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141 County Road 851
Elizabeth, AR 72531

$1,799,000 USD

Hotel For Sale  •  10,533 SF

Property Details

  • Property Type Hotel
  • Total Building Size 10,533 SF
  • Lot Size 10.01 AC
  • Building Class C
  • Year Built 1955
  • Zoning CI
0 Transit Score
3 Walk Score

Description

Nestled in the scenic Ozarks near Norfork Lake, Kellers Kove Cabin & RV Resort presents a rare opportunity to acquire a fully operational hospitality asset with strong income performance and lifestyle appeal. Spanning approximately 10 acres, this turnkey resort features four beautifully renovated cabins, thirteen full-service RV sites, and a private eight-slip boat dock—ideal for attracting both seasonal vacationers and long-term guests. The property is thoughtfully designed to maximize guest experience and operational efficiency. Amenities include a newly updated swimming pool with bathhouse, a guest pavilion with outdoor kitchen, a camp store, laundry facility, and covered boat storage. An attractive owner’s residence is included, offering comfortable living quarters or additional rental income potential. Positioned in Elizabeth, Arkansas, the resort benefits from proximity to Norfork Lake, a popular destination for boating, fishing, and outdoor recreation. The surrounding region draws visitors from nearby cities such as Mountain Home and Batesville, while remaining accessible to larger metros like Little Rock and Springfield. The area’s natural beauty and recreational draw make this a compelling investment for operators seeking a profitable, lifestyle-oriented business.
With proven cash flow and all infrastructure in place, Kellers Kove is ready for new ownership to step in and capitalize on immediate income potential. Whether you’re expanding a hospitality portfolio or seeking a live-work investment, this property offers a rare blend of charm, functionality, and financial performance.

Highlights

Peaceful rural setting in the Ozark foothills
Easy access to Norfork Lake and White River recreation
Located 30 minutes from Mountain Home, AR
Ideal for residential, agricultural, or recreational use

Financial Summary (Actual)

Net Operating Income: $76,881 USD (2025)
Total Expenses: $90,697 USD

Amenities

  • Pool
  • On-Site Retail
  • High Speed Internet Access
  • Patio
  • Marina
  • Public Access Wifi
  • Smoke-Free
  • Fully-Equipped Kitchen
  • Multi-Room Suites

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 52
Type: Surface
Included in Rent: Yes
Jonathan Murray 870-425-4300 Peglar Real Estate Group
Jonathan Murray 870-425-4300 Peglar Real Estate Group