131 Walnut St, Calico Rock, AR 72519
Embrace the charm of Cold Creek Manor, a fully renovated 1,200 square foot Airbnb nestled in the heart of Calico Rock, Arkansas. This unique property boasts a rich history and modern amenities, offering a blend of old-world charm and contemporary comfort. The main house features a welcoming living room, a well-equipped kitchen complete with a breakfast bar, and three spacious bedrooms – two with full-size beds and one with a queen. A large bathroom includes convenient in-unit laundry facilities. Step outside to discover a custom-built grilling and sitting area, a practical utility shed, and a cozy custom fire pit, all complemented by ample gravel parking. The property also includes two additional lots adjacent to the main house, each with utilities in place, presenting exciting opportunities for future expansion or development. Currently operating as a part-time/seasonal Airbnb, the property generates approximately $22,000 in gross annual revenue. However, with year-round bookings, the income potential is significantly higher. Located near the Calico Rock Historic District and a trout fishing service/dock, this property offers a unique investment opportunity in a picturesque setting, overlooking the stunning Ozark Hills and White River. The property sits on a 0.5-acre lot and has three separate APNs: 310-00043-000, 310-00046-000, and 310-00040-000. This is a rare chance to own a piece of Arkansas history with significant income potential. Asking price is $269,900.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
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Property description
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