INVESTMENT HIGHLIGHTS
- Upper Midscale Hotel Asset: The Country Inn & Suites by Radisson is a 67-room, four-story hospitality property situated on approximately 1.58 acres in Conway, Arkansas.
- Strategic Interstate Location: Positioned along Interstate 40 with additional access via U.S. Highway 64, offering strong visibility and connectivity within the Little Rock metropolitan area.
- Business-Focused Amenities: Originally constructed in 2009, the Property features 70 parking spaces and amenities tailored to business and group travelers, including a business center, indoor pool, fitness center, and approximately 1,250 square feet of meeting space.
- Strong Higher Education Demand Base: Located within three miles of the University of Central Arkansas, Hendrix College, and Central Baptist College, with a combined enrollment exceeding 11,500 students, supporting consistent lodging demand from campus-related activities.
- Healthcare Lodging Demand: Proximate to Conway Regional Health System and Baptist Health Medical Center, collectively offering approximately 300 beds and generating demand from patient visits, families, and traveling medical professionals.
- Corporate & Business Travel: Nearby employers such as Acxiom and Independent Case Management (ICM) contribute to steady business travel and corporate lodging needs.
- Sports & Event-Driven Demand: Close to major venues including Estes Stadium and the Farris Center, which host collegiate athletics and events, driving year-round visitation.
- Growing Regional Economy: Located in Conway, a fast-growing city within the Little Rock MSA known for its strong education sector, business-friendly environment, and continued residential and commercial expansion.
FINANCIAL HIGHLIGHTS
- Heightened Room Revenue: Between year-end 2024 and the twelve months ending in December 2025, the hotel experienced a notable 3.7 percent increase in room revenue. This trend presents several advantages for potential buyers, including additional capital for renovations and enhanced cash flow.
- Room Revenue Upside Potential: With a RevPAR Index of 76 percent, the hotel presents untapped potential. Leveraging strategic revenue management and targeted marketing initiatives could increase room revenue to $1.1–$1.4 million, unlocking significant upside and delivering stronger returns for investors.
- Fee Simple Acquisition: The hotel provides full ownership and operational control, enabling independent financing and management. This structure typically supports long-term property appreciation, making it a compelling investment opportunity.
INVESTMENT OVERVIEW
As the exclusive representative of the seller, Marcus & Millichap is pleased to present for sale to qualified investors the Country Inn & Suites by Radisson, Conway, AR (“Hotel” or “Property”), an upper midscale hospitality property located at 750 Amity Road in Conway, Arkansas. The Hotel is offered at $4,100,000 or $61,194 per key.
The four-story Property is comprised of 67 rooms and is positioned on a 1.58-acre parcel. Originally constructed in 2009, the Hotel features amenities designed to appeal to business and group travelers, including a business center, indoor pool, fitness center, and approximately 1,250 square feet of meeting space.
Located just minutes from Downtown Conway, the Property benefits from the presence of several major demand generators paired with strong regional access via Interstate 40 and U.S. Highway 64. Multiple educational institutions are located within three miles of the Property, including University of Central Arkansas, Hendrix College, and Central Baptist College. With a combined enrollment exceeding 11,500 students, these universities reliably contribute to lodging demand through campus visits, conferences, special events, and visiting faculty. Likewise, lodging demand in the market is driven by Conway Regional Health System and Baptist Health Medical Center, both located just over three miles from the Property. The two health centers are comprised of a combined 300 hospital beds and serve tens of thousands of patients annually, contributing to lodging demand through health care visitations by families and traveling medical specialists. Corporate employers contribute additional demand for lodging by driving business travel and client visits. Top corporate employers operating near the Property include digital marketing agency Acxiom and non-profit Independent Case Management (ICM). Likewise, tourism, entertainment, and conference travel helps to sustain year-round demand for lodging thanks to local entertainment and event venues like Estes Stadium, the 10,000-seat home of the University of Central Arkansas football team and the 5,500-seat Farris Center, which hosts the university’s men’s and women’s basketball games. Both multipurpose venues are located less than 5 miles from the Hotel.
Conway, Arkansas is a dynamic and fast-growing city in Faulkner County, located approximately 30 miles north of Little Rock along the Interstate 40 corridor. Often referred to as the “City of Colleges,” Conway is home to three higher education institutions, contributing to a strong talent pipeline and vibrant local economy. The city hosts popular community events such as Toad Suck Daze and offers access to outdoor recreation at nearby Lake Conway and the Arkansas River. Its central location within the Little Rock metropolitan area provides convenient access to major employers in healthcare, education, manufacturing, and government sectors. Conway’s affordability is a key advantage, with home prices significantly lower than the national average, supporting continued residential and commercial growth. The city also benefits from reliable utility infrastructure, available development sites, business-friendly incentives, and a supportive environment for entrepreneurs. With its strategic positioning near major transportation routes and a growing regional population base, Conway is well suited for logistics, distribution, and expanding businesses seeking long-term opportunities.
BROKER OF RECORD
Steve Greer
Arkansas
P: (225) 376-6729
Lic #: PB00098133
