Building Details

Year Built 1997

Year Renovated 2010

Buildings 2

Stories 1

Listing Agency: The Real Estate Group j***@thegroup.com Show Phone

Listed By: Jerry George · License #475159363

Source: Crexi

Added: Nov 23, 2022 Changed: Aug 8 Last Checked: Aug 17 at 9:35AM

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Investment Insights

Based on property information with market context.

This well-run hotel in Arkansas, located directly off Highway 62, has been under the same ownership and operation for many years. Recent improvements totaling approximately $70,000 - $80,000 have been made, including a new roof and updated central heating and air systems. The property is in excellent condition and has been well-maintained. The hotel experiences high occupancy and offers a strong return for an owner-operator. Its location provides significant traffic from truckers, contractors, and vacationers. The 8,425 square foot motel features 22 air-conditioned rooms, each equipped with refrigerators and flat-screen televisions. Complimentary wireless internet access and cable programming are available. Bathrooms include shower/tub combinations and complimentary toiletries. Microwaves and coffee/tea makers are provided, and daily housekeeping services are offered. A complimentary continental breakfast is served daily from 7:00 AM to 10:00 AM. The property is located approximately 15 minutes by car from a golf course on Turkey Mountain, 12.9 miles from Crown Lake, and 13.3 miles from Horseshoe Bend City Hall. Restaurants, bars, lounge, and dining options are available in town.

Key Highlights

• High occupancy and strong return for an owner‑operator.
• Located directly off Highway 62, providing high visibility and traffic from truckers, contractors, and vacationers.
• Recent improvements of $70‑80k, including a new roof and central heating and air.

Property Analytics

Current Use

Motels

Location Intelligence

Trade Area within ½ mile

Well-served

Demand for This Use

Explore this area Business Placement

Demographics for 72576, AR

3,934

Population

1,858

Households

2.1

Avg Household Size

45

Median Age

18%

College-Educated

89%

High-School Grad

151.6 sq mi

ZIP Area

26

Density / Sq Mi

$36,875

Median Household Income

$28,789

Median Earnings

$611

Median Rent

$108,100

Median Home Value

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Frequently Asked Questions

What type of property is this?

Motel - Profitable, well-maintained 22-room hotel with high occupancy.

Where is this motel located?

The property is located at 360 US-62 Salem, AR.

What is the asking price?

The asking price for this property is $825,000.

What are key features of this property?

This property features: High occupancy and strong return for an owner‑operator.; Located directly off Highway 62, providing high visibility and traffic from truckers, contractors, and vacationers.; Recent improvements of $70‑80k, including a new roof and central heating and air.