3100 14Th St Rogers, AR 72712

Property Details for 3100 14Th St

Year built

2003

Property type

Hospitality properties

Property subtype

Hotels

Description

This 78-key TownePlace Suites hotel, built in 2003, presents a compelling investment opportunity in the thriving Bentonville/Rogers, Arkansas market. Located at 3100 SE 14th St, Bentonville, AR 72712, this extended-stay property benefits from the region's robust economy, driven by Walmart's headquarters and a growing technology sector. The Bentonville/Rogers area boasts a significantly lower unemployment rate (1.7%) than the national average (3.7%), coupled with a substantial increase in real GDP (21.4% from 2017-2022) and building permits (12.1% increase over 2022). This economic strength translates to a high demand for hotel rooms, particularly in the extended-stay segment. The hotel's strategic location positions it to capitalize on this demand, catering to both business travelers and those seeking longer-term accommodations. The area's upscale job market (61% of the workforce) further supports the continued growth and stability of the hospitality sector. This asset offers a unique blend of extended-stay and select-service offerings, making it well-suited to the current and projected market needs. The consistent historical stability of the Bentonville/Rogers hospitality market suggests a strong potential for long-term returns. This property represents a significant investment opportunity in a high-growth area with a demonstrably strong economic outlook.