Lakeside Motel with RV
For Sale
$899,500
18 Coffee Creek Landing, Perryville, AR 72126
Commercial / Industrial, Traditional, Perryville, AR
Property Size5,908 SF
Lot Size3.25 Acres
Price / SF$152.25
Days on Market55
Property Features for 18 Coffee Creek Landing
General Information
Property type
Commercial Sale
Property subtype
Other
Parking
40
Interior features
Public Restrooms, Kitchen Area, Ceiling Fans, Showers
Lot features
Sloped, Level, Lake View, Lake Front
Directions
AR-10 W, turn right onto AR-300E, turn right onto Coffee Creek Rd. Destination will be on the right.
Subdivision
Perry County
Standard status
Active
Size
5,908 SF
Lot size
3.25 Acres
Taxes and HOA fees
Tax Description
PT NE NW
Tax Annual Amount
4758
Legal Description
PT NE NW
Utilities
Water front
1
Amenities
laundry and restroom building
propane refill service
RV parking spaces
Building Details
Year built
1970
Floors in Building
1
Roof type
Composition
Architectural style
Other
Listing Agency:
LPT Realty · RE/MAX International
(501) 291-3841
Listed By:
Kelly Wei · License #EB00074530
(501) 860-8306
Added: Aug 3
Changed: Aug 21
Last Checked: Sep 26 at 4:06PM
MLS# 26031602
Copyright © 2026 Cooperative Arkansas Realtors Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
Set on 3.25 acres at Harris Brake Lake, this hospitality property includes a 5,908-square-foot motel operation with 8 units, four cottages, and a retail store positioned directly along the lake. A separate laundry and restroom building supports guest use, while interior features include public restrooms, a kitchen area, ceiling fans, and showers. The improvements date to 1970 and include a composition roof.
The property also includes 15 RVs and 40 RV parking spaces, along with a propane refill service. Located at 18 Coffee Creek Landing in Perryville, Arkansas, the site brings lodging, retail, recreational-vehicle accommodations, and supporting facilities together in one lake-oriented property.
The property also includes 15 RVs and 40 RV parking spaces, along with a propane refill service. Located at 18 Coffee Creek Landing in Perryville, Arkansas, the site brings lodging, retail, recreational-vehicle accommodations, and supporting facilities together in one lake-oriented property.
Key Highlights
- 8 motel units overlooking Harris Brake Lake
- Four cottages included with the property
- 5,908‑square‑foot property on 3.25 acres
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$58,778
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
6.53%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,175,560
$1.2M
Cap Rate 7%
$839,686
$839.7K
Cap Rate 9%
$653,089
$653.1K
Market Conditions
NOI Build-Up for 5,908 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$89.3K $15.12/SF
− Vacancy
−$5.4K −$0.91/SF
EGI
$84.0K $14.21/SF
− OpEx
−$25.2K −$4.26/SF
NOI
$58.8K $9.95/SF
Area
Perry County, AR
Vacancy
6.00%
Lease Rate
$15.12 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,175,560
Cap Rate 7%
$839,686
Cap Rate 9%
$653,089
Alternative Uses
Best Use
Retail
$839.7K
$734.7K – $979.6K
NOI $58,778 @ 7.0% cap · market cap 6.53%
Second Best
Apartment 5plus
$682.2K
$596.9K – $795.9K
NOI $47,751 @ 7.0% cap · market cap 5.31%
Theoretical Best
Office A
$1.20M
$1.05M – $1.40M
NOI $84,203 @ 7.0% cap · market cap 9.36%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Current Use
Lease Details
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
10
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 72126, AR
3,649
Population
1,782
Households
2
Avg Household Size
44
Median Age
18%
College-Educated
94%
High-School Grad
203.3 sq mi
ZIP Area
18
Density / Sq Mi
$58,843
Median Household Income
$45,103
Median Earnings
$589
Median Rent
$130,900
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Similar Off Market Nearby
- Gigis — 30 Trout St, Perryville, AR 72126
Frequently Asked Questions
What type of property is this?
Motel - Hospitality property combines motel rooms, cottages, retail space, and guest-service facilities beside Harris Brake Lake.
Where is this motel located?
The property is located at 18 Coffee Creek Landing Perryville, AR.
What is the asking price?
The asking price for this property is $899,500.
What are key features of this property?
This property features: 8 motel units overlooking Harris Brake Lake; Four cottages included with the property; 5,908‑square‑foot property on 3.25 acres
