Dual-Branded Hotel in West
For Sale
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1599 N 6th St, West Memphis, AR 72301
Newly opened 143-room Avid-Candlewood Suites by IHG.
Property Size71,013 SF
Days on Market708
Property Features for 1599 N 6th St
General Information
Standard status
Active
Size
71,013 SF
Property subtype
Hospitality
Zoning
SC-2
Building Details
Year Built
2024
Listing Agency:
Hilco Global
Listed By:
Keith Worsham · License #GA #267014
Source:
Crexi
Added: Sep 12, 2024
Changed: Aug 8
Last Checked: Aug 8 at 11:08AM
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 Hilco Global
Investment Insights
Based on property information with market context.
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).
Key Highlights
- 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.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
834
Businesses Nearby
Explore this area
Business Placement
Demographics for 72301, AR
24,479
Population
11,298
Households
2.2
Avg Household Size
37
Median Age
15%
College-Educated
84%
High-School Grad
29.5 sq mi
ZIP Area
830
Density / Sq Mi
$41,932
Median Household Income
$30,410
Median Earnings
$848
Median Rent
$119,100
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
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.
