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4020 Midland Blvd
Fort Smith, AR 72904
Terry Motel · Hospitality Property For Sale
·
37 Rooms
EXECUTIVE SUMMARY
Investment opportunity suitable for continued hotel operation, redevelopment, or adaptive reuse subject to zoning and approvals. ±249 linear feet of frontage on Midland Blvd, which sees an average of 12,000 vehicles per day. Adjacent to Kay Rodgers Park and the Arkansas-Oklahoma State Fairgrounds, a major regional venue hosting fairs, shows, rodeos, and annual events. The Terry Hotel is positioned along a mixed-use commercial and industrial corridor north of Fort Smith’s core, surrounded by small businesses, service
providers, and storage/warehouse facilities.
providers, and storage/warehouse facilities.
PROPERTY FACTS
| Price Per Room | $38,466 CAD | Building Size | 30,000 SF |
| Sale Type | Investment | No. Rooms | 37 |
| Property Type | Hospitality | No. Stories | 1 |
| Property Subtype | Hotel | Year Built | 1979 |
| Building Class | C | Corridor | Exterior |
| Lot Size | 1.14 AC | ||
| Zoning | C | ||
| Price Per Room | $38,466 CAD |
| Sale Type | Investment |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | C |
| Lot Size | 1.14 AC |
| Building Size | 30,000 SF |
| No. Rooms | 37 |
| No. Stories | 1 |
| Year Built | 1979 |
| Corridor | Exterior |
| Zoning | C |
AMENITIES
- Restaurant
ROOM MIX INFORMATION
| DESCRIPTION | NO. ROOMS | DAILY RATE | SF |
|---|---|---|---|
| Guest Room | 37 | $69.43 CAD | - |
PROPERTY TAXES
| Parcel Number | 12209-0013-00006-00 | Improvements Assessment | $66,650 CAD |
| Land Assessment | $22,168 CAD | Total Assessment | $88,818 CAD |
PROPERTY TAXES
Parcel Number
12209-0013-00006-00
Land Assessment
$22,168 CAD
Improvements Assessment
$66,650 CAD
Total Assessment
$88,818 CAD
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