Best Western Plus Searcy Inn — Sale in Searcy, AR

  • Price: Contact for price
  • Listing type: For sale
  • Asset type: Hospitality Business
  • Location: Searcy, AR 72143
  • Year built: 1999

Photos

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Investment Figures

Cap rate
9.37%

Derived from the asking price and operating figures published for this listing. Informational only — not an appraisal, valuation or financial advice. Verify independently before relying on any figure.

Description

As the exclusive representative of the seller, Marcus & Millichap is pleased to present for sale to qualified investors the Best Western Plus Searcy Inn (“Hotel” or “Property”), an upper midscale hospitality property located at 501 Willow Street in Searcy, Arkansas. The Hotel is positioned along Interstate 67, a busy north-south travel route, and is well-suited for investors pursuing stable cash flow from an established lodging operation along one of Arkansas’ most important economic corridors. The Hotel is offered at $5,500,000 or $77,464 per key. The three-story Property is comprised of 71 rooms and is positioned on a 1.38-acre parcel. Originally constructed in 1999, the Hotel features an efficient operating layout supported by 68 parking spots. The Hotel was subsequently renovated in 2020 and features amenities designed to appeal to business and group travelers, including a business center, indoor pool, fitness center, and 300 square feet of boardroom space Strategically positioned less than three miles from Downtown Searcy, the Property benefits from its proximity to numerous major demand generators and strong regional access supported by nearby Interstate 67, U.S. Highway 167 and U.S. Highway 64. The city’s economy is primarily anchored by the education, healthcare, manufacturing, and logistics sectors, and these same economic pillars support sustained, year-round demand for lodgings. Nearby colleges and universities include Arkansas State University at Searcy (1.5 mi) and Harding University (1.8 mi). Harding University is home to over 4,500 enrolled students and serves as the city’s primary driver of campus visitations and academic travel. Unity Health-Searcy Medical Center is located less than a mile from the Property and is the chief driver of healthcare related lodging demand in the area. The healthcare system operates a combined total of 502 beds across White County Medical Center, the system’s main campus, and a specialty care facility also located in Se

Market Context

This hospitality in Searcy, AR is listed for sale. It is offered at an approximate 9.4% capitalization rate, a key benchmark for income-producing hospitality assets. The building dates to 1999. Compare it against other hospitality listings for sale in Searcy, AR — view the full market.

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