703-888-6578
925 S University Ave, Little Rock, AR for Sale
Hospitality - FOR SALE
1/4
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925 S University Ave
Little Rock, AR 72204
Oak Forest


HIGHLIGHTS

  • Lender Owned Value-Add Opportunity: Due to the current condition of the Asset, the Hotel’s 2024 RevPAR decreased by 19% and is only achieving a 64%
  • The Four Points is next door to the Freeway Medical Tower, within a mile of CHI St. Vincent, and within 3.1 miles of the VA Medical Center
  • Strong Brand Affiliation: Marriott is one of the world’s largest hospitality companies offering the most powerful portfolio in the industry.
  • Excellent Accessibility and Visibility: The Four Points is located directly off two major thoroughfares: Interstate 630 and S University Avenue.
  • Offered Unencumbered of Management – Operational Upside: A new owner will be able to implement an operator of their choosing to align the Hotel
  • The Four Points is within 1.5 miles of the region’s principal higher education institution, University of Arkansas at Little Rock

OVERVIEW

Berkadia Hotels & Hospitality (“Berkadia”) is pleased to offer, on an exclusive basis, the opportunity to acquire fee simple interest in the Four Points by Sheraton Little Rock Midtown (the “Property”, “Asset”, “Four Points”, or “Hotel”), a 261-room hotel strategically located directly off Interstate 630 and S University Avenue through an auction sales process via RI Marketplace. The Property boasts an irreplaceable and highly accessible location in close proximity to many demand drivers. Demand Driver Distance From Hotel Driving Time CHI St. Vincent 0.7 Mile 3 Minutes Little Rock Zoo 1.1 Miles 3 Minutes War Memorial Stadium 1.2 Miles 4 Minutes University of Arkansas at Little Rock 1.5 Miles 4 Minutes UAMS Medical Center 2.0 Miles 6 Minutes Downtown Little Rock 4.1 Miles 6 Minutes Little Rock is a center for several major employers in a variety of industries including healthcare, defense, distribution and warehousing, wholesale/retail trade, and government. Competitive wages and Arkansas’ right-to-work environment provide an excellent workforce environment for businesses. Forty percent (40%) of the nation’s population and buying power is within a 550-mile radius. Little Rock is where ‘America Comes Together’ – located at the crossroad of Interstate 30 and the most heavily traveled Interstate in the nation, Interstate 40. Little Rock serves as both the state capital and central hub for cultural, historical, and natural attractions, drawing visitors from across the nation and internationally. Home to approximately 774,000 residents, the Little Rock MSA is the most populated region in the state. The Property presents a unique investment opportunity to deploy a revenue management strategy that hinges on the Asset’s repositioned product offering upon completion of a significant renovation to increase top-line metrics well-beyond historical levels. As Little Rock continues to attract millions of visitors each year, a new owner will have the opportunity to acquire an exceptional hospitality asset surrounded by demand drivers. Property Tours: Property tours are available upon request. Please contact Larissa Isenberg, larissa.isenberg@berkadia.com, to schedule.

FOR SALE DETAILS

PRICE

Request Info for Price

# OF ROOMS

261

CAP RATE

Request Cap Rate

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Four Points by Sheraton Little Rock Midtown

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

3

ROOM ENTRANCE

Interior

BUILDING CLASS

B

YEAR BUILT

1978

PARKING SPACES

225

LAND DETAILS

LAND ACRES

4.86 AC

LAND SF

211,702 SF

ZONING

C3

APN/PARCEL ID

34L-109-00-002-00

ASK ABOUT THIS PROPERTY

Kyle StevensonBerkadia Investment ServicesMore Info
703-888-6578

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Kyle StevensonBerkadia Investment ServicesMore Info
703-888-6578

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.