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110 Huntsville Road

Eureka Springs, AR 72632
  • $1,799,900
  • STATUS: Active
  • ON SITE: 88 Days
  • MLS #: 1271524
UPDATED: 200 min ago
$1,799,900
  • 0
    BEDS
  • 0.91
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 17,020
    SQFT
  • $106
    $/SQFT
Type:
Commercial
Built:
1985
County:
Area:

School Ratings & Info

Description

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 relaxing in 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 $114.57 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 and $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 equipped 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 7.5% cap rate.

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© 2024 Northwest Arkansas Board of Realtors, Inc. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or McNaughton Real Estate. Data last updated: 2024-07-16T00:26:12.163.
www.allnwahomes.com/homes/149249400
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110 Huntsville Road Eureka Springs, AR 72632

  • Price: $1,799,900
  • Status: Active
  • On Site: 88 Days
  • Updated: 200 min ago
  • MLS #: 1271524
0
Beds
0
Baths
0
½ Baths
0.91
Acres
17,020
SQFT
$106
$/SQFT
1985
Built
County:
Carroll
Area:
Carroll
Property Description
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 relaxing in 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 $114.57 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 and $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 equipped 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 7.5% cap rate.
Exterior Features

Construction Materials Block Concrete Vinyl Siding Lot Features City Lot Interior Lot Parking Features Parking Lot Road Frontage Type Main Thoroughfare Roof Metal

Interior Features

Basement None Basement YN No Cooling Central Air Cooling YN Yes Flooring Carpet Ceramic Tile Foundation Details Block Heating Central Heating YN Yes

Property Features

Business Type Bed Breakfast Hotel Motel Current Use Hotel Motel New Construction YN No Possible Use Hotel Motel Property Sub Type Hotel Motel Sewer Public Sewer Special Listing Conditions None Tax Annual Amount 10503 Utilities Electricity Available Natural Gas Available Sewer Available Water Available Water Source Public Year Built Details 25 Years or older

Listing provided by Keller Williams Market Pro Realty Bentonville West: 479-231-1355.


© 2024 Northwest Arkansas Board of Realtors, Inc. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or McNaughton Real Estate. Data last updated: 2024-07-16T00:26:12.163.
 
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