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I have a motel for sale at the interesection of two major highways (US 412 & US 71B) in Springdale, Arkansas (NW Arkansas). It is currently being used as a motel, but the motel is for sale and needs many upgrades. The value is in the land. It is across the intersection from Wal-Mart and Walgreens. There is also another motel next door. The traffic count is 38,000/day. Call me with any questions! 479-00-5001
I may have a taker for your listing. Do you have a full marketing package for the hotel? Please contact me through this database and I'll get you my contact information.
Hi, Sam! Unfortunately, we do not have a packet together, yet. The listing is not even a month old and we have had a hard time getting information from the owner. But we are in the process.
I have this co-listed with one of our brokers. I brought the client in, but he has the experience. I would love for you to call either of us. But I would especially like for you to call him. His name and number are: Greg Spencer, 479-530-0628.
The owners are desperate to sell. They have mutiple businesses and have stretched themselves too thin. The restaurant serves Thai food and rents for $3500/month. The bar rents for $2000/month. The owner of the bar has had it for 30-40 years. (during multiple owners)
As I said, the motel has suffered. The value is in the land. However, the motel IS generating income and currently breaking even.
Please contact either of us.
Weichert Realtors Downum Group
3418 W Sunset Suite C
Springdale, AR 72762