110 Huntsville Rd Eureka Springs, AR 72632-9399

Exceptional investment opportunity in Eureka Springs, Arkansas! This four-story, 17,020 square foot Ozarka Lodge boasts 45 keys, including 29 double queen rooms, 11 king rooms, and 4 king rooms with jacuzzi tubs, plus one additional double queen room with a jacuzzi tub. The property also includes a two-bedroom living quarter with a kitchen, dining room, living room, and private balcony, ideal for employee housing. Built in 1985, the cinder block structure features a metal sloping roof with a recently updated (7-8 years old) concrete underlayment. The 0.91-acre lot provides ample space. Room rates range from $69-$79 per night during the week and weekends, increasing to $89 during peak seasons and $139 for major events. Jacuzzi rooms command higher rates, reaching $189 during events. The property offers a strong financial profile, with an estimated gross income of $384,000, expenses of $239,000, resulting in a net operating income (NOI) of $145,000 and a 9.10% capitalization rate. The asking price is $1,599,900 ($94 per square foot), significantly below current construction costs. The property's location at 110 Huntsville Rd, Eureka Springs, AR 72632, offers excellent access to the area's attractions. The property features an on-site pool with convenient under-access. APN: 925-01913-000.