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Motel with Owner’s Quarters
New
For Sale
$111,000

623 E Page Ave, Malvern, AR 72104

Ten one-bedroom units are paired with attached quarters for an on-site owner or manager.

Property Size3,669 SF
Price / SF$30.25
Days on Market4

Property Features for 623 E Page Ave

General Information

Standard status Active
Size 3,669 SF

Units

Unit Mix 10 x 1BR/1BA
Multifamily Units 10

Taxes and HOA fees

Annual Taxes $700
Listing Agency: McGraw Realtors - Benton
Listed By: Piper Knutson
Source: Exprealty
Added: Oct 9 Changed: Oct 10 Last Checked: Oct 11 at 6:47AM

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 McGraw Realtors - Benton

Investment Insights

Based on property information with market context.

This Malvern motel comprises 10 units, each configured with one bedroom and one bathroom. Updated flooring is installed in the units, and attached owner’s quarters are part of the property.

Key Highlights

  • 10 units, each with 1 bedroom and 1 bathroom
  • Attached quarters for an owner or manager
  • Updated flooring

Property Analytics

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Current Use

Relax Inn Hotel & Motel

Suggested Use

Top Pick Real Estate Agency Parking Lot & Garage Big Box & Wholesale Store Skin Care Clinic Spa & Massage Center Gym & Fitness Center

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

10
Residential units

Location Intelligence

Trade Area within ½ mile

422
Businesses Nearby
Well-served
Demand for This Use

Demographics for 72104, AR

23,456
Population
9,771
Households
2.4
Avg Household Size
41
Median Age
15%
College-Educated
88%
High-School Grad
326.5 sq mi
ZIP Area
72
Density / Sq Mi
$51,492
Median Household Income
$33,672
Median Earnings
$768
Median Rent
$117,300
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
Rey
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Similar Off Market Nearby

  • WHITTLEY FEED — 344 oak st, malvern, ar 72104
  • Budget Inn — 304 E Page Ave, Malvern, AR 72104
  • Relax Inn — 623 E Page Ave, Malvern, AR 72104

Frequently Asked Questions

What type of property is this?
Motel - Ten one-bedroom units are paired with attached quarters for an on-site owner or manager.
Where is this motel located?
The property is located at 623 E Page Ave Malvern, AR.
What is the asking price?
The asking price for this property is $111,000.
What are key features of this property?
This property features: 10 units, each with 1 bedroom and 1 bathroom; Attached quarters for an owner or manager; Updated flooring
More about this property
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