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25782536
24146819

3134 E Van Buren, Eureka Springs, AR 72632

TS
AR EB00066512, MO 2021001585
KW Commercial Fayetteville, AR
Listed by KW Commercial Fayetteville, AR
$5,000,000
771 days on market
Updated 13 days ago

Cinnamon Valley

Details
APN 001-07787-000, 001-07873-001, 925-02209-000
Property Type Hospitality
Sub Type Hotel
Square Footage 9,607
Keys 10
Beds 11
Cap Rate 5.48%
NOI $273,998
Price per SqFt $520
Year Built 1990, 2001
Buildings 10
Acreage 135.850

Hospitality | 5.48% CAP | 10 Keys

Marketing description

Discover Cinnamon Valley, a luxury log cabin retreat nestled on +/- 136 acres in the Ozark Mountains. This enchanting property boasts 9 fully furnished luxury cabins, each offering a blend of comfort and elegance, on-property trails, as well as a plush management office with modern amenities, large washer and dryer, and guest lobby. Six spring-fed lakes run throughout the year offering prime fishing spots filled with Bass, Crappie, Perch, and Catfish. With expansive grounds, and less than 10% being utilized, there's ample opportunity for expansion, including two electrical junctions for future cabins. In 2023, gross income surpassed $575,000. Maximized pricing, and occupancy, would offer substantial increases in revenue. Furnishings and equipment, worth +/- $850,000, are included such as a tractor, 2007 Toyota Tacoma, tools for property management and more. Just 1.5 miles from Downtown Eureka Springs and 7.5 miles from Beaver Lake and the White River, guests enjoy convenience and abundant recreational opportunities.

Investment highlights

Settled on +/- 136 Acres in Eureka Springs, in the Ozark Mountains of Northwest Arkansas.

9 Turnkey Luxury Cabin Rentals, FULLY Furnished, plus 1 Management Office with Plush Living Quarters equipped with Large Washer and Dryer, wrap-around Porch, Guest Lobby, and serene yard.

Six spring fed lakes stocked with Bass, Crappie, Perch, and Catfish.

7.5 Miles as a crow flies to Beaver Lake, and 10 minutes to fish the famous White River which offers Walleye, Trout, White Bass, and Paddlefish experiences, and more such as canoe/kayaking trips.

Room for expansion - Existing Infrastructure occupying less than 10% of the total grounds - 2 Electrical Junctions for future cabin developments, space to build where cabins can tie into existing leach fields.

2023 Gross income was over $575,000.

Upside: Increase pricing, the property is always booked. Build more cabins, could easily build another 15 cabins without disturbing the tranquility of the resort. Could also buy as a package and sell individually for $650k to $750k then create an HOA that generates revenue through management.

1.5 Miles to Downtown Eureka Springs with fabulous dining and shopping opportunities.

Comes with +/-$850,000 in furnishings and equipment available with this turnkey business operation in Northwest Arkansas - a Tractor, 2007 Toyota Tacoma, tools to manage property and grounds Etc.

Extremely loyal customer base. Approximately half of the guests are repeat and direct booked customers.

Listing Contacts

TS
AR EB00066512, MO 2021001585
KW Commercial Fayetteville, AR
Listed by KW Commercial Fayetteville, AR

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Loan Amount
$0.00
Annual Debt Service
$--
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Annual Cash Flow
$273,998.00
$22,833.17/mo

Valuation Metrics

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DSCR
5.48%
Cap Rate
5.48%
ROI

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