Listed by: Javier Hernandez from O'Neal Real Estate- Fort Smith
Investment Opportunity! This 32-room motel offers investors a rare chance to acquire a well-located hospitality asset with substantial growth potential. Featuring rooms of various sizes, the property is equipped with on-site laundry facilities, a dedicated property manager’s office, and living quarters, streamlining operations for hands-off ownership. Additionally, the motel includes a restaurant space with ample opportunity for renovation, opening the door for a high-yield dining venture to complement the accommodation revenue. Located adjacent to Kay Rodgers Park—an established venue for fairs and local events—the property benefits from consistent traffic year-round. The motel’s strategic location near popular restaurants and local attractions further enhances its appeal, making it an ideal investment in a high-demand area. Don’t miss this opportunity to own a versatile, income-generating property in a thriving location.
© 2024 Fort Smith MLS (FSMLS). All rights reserved. The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of FSMLS. Real estate listings held by IDX Brokerage firms other than O'NEAL Real Estate LLC are marked with the Internet Data Exchange logo or the Internet Data Exchange thumbnail logo and detailed information about them includes the name of the listing Brokers. Information provided is deemed reliable but not guaranteed. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed. Data last updated: Tuesday, October 29th, 2024 at 08:03:57 PM.
Data services provided by IDX Broker
Price: | $$950,000 |
Address: | 4020 Midland Boulevard |
City: | Fort Smith |
County: | Sebastian |
State: | Arkansas |
Zip Code: | 72904 |
MLS: | 1076116 |
Acres: | 2.313 |
Lot Square Feet: | 2.313 acres |
clip: | 9415100981 |
taxLot: | 8 |
cooling: | Electric, Window Unit(s) |
flooring: | Carpet, Ceramic Tile, Vinyl |
taxBlock: | 6 |
coolingYN: | yes |
mlsStatus: | Active |
utilities: | Electricity Available, Natural Gas Available, Sewer Available, Water Available |
appliances: | Gas Water Heater |
currentUse: | Hotel/Motel |
directions: | From Roger’s Ave, turn right on N Albert Pike, Turn right on Midland, property will be on the right. |
livingArea: | 18614 |
permission: | IDX |
postalCity: | Fort Smith |
grossIncome: | 173000 |
lotFeatures: | City Lot |
lotSizeArea: | 2.3132 |
waterSource: | Public |
businessType: | Hotel/Motel |
lotSizeUnits: | Acres |
humanModifiedYN: | yes |
taxAnnualAmount: | 5604 |
yearBuiltSource: | Owner |
livingAreaSource: | Public Records |
yearBuiltDetails: | Age Unknown |
foundationDetails: | Slab |
lotSizeDimensions: | 244x203 |
buildingAreaSource: | Public Records |
constructionMaterials: | Block, Concrete |
numberOfUnitsInCommunity: | 36 |
specialListingConditions: | None |
propertySubTypeAdditional: | Hotel/Motel |