for sale

Best Western Winners Circle

2520 Central Ave | Hot Springs, AR 71913

Price:
$10,300,000
Number of Rooms:
120
Building Size:
48,235 SF
Year Built:
1960
lot size:
3.04 AC
Hotel Type:
limited service

Investment Highlights

  • 120 units, two-story, exterior corridor
  • Offered at $85,833/key
  • Home to the #1 tourist attraction in the state – Hot Springs National Park and directly across from Oaklawn Racing and Gaming
  • 2024 Revenue: $2,333,009
  • Last Four Year Average NOI: $889,061

Property Description

The Bowman Post Group of NewGen Advisory is pleased to present a compelling investment opportunity: the Best Western Winners Circle – Hot Springs, AR.  This well-established and consistently performing hotel property is strategically located in the thriving tourism market of Hot Springs, Arkansas. The 120-unit, exterior corridor hotel benefits significantly from its prime positioning directly across from Oaklawn Racing and Gaming, the statewide top driving entertainment and economic attraction of consistent visitors. The Best Western Winners Circle – Hot Springs, AR is in close proximity to the renowned Hot Springs National Park, ensuring a steady stream of leisure travelers seeking quality accommodation.

Location Description

Nestled in the Ouachita Mountains, Hot Springs, Arkansas, is a distinctive resort city famous for its naturally heated thermal spring waters, protected within Hot Springs National Park, the oldest federal reserve in the U.S. Revered for centuries by Native Americans and later flourishing as a 19th and 20th-century spa town with the iconic Bathhouse Row, Hot Springs also holds a colorful history as a temporary state capital and a notorious gangster hideout, alongside its significant baseball spring training legacy. Today, it blends natural beauty and historic charm, offering visitors thermal bath experiences, national park exploration, and attractions like Oaklawn Racing Casino Resort and Garvan Woodland Gardens.

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Click the “Complete Confidentiality Agreement” button below to access the due diligence files. After you submit the CA form, you will receive an automated email with links to the due diligence files and offering memorandum. 

Brendan “Mac” Bleier
Vice President
CA #02084909
(805) 557-8867
mac.bleier@newgenadv.com

Kevin Bleier
Associate
CA #02225168
(805) 500-2155
kbleier@newgenadv.com

BROKER OF RECORD

Samuel Zalowitz

Zalowitz Commercial Realty

AR #PB00066389

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