$4,400,000
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48,552 SqFt
SOLD DATE : 05/15/2023
Key Details
Property Type Commercial
Sub Type Business, Bldg and Land
Listing Status Sold
Purchase Type For Sale
Square Footage 48,552 sqft
Price per Sqft $92
Subdivision Kanis
MLS Listing ID 23005630
Style Contemporary,Other (see remarks)
Year Built 1998
Tax Year 2023
Lot Size 2.760 Acres
Property Description
Property is on Auction at Ten-X.com. Please click on the link provided in Agent Remarks for more details and to register for the Auction on March 14th -16th. The Property is Situated less than one mile from Shackleford Crossings Shopping Center, Arkansas Heart Hospital, and Baptist Health Medical Center Little Rock. Ideally located in the Little Rock MSA, proximate to all regional demand, including the University of Arkansas and UAMS Medical Center, Clinton Presidential Center, the State Capitol, and Bill and Hillary Clinton National Airport. Property is proximate to the Interstate 430 & Interstate 630 interchange, with upwards of 100,000 vehicles passing the location daily. Rare opportunity to purchase corporate-owned ESA assets amidst their first public marketing of properties since the +$6B portfolio acquisition in June 2021. Extended stay economy product is widely revered as recession-proof and remains a favorite investment sector amidst private and public investors. Extended stay economy product has also vastly outperformed all other lodging sectors in recent years, with particularly robust growth amidst the COVID recovery. See Agent Remarks for more details
Location
State AR
County Pulaski
Area Lit - West Little Rock (Northwest)
Interior
Heating Other (see remarks)
Flooring Other (see remarks)
Exterior
Exterior Feature Brick, Brick & Frame Combo
Garage Spaces 73.0
Utilities Available Sewer-Public, Water-Public, Other (see remarks)
Roof Type Other (see remarks)
Building
Lot Description Other (see remarks)
Foundation Other (see remarks)
New Construction No
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Broker | License ID: 2019046646