11 White StEureka Springs, AR 72632

Property Details for 11 White St

Year built

1920

Construction

FRAME

Property size (Sq ft)

640 SF

Property type

Bed & breakfasts

APN

925-00962-000

APU

92500962000

Description

This exceptional Eureka Springs property, located at 11 White Street in the heart of the historic district (Carroll County, AR 72632), presents a lucrative investment opportunity. Priced at $385,000, this well-established nightly rental boasts two charming bedrooms and one full bathroom, all fully furnished and ready for immediate guest occupancy. The property features beautiful hardwood floors throughout, including the spacious living room, creating a warm and inviting atmosphere. A charming kitchen is perfect for preparing coffee and enjoying the view from the front porch. The bathroom includes a luxurious Jacuzzi tub and a walk-in shower, adding to the property's appeal. A private patio, accessible through French doors in the front bedroom, offers an outdoor retreat. Modern touches include a trendy barn door on the bathroom and a recently installed central HVAC system, with a new AC unit added in 2023 and a new roof in 2023. Its prime location allows for easy walking access to downtown shopping, acclaimed restaurants, and the renowned Historic Crescent Hotel. This turnkey operation is ideal for investors seeking a profitable and well-maintained hospitality asset in a highly desirable location. The property is classified as Commercial, Hospitality, and Land.

• CAP approach

  CAP return

  Valuation

  6%

  $63,368

  6.5%

  $58,494

  7%

  $54,316

• Comparable approach

  Method

  Valuation

  Relative Method

  $107,581

  Geo Method

  $107,581

• Alternative Use

  Use

  Valuation

  Residential

  $63,858

  Hospitality

  $58,494

  Educational

  $48,666

  Medical

  $50,340

  Retail

  $75,703

Location Insight

City

Eureka Springs

County

Carroll

State

Arkansas

Latitude

36.4045

Longitude

-93.7417

Property Tax & Assessments

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