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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: 1/6/25 at 6:08 pm
Interior
- GeneralCeiling Fan(s), Eat-in Kitchen, Storage
- AppliancesGas Water Heater
- LaundryElectric Dryer Hookup
- A/Ctrue, Electric, Window Unit(s)
- Heatingtrue, Central, Gas
- FireplaceFireplaces: 0
- FlooringCarpet, Ceramic Tile, Vinyl
Exterior
- PoolNone
- ParkingAttached Carport, Two Spaces
Construction
- WindowsBlinds
- GeneralBlock, Concrete, Slab
Location
- Originating MLSFSM
- School DistrictFort Smith
- CountySebastian
Lot
- FencingChain Link, Wood
- ZoningLTS 8-13 BLK 6 LTS 1, 19 & 20 BLK 7, LTS, 12209-0013-00006-00
- Current UseHotel/ Motel
Financial
- SourceFSM
Utilities
- UtilitiesElectricity Available, Natural Gas Available, Sewer Available, Water Available
- WaterPublic
Listing History
- 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