1309 N Mena, AR 71953
This fee-simple ownership opportunity presents a 58-key motel in Mena, Arkansas, a charming town nestled in the Ouachita Mountains. The property consists of two, two-story buildings situated on a 3.339-acre lot. Built in 1995 and recently renovated, the Sun Country Inn boasts a long-term profitability track record under the same ownership. Its location offers easy access to the Ouachita National Forest and the Talimena Scenic Drive, catering to outdoor enthusiasts. Mena's strategic position near the Arkansas/Oklahoma border and its proximity to abundant recreational opportunities, including ATV trails, positions this motel for significant growth. Furthermore, the area is poised for substantial economic development with preliminary approval for a $25,000,000 project encompassing the construction of mountain biking trails and a gondola system, expected to attract significant tourism and boost the local economy. This presents a compelling value-add investment opportunity in a rapidly developing area. The property is non-flagged and independently operated.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.