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3031 E Van Buren
Eureka Springs, AR 72632

$845,000 USD

Hotel For Sale  •  14,246 SF

Property Details

  • Property Type Hotel
  • Total Building Size 14,246 SF
  • Lot Size 1.22 AC
  • Building Class C
  • Year Built 1985
  • Cap Rate 12.88 %
  • Zoning Commercial
0 Transit Score
38 Walk Score

Description

12.9% cap rate with over $108,000 in net income through 2025 as of November 15th! This fully furnished 4-story hotel is situated on +/-1.22 acres of partially wooded land with scenic views and frontage on US Highway 62, just 2 miles from downtown Eureka Springs. The property features 23 guest rooms, including king and two-queen bed layouts, with four rooms boasting private jacuzzi's for an elevated guest experience. Amenities include a pool at the rear of the property, covered bike parking, and convenient access to Public Trolley Stop #51, making it easy for guests to explore the area. The sale also includes a spacious manager’s quarters—a two-story apartment with two bedrooms and two bathrooms—perfect for on-site management. Some recent updates include a full roof replacement in 2024, new carpet installed in all rooms + apartment in 2023, and new RFID locks on all rooms in 2022. This hotel offers an exceptional turnkey opportunity to operate a well-located, fully equipped property in one of Northwest Arkansas’ most popular tourist destinations.

Highlights

Fully Furnished 4-Story Hotel On +/- 1.22 Acres
23 Guest Rooms Featuring King and Double Queen Layouts
Four Rooms Have Private Jacuzzis
Pool For Guest Relaxation and Convenient Covered Bike Parking
Spacious Manager's Quarters: Two Story Apartment with 2 Bedrooms and 2 Bathrooms

Property Flyers

Cap Rate: 12.88 %

Amenities

  • Pool
  • Outdoor Pool

Parking Details

Parking Available: Yes
Reserved: No
Type: Surface
Included in Rent: Yes
Tim Salmonsen 479-231-1355 Salmonsen Group of KW Commercial
Tim Salmonsen 479-231-1355 Salmonsen Group of KW Commercial