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Best Western Sherwood Inn & Suites 7533 Warden Rd 60 Room Hotel North Little Rock, AR 72120 $4,631,375 CAD ($77,190 CAD/Room)
INVESTMENT HIGHLIGHTS
- Located primely off of Interstate-40 and near Exit 157.
- Easy access in less than 10 minutes to Little Rock National Airport.
- Exceptional guest parking accommodations, boasting a parking ratio of 2.34 parking spaces per 1,000 square feet.
- McCain Mall, River Market District, Burns Park, Verizon Arena, Clinton Presidential Library are some nearby attractions.
- Within close proximit to Camp Joseph T. Robinson, Little Rock Air Force Base, and major employers like Baptist Health and ABC Financial.
- Strong neighboring businesses include Absolute Denture Clinic and Quality Dental Lab.
EXECUTIVE SUMMARY
The Best Western Sherwood Inn & Suites presents a compelling investment opportunity at 7533 Warden Rd, strategically located just off I-40 in North Little Rock. This two-story, 60-room hotel spans 32,000 square feet on a 2.16-acre lot and has been meticulously maintained, with significant renovations completed in 2020. The property features a mix of 44 guest rooms and 16 suites, offering a strong value proposition at approximately $63,333 per room. Guests enjoy a full range of amenities including a complimentary hot breakfast, outdoor pool, business center, fitness room, and in-room conveniences such as microwaves, refrigerators, and free WiFi. The hotel is FEMA-approved and participates in Best Western’s Green Program, enhancing its appeal to both leisure and business travelers. Its proximity to major attractions like McCain Mall, the River Market District, and the Clinton Presidential Library, as well as key employers and military installations, ensures consistent demand. With a favorable zoning designation (C1 Commercial), ample parking, and no resort fees, this property is well-positioned for continued revenue growth and operational efficiency.
PROPERTY FACTS
| Price | $4,631,375 CAD | Building Size | 32,000 SF |
| Price Per Room | $77,190 CAD | No. Rooms | 60 |
| Sale Type | Investment | No. Stories | 2 |
| Property Type | Hospitality | Year Built/Renovated | 2007/2020 |
| Property Subtype | Hotel | Parking Ratio | 2.34/1,000 SF |
| Building Class | B | Corridor | Interior |
| Lot Size | 2.16 AC | ||
| Zoning | C1 | ||
| Price | $4,631,375 CAD |
| Price Per Room | $77,190 CAD |
| Sale Type | Investment |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | B |
| Lot Size | 2.16 AC |
| Building Size | 32,000 SF |
| No. Rooms | 60 |
| No. Stories | 2 |
| Year Built/Renovated | 2007/2020 |
| Parking Ratio | 2.34/1,000 SF |
| Corridor | Interior |
| Zoning | C1 |
AMENITIES
- Business Center
- Fitness Center
- Pool
- Public Access Wifi
ROOM MIX INFORMATION
| DESCRIPTION | NO. ROOMS | DAILY RATE | SF |
|---|---|---|---|
| Suite | 16 | $124.43 CAD | - |
| Guest Room | 44 | $109.22 CAD | - |
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PROPERTY TAXES
| Parcel Number | 23S-003-00-037-01 | Improvements Assessment | $548,109 CAD |
| Land Assessment | $209,943 CAD | Total Assessment | $758,052 CAD |
PROPERTY TAXES
Parcel Number
23S-003-00-037-01
Land Assessment
$209,943 CAD
Improvements Assessment
$548,109 CAD
Total Assessment
$758,052 CAD
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Best Western Sherwood Inn & Suites | 7533 Warden Rd
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