1309 N Mena, AR 71953
- Hospitality properties
- 3.34 lot acres
Current Use by Public Records
- Hospitality properties
Property Details for 1309 N
- Year built
- 1995
- Lot size
- 3.34 lot acres
- Property type
- Hospitality properties
- Property subtype
- Motels
Description
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.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Mena
- County
- Polk
- State
- Arkansas
- Longitude
- -94.2176
- Latitude
- 34.5856
