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re: The Chancellor Hotel sale

Posted on 1/17/19 at 5:06 pm to
Posted by Arksulli
Fayetteville
Member since Aug 2014
25261 posts
Posted on 1/17/19 at 5:06 pm to
That is a really nice return on your investment.

As to the Arlington... I think it would be a good property to take on and rebuild.

Yes, it will need some work... but you can get it cheap because of that. Build it up, turn it around, and you have a prime real estate property you can sell.
Posted by Central Pork
Member since Jul 2014
1286 posts
Posted on 1/17/19 at 6:36 pm to
I live in Hot Springs and am very familiar with the Arlington. They keep the lobby area and dining places pretty nice, but the infrastructure needs a lot of work. I've been all over that place.

I hope someone comes along that puts the money into fixing things. With Oaklawn preparing to build a casino, it could turn into something great. It would be sad to see it torn down.
This post was edited on 1/18/19 at 6:14 pm
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