RUSSELLVILLE, AR
Hodges Ward Elliott (“HWE”) is pleased to present the opportunity to acquire the 108-room Courtyard Russellville (the “Hotel”, or “Property”). Opened in 2018, the strong-performing, select-service Hotel enjoys a highly visible location along Interstate 40, less than one mile from Arkansas Tech University. The Property benefits from its best-in-market brand affiliation, presence in a diverse and expanding economic base, and proximity to a variety of regional leisure activities including multiple state parks.
| Address: | |
| Year Opened: | 2018 |
| Keys: | 108 |
| Stories: | 4 | Meeting Space: | 1,715 SF |
| The Bistro | |
| AMENITIES: |
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| Fee Simple | |
| Management: | Unencumbered |
INVESTMENT HIGHLIGHTS
Strategic Location on I-40
The Property lies along Interstate 40, the major highway running through Russellville, which carries over six million vehicles each year. This prime frontage gives the Hotel exceptional visibility and easy access to the greater Russellville area as well as the broader region. Strategically positioned roughly 70 miles west of Little Rock and 80 miles east of Fort Smith, Russellville benefits from access to both metropolitan markets, infrastructure, and logistical networks. I-40 connects the city directly east-west, enabling efficient movement of goods, services, and labor between regional hubs. This midpoint location makes Russellville particularly attractive for distribution, manufacturing, and other industries reliant on multi-market connectivity.
Close Proximity to Arkansas Tech
Less than a mile from the Hotel, Arkansas Tech University (ATU) serves as a cornerstone of Russellville’s economy and workforce development, supporting more than 8,700 students across its main and satellite campuses and contributing over $200 million annually to the regional economy. The university offers a comprehensive mix of undergraduate, graduate, and technical programs designed to align with industry needs in healthcare, technology, and manufacturing. ATU recently secured a $6.1 million GEAR UP grant from the U.S. Department of Education to expand college readiness for over 1,150 students in the Russellville and Clarksville School Districts. The university also partners closely with local employers such as Rockline Industries through initiatives like the Rockline Career Accelerator Program, which provides students with hands-on experience and direct career pathways in advanced manufacturing.
Regional Healthcare Hub
Both within 15 minutes of the Courtyard, Saint Mary’s Regional Health System and Dardanelle Regional Medical Center form vital pillars of healthcare in the River Valley. Just down Arkansas Road, Saint Mary’s is a 170‑bed acute care hospital and Level III Trauma Center that serves as a major employer in the region with about 100 active physicians and roughly 750 total employees. Dardanelle Regional Medical Center, a critical access hospital with 35 beds and over 100 medical professionals, offers crucial services like emergency care, inpatient medicine, family practice, radiology, therapy services, and outpatient clinics.
Growing Business Environment
Russellville’s recent economic growth is being driven by transformative industrial investments. Americold is leading with a $90-million expansion that will add a 131,000-square-foot automated cold storage and distribution facility, reinforcing the city’s role in food logistics. Taber Extrusions is investing $70 million in a 125,000-square-foot expansion anchored by North America’s largest direct extrusion press, advancing Russellville’s position in aerospace and defense manufacturing. Owens Corning is also developing a 150,000-square-foot insulation plant in the East End Industrial Park, representing a $60 million investment that strengthens regional supply chains and supports sustainable building materials production. Entergy remains a staple of the Russellville industrial base with its Arkansas Nuclear One power plant. The plant, Arkansas’ only nuclear power plant, provides energy for more than 730,000 Entergy customers, is responsible for $21 million in state and local taxes, and continuously attracts talented workers to the area, employing over 1,000 full-time employees and hundreds of contractors. Collectively, these projects highlight Russellville’s growing industrial base together with its recognition as a “Competitive Community” by the Arkansas Economic Development Commission.
TABER EXTRUSIONS PLANT EXPANSION
OWENS CORNING PLANT GROUNDBREAKING
ARKANSAS NUCLEAR ONE POWER PLANT
MOUNT NEBO STATE PARK
ARKANSAS RIVER VALLEY
Outdoor Leisure Activities
The Property is surrounded by natural amenities that attract leisure travelers and outdoor enthusiasts alike. Russellville derives much of its character and economic vitality from its river systems and state parks. The Arkansas River and Lake Dardanelle offer premier opportunities for boating, fishing, and camping, serving as key recreational anchors for the region. Nearby, Mount Nebo State Park rises roughly 1,350 feet above the River Valley, providing scenic overlooks, hiking and biking trails, and a blend of natural beauty and historic charm that enhances the area’s quality of life. Together, Lake Dardanelle State Park and Mount Nebo function as both outdoor destinations and economic catalysts, supporting hospitality, tourism, and service industries while reinforcing Russellville’s identity as a vibrant, environmentally rich community.
LAKE DARDANELLE
EXCEPTIONAL PERFORMANCE WITH CONTINUED UPSIDE
The Property has exhibited strong and consistent performance, ranking among the RevPAR leaders in the market over the past five years, due to its A+ location and top-tier branding. A PIP refresh will continue to bolster rate growth and reinforce the Hotel’s positioning in the market.
OPTIMAL OFFERING - FEE SIMPLE, NON-UNION, UNENCUMBERED BY MANAGEMENT
The Property is offered fee simple and free and clear of existing management and financing, affording new ownership maximum optionality in the future operation and capitalization of the Hotel.