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29542821
30104851

3169 E Van Buren, Eureka Springs, AR 72632 For Sale

TS
AR EB00066512, MO 2021001585
KW Commercial Fayetteville, AR
Listed by KW Commercial Fayetteville, AR
$1,799,000
165 days on market
Updated 40 days ago

Hotel O

Details
APN 925-02212-000
Property Type Hospitality
Sub Type Hotel, Motel
Square Footage 25,000
Keys 60
Beds 60
Cap Rate 10.69%
NOI $192,382
Brand/Tenant Oyo
Price per SqFt $72
Year Built 1994
Buildings 1
Stories 2
Acreage 2.750
Zoning Commercial

Hospitality | 10.69% CAP | 60 Keys

Marketing 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.

Investment highlights

Income producing hotel located in the heart of Eureka Springs, Arkansas

Well maintained property with 60 guest rooms across two floors

Prime frontage on Highway 62 with strong visibility and traffic flow

On site swimming pool for guest enjoyment

Proven, consistent occupancy history year over year, a true turnkey investment with immediate cash flow

Directly on the Yellow Trolley Route at Stop 46, a significant draw for tourists

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
$192,382.00
$16,031.83/mo

Valuation Metrics

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DSCR
10.69%
Cap Rate
10.69%
ROI

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