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1127 E Hwy 62
Mountain Home, AR 72653

Ramada Mountain Home · Hospitality Property For Sale · 62,641 SF

PROPERTY FACTS

Property Type Hospitality
Property Subtype Hotel
Building Class B
Lot Size 3.71 AC
Building Size 62,641 SF
Number of Floors 2
Year Built 1977
Parking Ratio 3.16/1,000 SF
Corridor Interior

Amenities

  • Business Centre
  • Pool
  • Restaurant
  • Shuttle Service
  • Spa
  • Meeting Event Space

About 1127 E Hwy 62 , Mountain Home, AR 72653

Property Overview: The Ramada Mountain Home is a 78-room, two-story, exterior corridor hotel built in 1977. Well-equipped with numerous common area and guest room amenities, this select-service midscale hotel offers spacious guest rooms that come furnished with a microwave, refrigerator, work desk, and flat-screen television with premium channels. Additionally, some splendid common area amenities the hotel has to offer consist of an indoor pool, business center, dry cleaning services, a nearby nail salon, pizza restaurant, and a wide range of conference space. Location Overview: Mountain Home, Arkansas is a city located in Baxter County in the northern region of the state, 15 miles north of Norfork and 50 miles northeast of Harrison. The Ramada Mountain Home is superbly positioned on Highway 62, near Commerce Drive. With the city's major employers and popular revenue generators near the property, this sought-after hotel benefits from many key industries of the city which include health care & social assistance, retail trade, and manufacturing. Baxter Regional Medical Center and Walmart Supercenter, two of the city's largest employers located approximately 1.7 miles from the hotel, are prime revenue drivers for the surrounding area. Other major employers that are responsible for a significant portion of the workforce include Eaton Corporation (2.9 miles) and American Stitchco Inc. (5.7 miles). Revenue generators in the area, like Baxter Cinema (0.7 miles) and Cooper Park (0.9 miles) help bring additional revenue to the hotel through an increase in transient business. Extra demand drivers for the city include Driftwood Lanes (1.9 miles) and Baxter County Fairgrounds (2.6 miles).

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
007-14031-000
Land Assessment
£97,853
Improvements Assessment
£194,155
Total Assessment
£292,008

zoning

Zoning Code Commercial
Commercial
  • Listing ID: 17029888

  • Date on Market: 26/08/2019

  • Last Updated:

  • Address: 1127 E Hwy 62, Mountain Home, AR 72653

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