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Location: Central Arkansas
Number of Units: 42
Year Constructed: 2008
Corridors:  Interior
# of Stories: 2
Chain Affiliated ? : Yes
Cost to Transfer Franchise: Per Franchisor
AAA Rated ? : Pending

Asking Price: $ 2,520,000
Gross Rooms Revenue: New, Not Open Yet
Gross F&B Revenue: N/A
Gross Other Revenue: N/A
Annual Property Taxes: Not Determined
Annual Insurance Costs: Not Determined
Seller/Private Financing Available ?: No

Other Property Included: N/A

Other Information: This property is scheduled to break ground in late Summer 2008, and to be open in Spring 2009.   It will be a 42-Unit, Interior Corridor, newly-constructed, newly-equipped and newly-furnished property, featuring a 15' x 25' indoor pool and a 2BR Owner/Managers Quarters when it's all done.  This is a great opportunity to step in to a brand-new hotel, without going through the lengthy development/construction period.   There are only 2 other existing, competitive hotel properties in the market, one built in 1992, the other in 1998, so a brand new, interior corridor hotel (such as this one) should do well !

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