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Comfort Stay
Price:
$2,100,000
Address :
200 East 49th Street
Texarkana, AR 71854
Excellent Interstate 30 location
SBA financing candidate
Ideal size and operating model for owner/operator
Current franchise could be cancelled with 60 days written notice
Additional units could be renovated for future expansion
Offered at discount to replacement cost
Location/Market
Physical Plant
Financials
Spanning three counties in Arkansas and Texas, the Texarkana MSA is home to over 147,000 people.
Texarkana is a regional center for retail, education, and health care.
Home to TexAmericas Center and Red River Army Depot
Close to Regional Demand Generators:
Downtown Texarkana
Wadley Regional Medical Center
Four State Fairgrounds
Ermer Dansby Pondexter Sports Complex
Texarkana Regional Airport
Millwood Lake State Park
79 Guest Rooms
46 Rentable, Renovated Rooms
32 Extended-Stay Rooms (Pending Renovation)
Built in 1986
2 Stories, Exterior Corridor
Wood Frame Construction
Stucco Façade
Asphalt & Concrete Parking Lot
±2.66 Acres
Thank you for your interest in this Mumford Company Listing. In order to review the financial and operating performance of this property, please complete the required fields below. If you are a real estate broker, please
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Financials
2019
2020
2021
T-12Mos 5/22
Occupancy
21.84%
25.46%
59.0%
N/A
Average Daily Rate
$38.06
$38.15
$39.28
N/A
Room Revenue
$239,686
$280,818
$257,233
$230,498
Net Operating Income
NOTE: No historical revenue figures are available since March 2022
This is a confidential offering intended for the recipient's use in determining the advisability of negotiating for purchase. Do NOT Contact the Property Directly! All Showings by Appointment Only!
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Mumford Company Is A Duly Licensed Real Estate Broker In Multiple States, for information on specific licensing, please
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