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Published on: Tuesday, December 23, 2025

Updated on: Tuesday, December 23, 2025

About the Lister

Name: Timothy Takao

Company: Amber Hotel Company

Office Phone: 8188513300

Cell Phone:

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La Quinta Inn & Suites by Wyndham Downtown Conference Center

617 S Broadway St Little Rock Arkansas , 72201

Amber Hotel Company
Listing ID: CL-Arkansas-27179 Inn/Lodging and Hospitality

Purchase Option

Asking Price: $8,000,000.00

Acquisition Option: Traditional Purchase

Cap Rate (%): Contact Lister

Net Operating Income: Contact Lister

Quick Glance

Listing ID: CL-Arkansas-27179

Status: Accepting Offers

Financing: Third Party Financing

Occupancy: N/A

Year Build: 1972

Building Size: 254,993.00 SqFt

Lot Size: 1.29 Acre

No of Stories: 11

No of Parking: N/A

Offer to Millionaire Club: No

Business Available for Sale: No

Is Net Lease Investment: No

Property On Ground Lease: No

Building Status: Existing

Listing Summary

The La Quinta Inn & Suites Downtown Little Rock is a 261-room, 11-story, interior corridor hotel located in the heart of Little Rock, Arkansas.

Complete Details

Year Build: 1972

Building Size: 254,993 SqFt.

No of Stories: 11

Total Lot Area: 1.29 Acre

No of Parking: N/A

No of Total Units: 261

Property Current Status: Normal Sale

Building Status: Existing

Heating and Cooling: Heating and Cooling

Building Class: B

Property on Ground Lease?: No

Net Lease Investment?: No

Business Price Included?: No

Roofing: Not Specified

Occupancy: 0%

Full Description

261-Room Downtown Little Rock Hotel: Major Repositioning Opportunity

This 11-story, interior-corridor hotel, formerly a La Quinta Inn & Suites, is ideally situated in the heart of Downtown Little Rock, Arkansas. This asset presents a significant value-add opportunity for an experienced operator to reposition and reintroduce a major brand to the market.

Key Investment Highlights:

Size & Scale: Dominant 261-room property in a key downtown location.
Ready for Restart: Closed since 2022 due to a plumbing incident, the property has been fully repaired, including the installation of a brand-new fire panel system.
Rebranding Potential: Opportunity for a favorable rebrand to a Hyatt, Best Western, or other prominent flag, allowing the new owner to capture market share.
Strong Market Data: The competitive set (Upper Midscale, 100-150 rooms) averages 57% occupancy and $106 ADR (RevPAR $60, as of Sep 2025), demonstrating significant potential for high revenues once the asset is updated and fully operational.
Prime Location: Located near major highways (I-40, 30, 57) and only six miles from Clinton National Airport. The downtown location benefits from strong business, government, and cultural demand drivers (Clinton Library, River Market District, State Capitol).

Acquiring this large, repaired hotel offers the chance to capture substantial RevPAR in a robust capital city market.

Additional Properties

Property Highlights

261 Units
11 Story, Interior Corridor Hotel
Priced to Sell at $30,000 Per Key
Prime Location in Downtown Little Rock
Absentee Ownership, Perfect Opportunity for Focused Owner
Currently Closed: 60+ Rooms of the 261 Are Unfurnished. Property Has Been Repaired and Updated with New Sprinkler System Following Plumbing Leaks in 2022
5-Story Parking Garage Located Behind the Hotel is Included
Multiple Flags Available for Conversion including Hyatt, Wyndham Brands including La Quinta, Choice brands including Clarion Pointe, Best Western, and Others
5,500 (+/-) Sq Ft of Event Space
Walking Distance to the Arkansas State Capitol, the River Market, the Arkansas River, the William J. Clinton Presidential Library & Museum, and a Few Miles from Clinton National Airport (LIT) and the Statehouse Convention Center
Direct Access to Interstate 30 and Several Other Interstates
Offers Encouraged

Features

Zoning: UU - Development of traditional urban form with multiple permitted uses.
Corridor: Interior
Business Center, Fitness Center, Pool, On-Site Retail
Parcel Number: 34L-020-06-010-00
ROOM MIX INFORMATION:
DESCRIPTION: Suite - No. ROOMS: 12 - DAILY RATES: $113.00
DESCRIPTION: Guest Room - No. ROOMS: 249 - DAILY RATES: $97.00

Additional Links

Other: https://amberhc.com/property/38993/
Other: https://amberhc.com/
Social: https://www.linkedin.com/in/tim-takao/

Contacts

No Additional Contacts.

Listing Location

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