4781 Ar 7, Jasper, AR 72641
This unique investment property in Jasper, Arkansas, boasts a prime location at the highest point on Highway 7, just minutes from the Arkansas Grand Canyon. The 6.89-acre parcel includes a ten-room motel with a newly installed roof and a separate laundry room. Also situated on the property is a comfortable two-bedroom, two-bathroom home featuring a two-car garage and updated PEX plumbing. Adding to the property's versatility is a cozy one-bedroom cottage. The historic Mockingbird Cafe is a significant component, having undergone substantial renovations. These improvements encompass a new roof, windows, HVAC system, PEX plumbing, updated electrical wiring, and reinforced attic and foundation. The property's history reflects decades of ownership by the original builders, presenting a rare chance for a new owner to revitalize and capitalize on this established business and residential complex. The high elevation location offers stunning views and easy access to a major highway, making it an attractive destination. This multifaceted property presents a compelling investment opportunity with significant potential for growth and return. The existing structures provide a solid foundation for immediate income generation and future expansion.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.