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    Property profile & analytics
    OFF-MARKET Estimated value $1,315,000
    Hotels

    10520 Markham St, Little Rock, AR 72205-2140

    46,904 SF 1.43 ac lot Built 2006
    Entity Owned 20-yr Hold Absentee Owner Free & Clear
    Property ID
    US05-0427319
    Property summary
    AI-generated overview

    This exceptional 80-room hotel property at 10520 W Markham St, Little Rock, Arkansas, presents a lucrative investment opportunity. Boasting 46,904 square feet across four stories, this 2006-built establishment is zoned O2 and sits on a 1.43-acre lot. The asking price is $8,200,000, translating to $174.83 per square foot. The hotel features a comprehensive suite of amenities designed to maximize guest satisfaction and revenue generation, including a business center, fitness center, on-site retail space, and a dedicated meeting and event space. Its strategic location offers unparalleled access to high traffic areas, with proximity to Interstate 430 (96,000 vehicles per day) and W Markham St (27,000 vehicles per day), ensuring high visibility and accessibility. Detailed financial information is available upon request, providing potential investors with a comprehensive understanding of the property's performance and earning potential. This property represents a rare chance to acquire a well-established, high-performing hotel in a thriving Arkansas market. The property's zip code is 72205, located in Pulaski County. This is a turnkey operation ready for immediate ownership and potential expansion.

    Property profile
    Verified
    Property type Hotels
    Use group HOTEL
    Year built 2006
    Total area 46,904 SF
    Lot 1.43 ac (62,291 SF)
    APN 44L-046-01-001-00
    UPID US05-0427319
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • Candlewood Suites West Little Rock, an IHG Hotel Hotel & Motel
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    $1.39M
    Blend (final) Blend
    $1.32M
    Owner & transaction history
    Chi Dev Co LLC · 20 yrs held
    Chi Dev Co LLC
    since 2006
    5 recorded transactions
    2023
    2022
    2016
    2006
    1969
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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