110 Huntsville Road, Eureka Springs, AR 72632 (MLS # 1271524)
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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.
| LAST UPDATED | 4/19/2024 | YEAR BUILT | 1985 |
|---|---|---|---|
| COUNTY | Carroll | STATUS | Active |
| PROPERTY TYPE(S) | Commercial |
| ADDITIONAL DETAILS | |
| AIR | Central Air |
|---|---|
| AIR CONDITIONING | Yes |
| BASEMENT | None |
| BUYER'S BROKERAGE COMPENSATION | 2% |
| CONSTRUCTION | Block, Cement Siding, Concrete, Vinyl Siding |
| HEAT | Central |
| LOT | 0.91 acre(s) |
| LOT DESCRIPTION | City Lot, Interior Lot |
| PARKING | Parking Lot |
| SEWER | Public Sewer |
| TAXES | 10503 |
| UTILITIES | Electricity Available, Natural Gas Available, Sewer Available, Water Available |
| WATER | Public |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
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Listing provided by Salmonsen Group Realtors, Keller Williams Market Pro Realty Bentonville West
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