Sonesta Essential Van Buren
3131 Cloverleaf St, Van Buren, AR 72956
47-room hotel in Van Buren, AR, renovated in 2024.
Type:Hospitality
Property size:
20,068 SFLot size:
2.00 AcresPrice / SF:
$119/SF- Added:
- Jan 29, 2026
- Days on Market:
- 113
- Last Refresh:
- Mar 17 at 1:14 pm
Property Features for 3131 Cloverleaf St
General Information
- Standard status
- Active
- Size
- 20,068 SF
- Lot size
- 2.00 Acres
- Property subtype
- Hospitality
Building Details
- Year Built
- 1995
Listing agent Silvestre Madrigal Jr. License #01363650
Listing office Century 21 Allstars
Listing date Jan 29, 2026
Source Crexi
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 Century 21 Allstars
HighLights
- Extensively renovated in 2024, ensuring modern amenities.
- 47 rooms in a 20,068 SF building on a 2‑acre lot.
- Competitive price per key of $51,064.
- Located in a thriving area with robust demographics.
- Priced at $119.59 per square foot.
- Investment opportunity as a Sonesta Essential hotel.
Overview
The Sonesta Essential Van Buren, located at 3131 Cloverleaf St, Van Buren AR 72956, is a hotel property available for sale. The building, constructed in 1995 and extensively renovated in 2024, contains 47 rooms within its 20,068 square feet. The property is situated on a 2-acre lot. This investment opportunity is positioned in a thriving area with robust demographics.
Financial Insights
Value Estimation Calculated for Hotel Hospitality
Conservative
$1.40M
NOI $125,826 @ 9.00% cap · cautious / downside scenario
Moderate
$1.80M
NOI $125,826 @ 7.00% cap · market / base-case scenario
Aggressive
$2.52M
NOI $125,826 @ 5.00% cap · optimistic / upside scenario
NOI & Cap Rate Calculator
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
Calculated for Hotel Hospitality
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $301.0k | $15.00 |
| − Vacancy | −$36.1k | −$1.80 |
| EGI | $264.9k | $13.20 |
| − OpEx | −$139.1k | −$6.93 |
| NOI | $125.8k | $6.27 |
20,068 SF · lease $15.00/SF/yr · vacancy 12.00% · expense 52.50%
Alternative Use Scenarios
Best Use
Hotel Hospitality
$1.80M
$1.57M – $2.10M
NOI $125,826 @ 7.0% cap · market cap 5.24%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$3.85M
$3.37M – $4.49M
NOI $269,329 @ 7.0% cap · market cap 11.22%
Zoning and permitted uses should be independently verified with local authorities.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Sonesta Essential Van ...
Hotel & Motel
Van Buren Inn
Hotel & Motel
VB Hotel
Hotel & Motel
Location Insight
- Map
- Local Demand
- City
- Van Buren
- County
- Crawford
- State
- Arkansas
- Longitude
- -94.2992
- Latitude
- 35.458
Nearby Similar for Sale
FAQs
What type of property is this?
Hotel - 47-room hotel in Van Buren, AR, renovated in 2024.
Where is this hotel located?
The property is located at 3131 Cloverleaf St Van Buren, AR.
What is the asking price?
The asking price for this property is $2,399,999.
What are key features of this property?
This property features: Extensively renovated in 2024, ensuring modern amenities.; 47 rooms in a 20,068 SF building on a 2‑acre lot.; Competitive price per key of $51,064.
