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108 County Road 302 12 Unit Apartment Building Offered at $2,000,000 at a 8% Cap Rate Eureka Springs, AR 72632

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INVESTMENT HIGHLIGHTS

  • 3 sites have been perked and are ready to built on
  • Onsite managers unit could be transform into 2 additional Airbnb units.
  • 3 units are long term tenant, which can be converted to Airbnb to increase revenue
  • 10 acres untouched for additional develop

EXECUTIVE SUMMARY

Boutique Airbnb Investment Opportunity
Turn key Airbnb complex with strong revenue from day one and with opportunity to grow
- 10 acres untouched for additional develop
- 3 sites have been perked and are ready to built on
- 3 units are long term tenant, which can be converted to Airbnb to increase revenue
- Onsite managers unit could be transform into 2 additional Airbnb units.

FINANCIAL SUMMARY (ACTUAL - 2023) Click Here to Access

ANNUAL ANNUAL PER SF
Gross Rental Income $99,999 $9.99
Other Income - -
Vacancy Loss - -
Effective Gross Income $99,999 $9.99
Taxes $99,999 $9.99
Operating Expenses $99,999 $9.99
Total Expenses $99,999 $9.99
Net Operating Income $99,999 $9.99

FINANCIAL SUMMARY (ACTUAL - 2023) Click Here to Access

Gross Rental Income
Annual $99,999
Annual Per SF $9.99
Other Income
Annual -
Annual Per SF -
Vacancy Loss
Annual -
Annual Per SF -
Effective Gross Income
Annual $99,999
Annual Per SF $9.99
Taxes
Annual $99,999
Annual Per SF $9.99
Operating Expenses
Annual $99,999
Annual Per SF $9.99
Total Expenses
Annual $99,999
Annual Per SF $9.99
Net Operating Income
Annual $99,999
Annual Per SF $9.99

PROPERTY FACTS

Price $2,000,000
Price Per Unit $166,667
Sale Type Investment
Cap Rate 8%
No. Units 12
Property Type Multifamily
Lot Size 13.90 AC
Building Size 7,922 SF
No. Stories 1
Year Built/Renovated 1985/2023
Zoning Commercial Transitional
  • Listing ID: 30947783

  • Date on Market: 2/13/2024

  • Last Updated:

  • Address: 108 County Road 302, Eureka Springs, AR 72632

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