Listing Courtesy of: 479-330-1250 - Salmonsen Group Realtors - Keller Williams Market Pro Realty Bentonville West
479-330-1250
$1,599,900
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110 Huntsville Road Eureka Springs, AR 72632
Other
Residence
Beds
Baths
...
Bed/Bath
17,020
Sq. Ft.
Property Activity
Time on Site
days
Days on Market
Views
Saves
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 underne...ath. 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 8.5% cap rate.
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MLS#
1271524
Property Type
Other
Year Built
1985
Square Feet
17,020
sq. ft
Lot Size
0.91
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