Property summary
This 1973-built, two-story hotel in Eureka Springs, Arkansas, presents a unique investment opportunity. The property, situated on a 1.42-acre lot (APN 925-01896-002), boasts 12 keys spread across approximately 4,800 square feet. Each of the twelve rooms features amenities including a microwave, TV, and mini-refrigerator, with room configurations varying to include double queen beds, king beds, and king rooms with jacuzzi tubs. The hotel's zoning is commercial, allowing for flexibility in its operation. Conveniently located approximately 1.5 miles from downtown Eureka Springs, the hotel offers guests easy access to the area's vibrant shopping, dining, and attractions. This established hotel is ideally positioned to capitalize on the thriving tourism industry in Eureka Springs. The property is a single building and is situated in Carroll County, Arkansas, with the address listed as 2015 E Van Buren, Eureka Springs, AR 72632. The asking price for this turnkey operation is $384,900.
Property profile
VerifiedCap rate & NOI
Current use
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Hotel & Motel
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Value estimation
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from $99/month
Cap rate
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from $99/month
Price sensitivity
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Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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