| Following are listings of hotels for sale. The listings were supplied by hotel brokers and include a link to the brokers’ websites. For information regarding inclusion in this listing, please email hotelsforsale@hotelnewsnow.com. |
| |
Best Western PLUS Inn & Suites (New Listing) Price: US$6,000,000.00 This attractive three-story, 76 guest room, including 18 King Suites hotel is located in Texarkana, Arkansas. The Hotel has experienced very strong historical performance since opening in May 2009; 2011's NOI was an impressive 34.5% of Total Revenue. The hotel is outperforming its competitive set, with 145% RevPAR index penetration. Located between exit 223 and exit 1/Jefferson Avenue off I-30, the primary interstate running through the city; Texarkana is roughly halfway between Dallas- Ft. Worth and Little Rock, Arkansas. The hotel's Arkansas location means low property taxes and Texarkana, Arkansas residents are also exempt from personal state Income tax.
Contact: |