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Investment Opportunity! This 34-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.

Offered By:O’neal Real Estate- Fort Smith

Date Added: 10/28/24 at 5:00 am
Last Update: 2/17/25 at 1:41 pm

Interior

  • AppliancesGas Water Heater
  • FlooringCarpet, Ceramic Tile, Vinyl
  • A/Ctrue, Electric, Window Unit(s)

Construction

  • GeneralBlock, Concrete, Slab

Location

  • Originating MLSFSM
  • CountySebastian

Lot

  • ZoningLTS 8-13 BLK 6 LTS 1, 19 & 20 BLK 7, LTS, 12209-0013-00006-00
  • Current UseHotel/ Motel

Utilities

  • UtilitiesElectricity Available, Natural Gas Available, Sewer Available, Water Available
  • WaterPublic

Financial

  • SourceFSM

Listing History

  • 02/17/2025$849,900 @ $46 per ft² 5.56%
  • 01/06/2025$899,900 @ $48 per ft² 5.27%
  • 10/28/2024Active
  • 10/28/2024$950,000 @ $51 per ft²

Schools

  • DistrictFort Smith Public Schools