3169 E Van Buren, Eureka Springs, AR 72632

$1,799,000
25,000
SqFt

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List Price
$1,799,000
Status
ACTIVE
Days on Market
221
MLS#
ARKMLS-1334663
Subtype
Commercial Sale
Year Built
1994
Living Area
25,000
Acres
2.75

Property Description

Incredible income producing hotel located in the heart of beautiful Eureka Springs, AR. This well maintained property features 60 guest rooms across 2 floors, many with balcony access, and sits in a prime location on Hwy 62 with excellent visibility and traffic flow. Room mix includes king rooms (with and without jetted tubs) and double queen rooms, appealing to a wide range of travelers. Each room is equipped with a TV, and select rooms offer mini fridges, microwaves, and coffee makers for added guest comfort. Guests enjoy a swimming pool and easy access. A proven, consistent occupancy record year over year. This is a true turnkey investment with immediate cash flow, plus major capital improvement already completed, a brand new roof in 2024. On site living quarters are included, ideal for owner operators or on site management. Conveniently located 1.7 miles from The Great Passion Play, 2.9 miles from Historic Downtown Eureka Springs, and directly on the Yellow Trolley Route (Stop #46), a huge draw for tourists.

Additional Information

Taxes
$11,400
Flooring
Carpet, Tile
Appliances
Electric Water Heater
Heating
Electric, Heat Pump
Air Conditioning
Electric, Heat Pump
Roof
Architectural, Shingle
Parking Features
Parking Lot

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Calculator source: Real Geeks

Listing courtesy of Keller Williams Market Pro Realty Bentonville West. 479-231-1355