302 Main St, Melbourne, AR 72556-8282
- Motels
- 5,140 SF
- 0.51 lot acres
Current Use by Public Records
- Motels
Property Details for 302 Main St
- Year built
- 1979
- Lot size
- 0.51 lot acres
- Property type
- Motels
- APN
- 485-00118-000
- APU
- 48500118000
Sales History
| Date | Price | Buyer | Seller | Deed Type | Mortgage |
|---|---|---|---|---|---|
| Oct 31, 2023 | $325,000 | Denmill Cedar Lodge LLC | Nuview Trust Company | Warranty Deed | — |
| Sep 11, 2019 | $215,000 | Nuview Trust Company | Rock It Properties I LLC | Special Warranty Deed | — |
| Dec 14, 2018 | — | Rock It Properties I LLC | — | Deed · related | $200k · Jodi Smith |
| Nov 6, 2018 | $200,000 | Rock It Properties LLC | Stephen J Lyons | Warranty Deed | $200k · Jodi Smith |
Description
DenMill Cedar Lodge, located at 302 N Main Street in the heart of Downtown Melbourne, Arkansas, presents a compelling investment opportunity. This property encompasses approximately 5,140 square feet across two buildings situated on a half-acre lot. The lodge currently boasts 17 rooms, offering a unique blend of rental options. Four rooms are occupied by long-term tenants, providing a stable income stream. Eleven rooms are available for nightly rentals, catering to the tourism and short-term stay market. Two additional rooms are currently not in use
Value Estimations
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Location Insight
- Map
- Local Demand
- City
- Melbourne
- County
- Izard
- State
- Arkansas
- Longitude
- -91.9105
- Latitude
- 36.0591