For Sale
Call for price

3100 14Th StRogers, AR 72712

78-Key Extended Stay Hotel in AR

Overview

Added:
Dec 11, 2024
Days on market:
116
This 78-key TownePlace Suites hotel, built in 2003, presents a compelling investment opportunity in the thriving Bentonville/Rogers, Arkansas market. Located at 3100 SE 14th St, Bentonville, AR 72712, this extended-stay property benefits from the region's robust economy, driven by Walmart's headquarters and a growing technology sector. The Bentonville/Rogers area boasts a significantly lower unemployment rate (1.7%) than the national average (3.7%), coupled with a substantial increase in real GDP (21.4% from 2017-2022) and building permits (12.1% increase over 2022). This economic strength translates to a high demand for hotel rooms, particularly in the extended-stay segment. The hotel's strategic location positions it to capitalize on this demand, catering to both business travelers and those seeking longer-term accommodations. The area's upscale job market (61% of the workforce) further supports the continued growth and stability of the hospitality sector. This asset offers a unique blend of extended-stay and select-service offerings, making it well-suited to the current and projected market needs. The consistent historical stability of the Bentonville/Rogers hospitality market suggests a strong potential for long-term returns. This property represents a significant investment opportunity in a high-growth area with a demonstrably strong economic outlook.

Highlights

  • Highly sought-after Bentonville/Rogers hospitality market, fueled by corporate expansion and a strong economic environment.
  • Bentonville/Rogers/Springdale market significantly outperforms national averages: 21.4% Real GDP growth (2017-2022), 1.7% unemployment (vs. national 3.7%), and 12.1% increase in building permits in 2022, driving job and population growth.
  • TownePlace Suites ideally positioned to capitalize on increasing demand for extended-stay and select-service accommodations, offering strong potential ROI.
  • Historically stable market with projected continued growth, ensuring long-term, solid returns for investors.

Property Details for 3100 14Th St

Property type
Hospitality properties, Hotels
Year Built
2003

Location Insight

City
Rogers
County
Benton
State
Arkansas
Latitude
36.355620956343
Longitude
-94.175948441997
3100 14Th St, Rogers, Arkansas

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3100 14Th St
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