110 Huntsville Road, Eureka Springs, AR 72632
- 17,020 sqft
Commercial Property
Built in 1985
0.91acre lot
—— car garage
$88/sqft
Listed 1 year ago
Property Description
Seller Financing Available! Welcome to Ozarka Lodge, a 4 story hotel nestled in Eureka Springs and totaling 45 rooms. Among them are 29 double queen rooms, 11 king rooms, 4 king rooms w/ jacuzzi tub, and 1 double queen room w/ jacuzzi tub. Guests can also enjoy the pool, that also features convenient access underneath. This property also offers a 2bed living quarter complete with a kitchen, dining room, living room, and private balcony, great for employee housing. Priced at $94 PSF, which is less than half the current construction cost. The property is cinder block construction with a metal sloping roof featuring a concrete underlie only 7 to 8 years old. Regular double queen/king rooms rents for $69/night during the week, $79 on the weekends. During peak seasons these same rooms go for $89 on the weekends. For major events, they rent for $139/night. Rooms with jacuzzis rent around $115 or $189 during events. Estimated gross at $384,000, expenses estimated at $239,000, NOI estimated at $145,000 and a 9.1% cap rate.
- Listing Status:
- Pending
- Date Added:
- April 4, 2024 at 05:00AM
- Listing Office:
- Keller Williams Market Pro Realty Bentonville West : 479-231-1355
- MLS ID:
- 1271524
This listing courtesy of Keller Williams Market Pro Realty Bentonville West
Monthly Payment
- Principal & Interest $
- Property Taxes $
- Home Insurance $
- VA Funding Fee $
Location
Schools Nearby
Eureka Springs Middle School
142 Greenwood Hollow Rd, Eureka Springs, AR, 72632
Grades 5-8
0.30 miles away
Eureka Springs Middle School
142 Greenwood Hollow Rd, Eureka Springs, AR, 72632
Grades 5-8
0.30 miles away
Eureka Springs High School
44 Kingshighway, Eureka Springs, AR, 72632
Grades 9-12
0.38 miles away