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Wagner Inn Motel

Hospitality | 22 Keys

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Active

Asking Price: $675,500
Address 

3064 E Van Buren, Eureka Springs, AR 72632

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Date Added
Oct 20, 2022
Days on Market
880 days
Time Since Last Update
13 days

Details

Property TypeHospitality
SubtypeMotel
Investment TypeOwner/User
Square Footage9,904
Price/Sq Ft$68.20
Keys22
Year Built1987
Buildings2
Stories2
ZoningCommercial
Lot Size (acres)1.95
OwnershipOwner Operator

Marketing Description

EASY TO MANAGE PROFITABLE OWNER OPERATED MOTEL IN VERY POPULAR TOURIST TOWN, well located, highly visible, well maintained, easy to operate motel income property on the main highway in Eureka Springs AR.​ Guests can enjoy clean rooms, flat screen TV's, and a private pool area.​ Conveniently located on trolley stop 22.​ Perfect for a first-time or experienced owner operator.​ Profitable and at an affordable price point on a price-per-room or square footage basis.​ Trolley stop located directly in front of motel!

PARTIAL OWNER FINANCING AVAILABLE FOR QUALIFIED BUYER WITH SUBSTANTIAL DOWN PAYMENT

RECENT IMPROVEMENTS UPDATE: New Flat Screen TV's all rooms + New carpet in 50% or rooms + New LED Signage.​ Profitable Easy-to-Manage Stabilized Owner Operator Property in one of the Heartland's favorite tourist destinations! High visibility, easy access and parking on main high traffic corridor near Historic Downtown Eureka Springs.​

Additional recent Improvements: New exterior paint.​ New Pylon Street Sign Faces with all new LED lighting.​ New laundry washers, all new digital lock system on all room doors, all new sealed asphalt parking lot.​ Above-average physical condition with little deferred maintenance.​

Investment Highlights

Recent Improvements:

New exterior paint. New Pylon Street Sign Faces with all new LED lighting. New laundry washers, all new digital lock system on all room doors, all new asphalt parking lot with sealer and 7-8 new room TV's. Based on visual observation, the property has little in deferred maintenance.

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Due Diligence

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Broker Information
Broker Name
David Buttecali
Broker License
AR PB00089485
Brokerage Address
401 North 2nd Street, Rogers, United States 72756
Broker Name
Skylar Buttecali
Broker License
AR SA00092711
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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