Property summary
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.
Property profile
VerifiedCap rate & NOI
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
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Value estimation
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Cap rate
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from $99/month
Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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