Commercial Real Estate Arkansas

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Tranzon Auction

Bankruptcy: 179-Room Hotel | 5+/- Acre Interstate
Development Site in Jonesboro, AR

Auction: June 13, 2018, Noon CT

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Attention Developers & Hoteliers: Excellent Rehab or Redevelopment Oppty.

Property Details:

  • 5+/- acre site on I-555 at South Caraway Road, Exit 42, in Jonesboro, Arkansas

  • Originally developed as a 179-room Holiday Inn, the property occupies the strategic northeast quadrant of the interchange

  • 130,000+/- sq. ft. hotel building offers:
    • Separate restaurant, bar, and breakfast buffet spaces
    • Multiple event spaces and conference rooms
    • Equipped kitchen
    • Indoor pool
    • Numerous flat-screen TVs, which convey along with all owned personal property

  • Frontage on I-555 exit ramp, S. Caraway Rd., and Phillips Dr.

  • Flexible C-2 zoning

  • Prime location adjacent to hotels, restaurants, convenience stores, and other thriving interstate and commercial enterprises

  • Traffic counts:
    • I-555 near S. Caraway Rd. exit: 36,000+/- vehicles/day
    • S.Caraway Rd.: 25,000+/- vehicles/day
    • Phillips Dr.: 5,700+/- vehicles/day

Property and Auction Location:
3006 South Caraway Rd
Jonesboro, AR 72401

Property Preview:
Tuesday, June 5, Noon CT

Auction Date and Time:
Wednesday, June 13, Noon CT, on-site

Can’t attend in person? Contact Tranzon representative by Monday, June 11, 2018, to arrange phone or online simulcast bidding.

For Additional Information:
Please tap or click "View Property" above to visit the listing at, then be sure to download the Property Information Package by clicking on the words under "Documents to Download." By downloading this package, you will alert Tranzon Asset Advisors to your interest in this property and you will receive emails with any updates on this auction. The package contains information needed to participate in bidding at auction.

You may also call Timothy Mast, CAI, AARE at (888) 791-7307 Ext 84 with any additional questions you may have.

Tranzon Asset Advisors | Edward D. Durnil, AR Real Estate #PB000060144 | Tim Mast, AR Auctioneer #1955 | U.S. Bankruptcy Court, Eastern District of Texas, Sherman Division, Case No. 17-40311

See All of Our Properties Tranzon Auctions

Tranzon Asset Advisors is a member company of Tranzon, LLC. All Tranzon companies are independently owned and operated. Information contained herein is believed to be correct to the best of auctioneer/agent's knowledge but is subject to inspection and verification by all parties relying on it. Sellers, their representatives and auctioneer/agent shall not be liable for inaccuracies, errors, or omissions. All square footage and other dimensions are approximate. This offering is subject to prior sale and may be withdrawn, modified or cancelled at any time without notice.

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