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27786495
27786496

617 Broadway St, Little Rock, AR 72201 For Sale

SP
CA 01219756
Amber Hotel Company
Listed by Amber Hotel Company
$8,000,000
271 days on market
Updated 10 days ago

La Quinta Inn & Suites by Wyndham Downtown Conference Center

Details
APN 34L-020-06-010-00
Property Type Hospitality
Sub Type Hotel
Keys 261
Brand/Tenant La Quinta Inn & Suites, Wyndham
Year Built 1972
Buildings 2
Stories 11
Acreage 1.290

268 Room, 11 Story Interior Corridor La Quinta Inn & Suites in Downtown Little Rock

Marketing description

ALL OFFERS ENCOURAGED

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. The property is just a few miles away from Interstate 40, 30, 57, and only six miles from the Clinton National Airport.

The hotel has been closed since 2022 when there was a plumbing leak, with between 60 and 100 rooms empty since then. The hotel has since been fully repaired and the Owner has installed a brand-new fire panel system. The hotel offers a clear value-add opportunity for an experienced operator, with an opportunity for a rebrand to Hyatt, Best Western, or other available brands. Amenities include a breakfast area, business services, fitness center, and pet-friendly accommodations.

According to Costar and STR data, eight other competitive upper-midscale hotels with room counts ranging from 100 to 150 units nearby average 57% occupancy and $106 ADR in the Running 12-month period as of September 2025, a RevPAR of $60, showing strong opportunity for high revenues once the rooms are updated to compete at the upper midscale level again.

Little Rock, the state capital and largest city in Arkansas, has a 2025 population of 204,647 and serves as the state’s center for business, government, and culture, supporting steady demand for lodging in the downtown market. Nearby attractions include the Little Rock Central High School National Historic Site, William J. Clinton Presidential Library, Pinnacle Mountain State Park, Museum of Discovery, River Market District, Rock Town Distillery, Big Dam Bridge, Arkansas State Capitol, and Riverfront Park.

The listing agent for this property is Timothy Takao (AR#PB00092160), please contact Tim with any inquiries at ttakao@amberhc.com or (818) 851-3314

Investment highlights

  • ALL OFFERS ENCOURAGED
  • 261 Units
  • 11 Story, Interior Corridor Hotel
  • Prime Location in Downtown Little Rock
  • Appraised for $9,100,000 in December 2025
  • Seller Preparing to Open the Hotel in April-May 2026
  • 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 and a Few Miles from Clinton National Airport (LIT) and the Statehouse Convention Center
  • Direct Access to Interstate 30
  • Offers Encouraged - Priced to Sell at $30,000 Per Key

Listing Contacts

SP
CA 01219756
Amber Hotel Company
Listed by Amber Hotel Company

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