![Building Photo](https://images.loopnet.co.uk/i2/TCmoEuGPn1IPsAh1XHfaVrOVENxSfDqntATKnb4aCdI/112/image.jpg)
2407 N Arkansas Ave | Russellville, AR 72802
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2407 N Arkansas Ave
Russellville, AR 72802
Clarion Inn & Suites Russellville I-40 · Hospitality Property For Sale · 82,793 SF
![2407 N Arkansas Ave, Russellville, AR for sale - Building Photo - Image 1 of 1](https://images.loopnet.co.uk/i2/TCmoEuGPn1IPsAh1XHfaVrOVENxSfDqntATKnb4aCdI/110/2407-N-Arkansas-Ave-Russellville-AR-Building-Photo-1-Large.jpg)
Investment Highlights
- Winner of Gold Award by Choice 2023, Ranked #11 out of 104 Clarions in the USA
- Located in Opportunity Zone providing substantial tax incentives
- Prime location on the busiest exit I-40 & Hwy 7 which leads to Arkansas Hot Springs and Ozark Mountains
- Property has an additional 70 offline keys (140 total keys on parcel) that can be renovated/converted, with potential to create substantial revenue
- 1 of 2 hotels in market to have a liquor license in a dry county – Major Plus!
- Russellville awarded Arkansas’s final casino license - $300M Legends Casino being developed 1 mile away, having a $5B impact on economy
PROPERTY FACTS
Property Type | Hospitality | Number of Floors | 2 |
Property Subtype | Hotel | Year Built/Renovated | 1964/2017 |
Building Class | B | Parking Ratio | 1.86/1,000 SF |
Lot Size | 3.05 AC | Corridor | Exterior |
Building Size | 82,793 SF |
Property Type | Hospitality |
Property Subtype | Hotel |
Building Class | B |
Lot Size | 3.05 AC |
Building Size | 82,793 SF |
Number of Floors | 2 |
Year Built/Renovated | 1964/2017 |
Parking Ratio | 1.86/1,000 SF |
Corridor | Exterior |
Amenities
- Business Centre
- Fitness Centre
- Pool
- Restaurant
- Room Service
- High Speed Internet Access
- Patio
- On-Site Bar
- Meeting Event Space
- Public Access Wi-Fi
- Smoke-Free
Links
PROPERTY TAXES
Parcel Numbers |
Multiple
|
Improvements Assessment | £157,611 |
Land Assessment | £110,483 | Total Assessment | £268,094 |
PROPERTY TAXES
Parcel Numbers
Multiple
- 868-00002-000C
- 868-00035-000C
Land Assessment
£110,483
Improvements Assessment
£157,611
Total Assessment
£268,094
zoning
Zoning Code | Commercial (Commercial) |
Commercial (Commercial) |
Listing ID: 32247435
Date on Market: 25/06/2024
Last Updated:
Address: 2407 N Arkansas Ave, Russellville, AR 72802
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![2407 N Arkansas Ave, Russellville, AR for sale Building Photo- Image 1 of 1](https://images.loopnet.co.uk/i2/TCmoEuGPn1IPsAh1XHfaVrOVENxSfDqntATKnb4aCdI/118/2407-N-Arkansas-Ave-Russellville-AR-Building-Photo-1-LargeHighDefinition.jpg)
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