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12-Unit Short-Term Rental Property
For Sale
$799,000

2017 E Van Buren, Eureka Springs, AR 72632

Remodeled hospitality property with active short- and mid-term rental operations.

Property Size4,800 SF
Price / SF$166.46
Days on Market55

Property Features for 2017 E Van Buren

General Information

Standard status Active
Size 4,800 SF
Listing Agency: eXp Realty NWA Branch
Listed By: Jennifer LeViseur · License #SA00098925
Source: Connectrealtynwa
Added: Jul 9 Changed: Aug 31 Last Checked: Aug 31 at 5:05PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of eXp Realty NWA Branch

Investment Insights

Based on property information with market context.

This 4,800-square-foot property at 2017 E Van Buren in Eureka Springs contains 12 rental units within a 1973-built improvement. The asset has undergone extensive updates, including LVP flooring, refreshed furnishings, smart-lock installation, HVAC work, plumbing and electrical improvements, exterior painting, and landscaping. Six units operate as short-term rentals, while six serve mid-term guests.

Operations are active across Airbnb, VRBO, Booking.com, and a direct-booking website, with current short-term reservations and mid-term occupants in place. A grandfathered STR permit is associated with the property, while new short-term-rental permits are banned in residential zones within the market described. Additional concepts identified for the property include a hot tub and an outdoor fire-pit or gathering area. Financial statements and projections are available upon request.

Key Highlights

  • 12 units totaling 4,800 SF
  • Balanced operating model with 6 short‑term and 6 mid‑term rental units
  • Grandfathered STR permit; new STR permits are banned in residential zones

Property Analytics

Current Use

Short term rental ...

Suggested Use

Top Pick Building Supply Auto Repair Shop HVAC Service Grocery & Convenience Store (Bike/Boat/Book/etc) Store Home Appliance Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

308
Businesses Nearby

Demographics for 72632, AR

4,704
Population
2,840
Households
1.7
Avg Household Size
55
Median Age
30%
College-Educated
96%
High-School Grad
97.8 sq mi
ZIP Area
48
Density / Sq Mi
$45,990
Median Household Income
$28,700
Median Earnings
$838
Median Rent
$228,600
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Short term rental property - Remodeled hospitality property with active short- and mid-term rental operations.
Where is this short term rental property located?
The property is located at 2017 E Van Buren Eureka Springs, AR.
What is the asking price?
The asking price for this property is $799,000.
What are key features of this property?
This property features: 12 units totaling 4,800 SF; Balanced operating model with 6 short‑term and 6 mid‑term rental units; Grandfathered STR permit; new STR permits are banned in residential zones
More about this property
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