3100 14Th StRogers, AR 72712
- Hospitality properties
Property Details for 3100 14Th St
- Year built
- 2003
- Property type
- Hospitality properties
- Property subtype
- Other hospitality properties
Description
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.
Location Insight
- City
- Rogers
- County
- Benton
- State
- Arkansas
- Latitude
- 36.3556
- Longitude
- -94.1759
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
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