{"id":16900,"date":"2022-07-01T15:08:08","date_gmt":"2022-07-01T19:08:08","guid":{"rendered":"https:\/\/mba.demowork.xyz\/?post_type=property&#038;p=16900"},"modified":"2023-04-26T14:07:50","modified_gmt":"2023-04-26T18:07:50","slug":"independent-motel-arkansas","status":"publish","type":"property","link":"https:\/\/mba.demowork.xyz\/index.php\/property\/independent-motel-arkansas\/","title":{"rendered":"Independent Motel, Arkansas"},"content":{"rendered":"\n<p class=\"wp-block-paragraph\">30&nbsp; Units, Independent Motel. Great Opportunity for Owner Operator. <\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Offered at just 2.36x Room Revenue! Occupancy 57% and Room Revenue $283,692 in 2021.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Well maintained property with no work needed.&nbsp; Renovated 2013. New Metal Roof.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Spacious Manager&#8217;s Quarters with 2 Bedrooms, Living Room, Big Kitchen and Separate Private Entrance.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">No marketing currently done for property. Current owner has employees manage property. Great opportunity for owner operator to streamline business. Low taxes and low insurance. Owner operator could do 50% NOI.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">This property offers a themed design commemorating local music legends with a 1950s style lobby and themed guest rooms devoted to different&nbsp;famous musicians.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Well rated on TripAdvisor with a 4\/5 score. <\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Convenient to major cities\u2014Just a 90 minute drive to Memphis, TN and 2 hours to Little Rock, Arkansas.<\/p>\n\n\n<p>[hatchbuck form=&#8221;Confidentiality-Agreement&#8212;AR-Pocahontas-Indepedent&#8221;]<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><\/p>\n","protected":false},"excerpt":{"rendered":"<p>30&nbsp; Units, Independent Motel. Great Opportunity for Owner Operator. Offered at just 2.36x Room Revenue! Occupancy 57% and Room Revenue $283,692 in 2021. Well maintained property with no work needed.&nbsp; Renovated 2013. New Metal Roof. Spacious Manager&#8217;s Quarters with 2 Bedrooms, Living Room, Big Kitchen and Separate Private Entrance. 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