Fairfield by Marriott - Russellville

120 E Harrell Dr,
Russellville, AR 72802

 

$5,888,888
Price
$387,833
NOI
6.59%
Cap Rate
4.11
RRM
73
Total Rooms
$80,670
Price Per Key
$5,888,888
Price
$387,833
NOI
6.59%
Cap Rate
4.11
RRM
73
Total Rooms
$80,670
Price Per Key

73 Stylish Rooms & Fairfield Inn Brand

  • Unleash the potential of this cutting-edge Fairfield Inn, a haven of 73 chic guestrooms designed to captivate the modern traveler's imagination. Elevate your investment portfolio with a property that embodies Marriott's renowned commitment to excellence, appealing to both business elites and leisure seekers alike. Experience the allure of consistent high occupancy rates and unparalleled guest contentment, paving the way for substantial immediate gains and a robust financial future.
  • Dive headfirst into the realm of hospitality with this sophisticated Fairfield Inn, a sanctuary of 73 meticulously curated guestrooms tailored to the preferences of today's discerning nomads. Immerse yourself in the prestige of the Marriott brand, attracting a diverse clientele of corporate professionals and holiday adventurers seeking premium accommodations. Seize the opportunity to reap the rewards of exceptional occupancy levels and unswerving guest approval, establishing a solid groundwork for enduring prosperity.
  • Venture into the realm of hospitality excellence with this contemporary Fairfield Inn, a sanctuary of 73 deluxe guestrooms that embody the essence of modern luxury for the astute traveler. Embrace the esteemed reputation of Marriott, drawing in a spectrum of guests from business luminaries to vacation enthusiasts in pursuit of top-notch lodging experiences. Embrace the promise of consistent high occupancy rates and unwavering guest satisfaction, setting the stage for immediate financial gains and a stable platform for sustained success.

Proven Market Demand & Prime Location

  • Discover a lucrative investment opportunity at 120 E Harrell Dr, strategically positioned to attract a steady stream of university visitors, corporate travelers, and outdoor enthusiasts in bustling Russellville. Situated near Arkansas Tech University and prominent businesses, this property promises a versatile income potential that guarantees high and stable occupancy rates year-round.
  • Uncover the hidden gem of real estate at 120 E Harrell Dr, where the convergence of academic, corporate, and natural attractions creates a dynamic environment for maximizing returns on investment. With its prime location and diverse income streams, this property offers a compelling proposition for investors seeking a profitable venture in the heart of Russellville.

Established Revenue Stream & Growth Potential

  • Dive into the lucrative world of hospitality with this thriving hotel property at 120 E Harrell Dr!
  • Unleash the potential for exponential growth as you leverage its loyal clientele and solid profit history.
  • Elevate your investment game by implementing savvy marketing strategies, enhancing amenities, and forging strategic alliances to unlock new revenue streams and elevate guest satisfaction.

Turnkey Investment with Upside

  • Discover the ultimate turnkey investment opportunity at the Fairfield Inn, a meticulously managed asset that promises hassle-free ownership for savvy hospitality investors.
  • With the solid backing of Marriott's renowned reservations system and brand standards, this property boasts a seamless operational transition, allowing you to hit the ground running.
  • Elevate your ROI potential through targeted refurbishments and community involvement initiatives that are sure to boost income streams and enhance overall asset value.

Long-Term Asset Stability & ROI

  • With Russellville's thriving economy and consistent influx of visitors, this Fairfield Inn presents a lucrative opportunity for investors seeking strong returns.
  • Positioned to provide a blend of immediate cash flow and sustained property value growth, this hotel investment is primed to captivate those with a keen eye for ROI in a burgeoning market.

Economic Strength

  • Russellville, Arkansas, maintains a healthy and diverse economy, powered by industries such as manufacturing, energy, and food processing. Major employers—like Arkansas Nuclear One and Conagra Foods—have established significant operations in the area, boosting job creation and economic stability. Similar to other regions in Arkansas, Russellville benefits from competitive tax incentives, with state income tax rates ranging from 1% to 7% and property taxes averaging around 0.61% of home value, among the more favorable rates in the nation.

Infrastructure

  • Russellville’s strategic location along Interstate 40 and its investment in modern infrastructure make it a favorable hub for logistics and transportation. The city’s utility systems offer reliable service and room for expansion, ensuring that businesses and residents have the resources they need for growth. Its well-maintained roads, access to rail lines, and proximity to the Arkansas River further strengthen the city’s position as a regional commerce center.

Retail Growth

  • Recent commercial development throughout Russellville has accelerated retail and service-sector growth. The city’s vibrant downtown district has seen new restaurants, boutiques, and entertainment venues. In addition, areas near I-40 have attracted national retailers and franchises, contributing to Russellville’s expanding retail landscape and increasing local consumer spending.

Education and Innovation

  • With its advantageous location, steady visitor traffic, and robust local industries, Russellville presents an attractive setting for hospitality investment. The mix of university-related stays, corporate travel, and tourism translates into multiple revenue streams and year-round hotel occupancy. For investors, a property in this market offers significant potential for growth and long-term profitability.

Quality of Life

  • Russellville’s blend of small-town charm and modern amenities continues to attract families, professionals, and retirees. The city boasts reputable healthcare facilities, quality public schools, and abundant recreational opportunities—ranging from scenic trails along the Arkansas River to water sports on Lake Dardanelle. A strong sense of community, coupled with a business-friendly environment, contributes to a high standard of living for residents.

Top Companies in Russellville

  • Company Industry Approx. Employees Arkansas Nuclear One Energy (Nuclear) ~1,100 Conagra Foods Food Processing ~1,300 Tyson Foods Food Processing ~600 Arkansas Tech University Education ~1,600 Dow Chemical* Manufacturing ~400 Georgia-Pacific* Paper Products ~300 Rockline Industries* Consumer Products ~250

Key Infrastructure and Transportation

  • Interstate 40: Serves as a primary corridor linking Russellville to major cities like Little Rock and Fort Smith.
  • State Highway 7: Scenic route offering access to the Ozarks and various tourist destinations.
  • Proximity to the Arkansas River: Facilitates river commerce and supports industrial transport.

Arkansas Tech University (ATU)

  • Established in 1909, Arkansas Tech University has evolved into one of the state’s leading public universities, offering associate, bachelor’s, and graduate degrees. The university supports numerous research initiatives, fostering tech development and entrepreneurship in Russellville. ATU’s athletic teams, known as the Wonder Boys (men) and the Golden Suns (women), compete at the NCAA Division II level, contributing to local tourism and civic pride.

Healthcare

  • St. Mary’s Regional Medical Center: A key healthcare provider offering emergency services, specialized care units, and surgical facilities. Recent expansions and technology upgrades ensure quality medical care and support the area’s growing population.

Recreation and Tourism

  • Lake Dardanelle State Park: A popular destination for boating, fishing, and camping, featuring scenic views of the Arkansas River Valley.
  • Mount Nebo State Park: Known for its hiking and biking trails, panoramic overlooks, and hang-gliding opportunities, making it a must-visit for outdoor enthusiasts.
  • Petit Jean State Park: Located a short drive from Russellville, offering waterfalls, canyons, and historic sites, further enhancing the region’s appeal to nature lovers.
FOR MORE DETAILS CONTACT
Brent Preddy
President / Owner
(479) 968-5668
brent@alethesrealty.com
PB00063004
Nimesh Gokal
Commercial Sales
(479) 264-1622
nimesh@alethesrealty.com
SA00090028
Mital Patel
Commercial Sales
(501) 773-7377
mital@alethesrealty.com
SA00095561