10524 Markham St Little Rock, AR 72205-2140
This exceptional hospitality investment presents a dual-branded Motel 6 and Studio 6 property in Little Rock, Arkansas. The 47,016 square foot facility, built in 1984, features 138 keys spread across three floors with exterior corridors. The property boasts 103 Motel 6 rooms and 35 Studio 6 rooms, offering a diverse range of accommodations. Amenities include an outdoor pool, on-site laundry facilities, and vending machines. Each room is equipped with cable television, free Wi-Fi, a microwave, and a mini-refrigerator. The property is pet-friendly. Situated on a 1.8-acre lot with C zoning, this motel enjoys a prime location off I-430, providing easy access to major transportation routes. Its proximity to the Little Rock Zoo (3.6 miles) and Bill and Hillary Clinton National Airport (11.2 miles) further enhances its appeal. The property offers a strong net operating income (NOI) of $810,794, resulting in a compelling 12.01% cap rate. The asking price is $6,750,000, translating to $143.57 per square foot and $48,913.04 per key. This represents a significant opportunity for investors seeking a high-return hospitality asset in a thriving market. The property's strong performance and convenient location make it an attractive investment prospect.
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Studio 6 Little Rock, AR - West Hotel & Motel Vacation Rental
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Motel 6 Little Rock, AR - West Hotel & Motel
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2024Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
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.