DEAL OVERVIEW

 

EXCELLENT LOCATION IN DOWNTOWN LITTLE ROCK 

The Holiday Inn Little Rock Presidential Downtown and the Comfort Inn & Suites Presidential Little Rock are located in the heart of Arkansas’s capital and within the vibrant River Market District of downtown Little Rock, near numerous dining, shopping, and entertainment venues. Hotel performance is driven by a diverse range of demand generators located within 5 minutes from the properties, including Clinton Presidential Park, the State House Convention Center, Arkansas Museum of Discovery, the Nature Center, Clinton Museum, River Market, and Heifer International World Headquarters, one of the largest non-profit organizations in the world. The Downtown River Market District is the centerpiece of Little Rock’s downtown scene, filled with international and local restaurants, numerous annual events and an amphitheater. Directly across the Arkansas River is Dicky-Stephens Park, home of the Double-A baseball team, the Arkansas Travelers, and Simons Bank Arena, an 18,000-seat multipurpose arena hosting more than 400,000 guests each year, located within 6 minutes from the Hotels.

 

OFFERED BELOW REPLACEMENT COST IN A GROWING MARKET 

The Comfort Inn & Suites Presidential Little Rock and the Holiday Inn Little Rock Presidential Downtown are being offered at a discount to replacement cost in a rapidly growing market. Downtown Little Rock is poised for significant growth with plans for a complete revitalization, aiming to double the residential population by 2035. The development includes restoring the riverfront with apartments, shops, and restaurants overlooking the river, and constructing new trails and parks. Adjacent to the Hotels is the $100 million proposed Interstate 30 park deck, aiming to enhance urban connectivity and provide much-needed green space to downtown. This investment offering presents an opportunity to acquire ideally located hotels in an exponentially growing market at an attractive basis.