Clarion Resort

Hot Springs, AR 71913, US
Real Estate
hotspringsclarion.com

The Clarion Resort is a full service hotel with restaurant, bar and recreational facilities located on Lake Hamilton in Hot Springs, Arkansas.

The Clarion Resort is being sold by an enterprise that is in the process of liquidating all of its hotel properties. With over 100 properties at one time, the decision was made to sell each property upon the expiration of the franchise agreement. As the sale was anticipated, no remodeling or updating has been performed in eight years. While the property is clean and well-maintained, it represents an opportunity to realize a value-add with the updating and upgrading of the facilities. It boasts a unique market position in that it is the only full service hotel with frontage on Lake Hamilton. Additionally, there is no further zoning on the lake for any new hotel properties. It also has meeting and banquet facilities in excess of 9,000 square feet and is the fourth largest hotel in Hot Springs in number of guest rooms. In addition to the amazing views, the guests have the use of the dock, ramp and boat slips. With excellent visibility from Highway 7, the Clarion Resort is a longtime landmark in the Hot Springs area.

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Summary

Prior Year Revenue Current Year Revenue Next Year Revenue
Company Age Employees Sub-Industry
3 years, 1 month 4 Property Investment & Management
Company Type Stock Exchange Stock Symbol
Privately-Held - -

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Funding

79%

Funding Goal$7,000,000

Funding Raised So Far$5,500,000

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Funding Remaining$1,500,000

Funding TypeEquity

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