2044 E Van Buren - Hospitality FOR SALE


Eureka Springs, AR 72632
$1,399,900 USD
479-231-1355
2044 E Van Buren, Eureka Springs, AR for Sale
$1,399,900 USD
Hospitality - FOR SALE
1/40
null | Request Cap Rate

2044 E Van Buren
Eureka Springs, AR 72632


HIGHLIGHTS

  • 56 Hotel Rooms Spread Across 4 Buildings
  • 3bed/2bath Airbnb Building on the Property
  • Prime Location in Eureka Springs
  • 6 Minutes to Downtown Eureka Springs
  • Sits on +/- 9.7 Acres
  • Over $239,000 in renovations

OVERVIEW

Charming 56-room motel nestled in the heart of Eureka Springs, AR, offers a prime investment opportunity on +/- 9.7 acres of peaceful, wooded land. The current owner has invested over $225K in improvements, including new flooring in most areas/rooms, repainted 44 rooms, new bedding and towels, new washer/dryer in both laundry rooms, a new water heater, and new pool plaster. Each room features plush beds, private bathrooms, and flat-screen TVs, with pet-friendly options available. Room choices include standard king, single queen, double queen, and spacious queen suites, across 4 two-story buildings. In warmer months, guests can enjoy an outdoor pool, sundeck, and a large park area with picnic tables, BBQ grills, and a cozy fireplace with year-round seating. A 3-bed, 2-bath Airbnb near the front, featuring $14K in renovations, provides additional income or employee housing. Conveniently located 6 minutes from Downtown and along the Trolley's Blue Route (Stop #17), guests have easy access to local shops and dining.

FOR SALE DETAILS

PRICE

$1,399,900 USD

PRICE/SF

$122 USD /SF

# OF ROOMS

58

PRICE/ROOM

$24,136 {currency}

CAP RATE

Request Cap Rate

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Traveler's Inn

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

2

ROOM ENTRANCE

Exterior

BUILDING CLASS

B

YEAR BUILT

1970

PARKING SPACES

33

LAND DETAILS

LAND ACRES

9.67 AC

LAND SF

421,225 SF

ZONING

C-2

APN/PARCEL ID

925-01855-003

ASK ABOUT THIS PROPERTY

Tim SalmonsenSalmonsen Group of KW CommercialMore Info
479-231-1355

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Tim SalmonsenSalmonsen Group of KW CommercialMore Info
479-231-1355

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