

Standard status Active
Size 56,684 SF
Total Parking Spaces 90
Lot size 2.26 Acres
Property subtype Hotel-Motel

Additional Details

Asking Price $10,500,000
Highway Access Yes

Amenities

business center
outdoor pool
fitness center
breakfast area
meeting and event space
Recently Renovated IHG Asset: Renovated in 2025, the 82-room Holiday Inn Express & Suites offers investors a well-maintained, institutional-quality asset with limited near-term capital needs.
Strategic Interstate 40 Freight Corridor Location: Positioned along Interstate 40 between Little Rock and Memphis, the Hotel benefits from consistent demand.
Stable Government and Employment Base: Supported by Federal Correctional Complex Forrest City—the area's largest employer—along with regional employers such as Boar's Head, Core-Mark and more.
Diverse Corporate, Healthcare & Educational Demand Base: The Hotel benefits from consistent lodging demand generated by major regional employers, including the nearby Core-Mark Distribution Center, as well as healthcare-related travel from Forrest City Medical Center. Approximately 2.5 Miles from East Arkansas Community College.
Outdoor Recreation and Tourism Appeal: Near Village Creek State Park, The Ridges at Village Creek Golf Course, and Parkin Archeological State Park.

Building Details

Building Size 56,684 SF
Year Built 2012
Year Renovated 2025
Stories 4
Listing Agency:
Listed By: Skyler Cooper · License #License(s): TX: 618787
Source: Marcusmillichap
Added: Jul 9 Changed: Aug 30 Last Checked: Aug 30 at 7:19AM

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 Skyler Cooper

Investment Insights

Based on property information with market context.

The Holiday Inn Express & Suites is an 82-room, four-story hotel on approximately 2.26 acres. Originally built in 2012, the property completed Formula Blue renovations in 2025. Guest amenities include a business center, outdoor pool, fitness center, breakfast area, 90 parking spaces, and approximately 1,100 square feet of meeting and event space.

Located along the Interstate 40 corridor in Forrest City, the hotel is approximately 48 miles west of Memphis and benefits from access to regional transportation, logistics, healthcare, education, and manufacturing demand. Nearby demand drivers include East Arkansas Community College, Forrest City Medical Center, Core-Mark Distribution Center, Downtown Forrest City, and Village Creek State Park.

Key Highlights

  • 82 guest rooms across four stories
  • Approximately 2.26 acres
  • Formula Blue renovations completed in 2025

Property Analytics

Current Use

Electric Circuit Charging ... Electric Vehicle Charging Station Holiday Inn Express ... Hotel & Motel

Suggested Use

Top Pick Parking Lot & Garage Auto Repair Shop (Bike/Boat/Book/etc) Store Clothing & Fashion Store Department Store

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

Yes
Highway access

Location Intelligence

Trade Area within ½ mile

26
Businesses Nearby

Demographics for 72335, AR

16,624
Population
6,513
Households
2.6
Avg Household Size
41
Median Age
14%
College-Educated
86%
High-School Grad
159.0 sq mi
ZIP Area
105
Density / Sq Mi
$39,045
Median Household Income
$28,673
Median Earnings
$814
Median Rent
$92,700
Median Home Value
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Hotel - Branded hotel with renovated guest accommodations, meeting space, pool, fitness center, and convenient Interstate 40 access.
Where is this hotel located?
The property is located at 220 Eldridge Rd Forrest City, AR.
What is the asking price?
The asking price for this property is $10,500,000.
What are key features of this property?
This property features: 82 guest rooms across four stories; Approximately 2.26 acres; Formula Blue renovations completed in 2025
More about this property
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