208 Court St - Hospitality FOR SALE


Jasper, AR 72641
$849,000 USD
479-274-8121
208 Court St, Jasper, AR for Sale
$849,000 USD
Hospitality - FOR SALE
1/41
null | Request Cap Rate

208 Court St
Jasper, AR 72641


HIGHLIGHTS

  • Near downtown Jasper with its tourist traffic and charm.
  • Jasper provides great restaurants, downtown farmer and craft market, art gallery, quaint shopping, cultural and music events year round.
  • The Gordon is a 18 unit historic motel with 1500 SF home in downtown Jasper, Arkansas.

OVERVIEW

INVESTMENT OPPORTUNITY near the Buffalo River! The Gordon is a 18 unit historic motel with 1500 SF home in downtown Jasper, Arkansas, and is the gateway to the breathtaking Buffalo National River and the Ozark National Forest. Outdoor enthusiasts can explore to enjoy a landscape packed with natural beauty, diverse waterways, & wildlife. Paddle down scenic rivers via canoe or kayak, explore and hike hidden trails, mountain bike hundreds of miles in the Ozark National Forest, or cast a line and fetch fish from clear streams. If you crave an adventure or adrenaline rush the Ozarks provide rock climbing, heart pounding ziplining, horseback riding, ATV and a dirt bike wonderland opportunities. If you're seeking a tranquil experience, Jasper provides great restaurants, downtown farmer and craft market, art gallery, quaint shopping, cultural and music events year round in the “Elk Capital of Arkansas”. 6 of the rooms have recently been completely renovated and 12 rooms has undergone updates recently.

FOR SALE DETAILS

PRICE

$849,000 USD

PRICE/SF

$109 USD /SF

# OF ROOMS

18

PRICE/ROOM

$47,167 {currency}

CAP RATE

Request Cap Rate

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

The Gordon

PROPERTY TYPE

Hospitality

ADD'L SUBTYPES

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TOTAL BUILDING SIZE

-

STORIES

1

ROOM ENTRANCE

Exterior

BUILDING CLASS

C

YEAR BUILT

1955

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.94 AC

LAND SF

40,946 SF

ZONING

-

APN/PARCEL ID

726-00025-000

ASK ABOUT THIS PROPERTY

Duane WrightCollier & AssociatesMore Info
479-274-8121

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Duane WrightCollier & AssociatesMore Info
479-274-8121

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