Family Budget Inn - Status: SOLD
401 South Main Street
Highway US 65 Business
Harrison, AR 72601
County: Boone

$987,500 • 7 Acres • 46 Rooms  

Property Description:
The Family Budget Inn has been maintained in excellent condition and features a free continental breakfast, Cable TV, WIFI internet in all rooms, a guest laundry, exterior corridors and a large outdoor pool with sun bathing deck. The telephone system is a Mitel SX 50 and there are two ice machines for guests' enjoyment.
 
The guest rooms are all ground floor with ample parking, are heated and cooled by through the wall Room Units, have 20 inch TVs and the room phones have data ports. The motel laundry is roomy and is well equipped with a Wascomat commercial washing machine and two commercial dryers.
 
Room Revenue in 2007 was $395,026, 67% Occupancy, $35 ADR and $23.53 RevPar
Room Revenue in 2006 was $385,614, 67% Occupancy, $34 ADR and $22.97 RevPar
Room Revenue, Occupancy and RevPar are steady and 2008 numbers should be approximately the same as in 2007.
 
Guests enjoy staying at the Family Budget Inn because besides being very nice it is convenient to numerous restaurants, convenience stores and shopping malls.

The present owner has owned for 13.5 years and wants to buy a larger property.

Go to www.harrisonarkansas.org  and www.arkansas.com for more information about Harrison and Arkansas and www.familybudgetinn.com for a preview of the Family Budget Inn.

Location Description:
The attractive Family Budget Inn is situated on approximately 7 acres of very valuable land in a choice and busy location on Highway US 65 Business that is convenient to all of Harrison’s and surrounding area attractions including Golf at Harrison Country Club, Two Museums, Lake Harrison and four other area lakes, Trout fishing on White River, near Buffalo National River, Branson, Missouri and Eureka Springs, Arkansas. There is a 2 bedroom, 1.5 bath apartment for the owner or manager.

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