Active 18 unit motel and home in downtown Jasper. Great investment opportunity located in the Ozark Mountains and Buffalo National River Park Region of Arkansas. Near the Little Buffalo River and Bass Pro's future Marble Falls Nature Preserve development. This property is within walking distance to the historic Jasper Square (dinning, coffee shop, pizza and shopping), Jasper School, Newton County Library and beautiful Bradley Park. 6 units of the motel have been completely remodeled. It is located in beautiful Newton County, Arkansas and near the Ozark National Forest. Property is just a short drive from Russellville, Harrison, and Fayetteville. This central location is convenient to the best swimming holes, hiking, canoeing, wildlife photography, horseback riding, and rock climbing.
PRICE IMPROVEMENT on a GREAT Investment Property that generated over $287k in income in the last 12 months! SELLER IS OFFERING DISCOUNTED PROPERTY MANAGEMENT FOR THE FIRST YEAR! Come see this GORGEOUS 23.73 acres with 5 fantastic cabins located less than one mile outside of Jasper. This is a successful rental property with a total of 7,104 sf of living space, and over 1,685 sf of covered wood decks and porches. Here you'll see beautiful views with seasonal views of the Little Buffalo River. Also, Spider Creek runs along the property line. The cabins are wood log siding, shingled roofs, covered wood decks/porches, and have mini splits in each room. Utilities are electric, propane, rural water, and septic systems. Interior finish is wood finish walls and ceilings, wood floors throughout with tile floors in the bathrooms. Each cabin has an electric fireplace, whirlpool tub, and hot tub along with washer and dryer. All furnishings and decor included. You can self manage, or use a management company. Great Investment opportunity!
Jasper is located in Arkansas. Jasper, Arkansas has a population of 553. Jasper is less family-centric than the surrounding county with 25.36% of the households containing married families with children. The county average for households married with children is 28.3%.
The median household income in Jasper, Arkansas is $27,059. The median household income for the surrounding county is $38,134 compared to the national median of $57,652. The median age of people living in Jasper is 52.5 years.
The average high temperature in July is 82.2 degrees, with an average low temperature in January of 25 degrees. The average rainfall is approximately 48.7 inches per year, with 11.8 inches of snow per year.