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    FOR SALE
    Motels

    3169 E Van Buren, Eureka Springs, AR 72632

    23,910 SF 2.75 ac lot Built 1994
    Individually Owned 7-yr Hold Free & Clear
    Property ID
    US05-0483396
    Property summary
    AI-generated overview

    This fee-simple, stabilized hotel investment opportunity in Eureka Springs, Arkansas, presents a compelling prospect. The property, known as Hotel O, boasts 60 keys across three buildings, totaling 23,910 square feet on a 2.75-acre lot. Built in 1994 and meticulously maintained, the hotel features a variety of room configurations, including jacuzzi suites, adjoining rooms, two-room suites, balconies, exterior and interior access rooms, handicap-accessible rooms, and rooms with king or double-queen beds. The property includes a large fenced-in pool with a lounge deck and a separate deck retreat featuring a fire pit offering stunning Ozark Mountain views. A sprinkler system protects the main building, manager's suite, and lobby. All buildings received a new roof in 2024. The hotel operates under the OYO Hotels brand. The property is zoned CI - Commercial Improved and has an APN of 925-02212-000. Financial statements for fiscal years 2022 and 2023 are available upon request, showcasing the property's strong operating performance. Located at 3169 E. Van Buren, Eureka Springs, AR 72632, this property offers a unique blend of established hospitality and significant growth potential. The asking price is $1,750,000, translating to $73.19 per square foot.

    Property profile
    Verified
    Property type Motels
    Use group MOTEL
    Year built 1994
    Total area 23,910 SF
    Lot 2.75 ac (119,790 SF)
    APN 925-02212-000
    UPID US05-0483396
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • Hotel O Eureka Springs - Christ of Ozark Area Hotel & Motel
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    $1.32M
    Blend (final) Blend
    $1.27M
    Owner & transaction history
    Mary Carole Freeman · 7 yrs held
    Mary Carole Freeman
    since 2019
    2 recorded transactions
    2019
    $220,000
    2012
    $670,000
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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    More about this property
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