Property profile

10520 Markham St Little Rock, AR 72205

OFF-MARKET
Hotels
Property ID
US05-0427319
46,904 SF 1.43 ac lot Built 2006
Entity Owned 20-yr Hold Absentee Owner Free & Clear
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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

Current use

Occupant on record · Public records
  • Hotel & Motel

Location

10520 Markham St Little Rock, AR 72205-2140
Little Rock metro Census 2208 LITTLE ROCK-NORTH LITTLE ROCK, AR METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.39M
Blend (final) Blend
$705k

Owner & transaction history

since 2006
5 recorded transactions
2023
Price N/A
2022
Price N/A
2016
Price N/A
2006
Price N/A
1969
Price N/A

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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