Overview
The Hilton Garden Inn Jonesboro represents a rare opportunity to acquire a high-quality, Hilton-flagged hotel in a thriving Northeast Arkansas market. This 109-room property is offered fee simple and unencumbered by management, and it has recently benefited from over $1.5 million in capital improvements across guestrooms, public areas, and the building exterior. The hotel boasts the largest meeting and event facilities in the comp set (4,970 SF), enabling it to capture lucrative
group, corporate, and social business that competitors cannot. Strategically located near Arkansas State University, two major regional hospitals, and the new Ridge Athletics Center, the property enjoys a diverse and stable demand base from university visitors, medical travelers, and sports tournaments. Backed by Hilton’s powerful brand and loyalty network, the Hilton Garden Inn Jonesboro consistently outperforms its market—achieving a RevPAR Index of ~133% in 2025—
and offers investors strong in-place cash flow with additional upside potential.
Investment Highlights
SIGNIFICANT RECENT RENOVATIONS
Over $1.5 million in renovations have been completed since 2022, encompassing comprehensive upgrades to guest rooms, corridors, lobby areas, and exterior features. Improvements include new furniture, fixtures, and equipment (FF&E), updated lighting and technology, refreshed paint and
finishes, and parking lot and landscaping upgrades—substantially reducing near-term CapEx needs for a new owner.
F&B UPSIDE WITH BAR REPOSITIONING
Relocate the underutilized underground bar to the lobby to boost visibility and guest capture, support pre-function service for meetings, and consolidate staffing—margin-accretive with limited CapEx.
LARGEST MEETING & EVENT SPACE IN COMP SET
The hotel offers 4,970 square feet of flexible meeting and event space, by far the most extensive within its competitive set. This unique scale of banquet and conference facilities allows the property to attract large meetings, banquets, weddings, and sports teams that no other local hotel can accommodate, generating additional high-margin revenue streams (events, catering, and audio-visual) and creating a competitive moat in the market.
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