115 E Van Buren - Apartments FOR SALE


Eureka Springs, AR 72632
$599,900 USD
281-677-2626
115 E Van Buren, Eureka Springs, AR for Sale
$599,900 USD
Apartments - FOR SALE
1/21
null | Request Cap Rate

115 E Van Buren
Eureka Springs, AR 72632


HIGHLIGHTS

  • All New Renovation Completed 2025
  • 5 Separate Units Fully Sprinklered
  • On Site Parking For Up to 9 Vehicles
  • Easy Access High Visibility
  • On Trolley Route Near Historic Downtown Eureka Springs
  • Zoning Allows Multiple Residential and Commercial Uses

OVERVIEW

COMPLETELY RENOVATED AND UPDATED 5-UNIT RESIDENTIAL & COMMERCIAL BUILDNG located directly on Hwy 62 near Historic Downtown Eureka Springs. Perfectly positioned to capture multiple income sources. Zoned C2C allows for a variety of residential and commercial uses. Currently permitted for 5-Units Short Term/Overnight Rental Units with separate unit entrances and HVAC. Could also be permitted for long term apartment units. On site parking, fully sprinklered, exterior pylon sign, wrap around porch and units with a variety of full kitchen or kitchenettes. Mixed residential-commercial use possible. Can be used for offices with additional occupancy permit. UNIT DESCRIPTION: A - Main level walk Efficiency/Studio. Full Bath w/ Tub Shower combo. No Kitchen or WD connection. B - Main level. 1 Bed with Full Bath w/Tub Shower combo. Kitchenette. WD connection. C - Second level walk up from interior stairway. 1 Bed with Full Batch w/Shower Tub combo. No kitchen or WD connection. D - Second level walk up from interior stairway. Efficiency/Studio. No kitchen or WD connection. E- Main level side entrance off parking lot. Residential or commercial. 2 Bed or 1 Bed with living area. Full bath and full kitchen. No WD connection. Could be used as 2-room office.

FOR SALE DETAILS

PRICE

$599,900 USD

PRICE/SF

$229 USD /SF

# OF UNITS

5

PRICE/UNIT

$119,980

CAP RATE

Request Cap Rate

% LEASED

0%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

115 E Van Buren Residential-Commercial Bldg

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

ADD'L SUBTYPES

Storefront Retail/Residential, Office/Residential

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

2000

PARKING SPACES

9

LAND DETAILS

LAND ACRES

0.69 AC

LAND SF

30,056 SF

ZONING

C2 - Commercial

APN/PARCEL ID

925-01815-000

ASK ABOUT THIS PROPERTY

David ButtecaliAndora Real EstateMore Info
281-677-2626

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David ButtecaliAndora Real EstateMore Info
281-677-2626

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.