This Hospitality Property is no longer advertised on LoopNet.com.

1234 County Road 120
Eureka Springs, AR 72631
Beaver Lakefront Cabins Resort Company · Hospitality Property For Sale · 15 Rooms

Property Facts

Property Type Hospitality
Property Subtype
Hotel
  • Specialty Marina
Building Class B
Lot Size 8.56 AC
Building Size 10,176 SF
No. Rooms 15
No. Stories 2
Year Built 2004
Corridor Exterior

Amenities

  • Balcony
  • High Speed Internet Access
  • Patio
  • Public Access Wifi
  • Hot Tub

About 1234 COUNTY ROAD 120 , EUREKA SPRINGS, AR 72631

This location is qualified for a Commercial Rural Development Loan: • USDA guarantees 80% of the loan value to lender • Allows up to 40 years on the amortization This is great for someone looking for a 1031 replacement property. ADR = $283.16. Occupancy Rate = 86%. CAP Rate is 9%. Profitable NWA Lake Resort Business with Tons of Growth Potential! Included in this offering is a lakefront resort business and real estate located on Beaver Lake in Arkansas. At a 9% CAP Rate, this is an attractive deal for an investor or someone interested in expanding into beautiful Northwest Arkansas. Some of the facilities were built in the early 2000's and some were recently constructed. There is plenty of room for expansion on the 20 acre resort. There is a boat dock with beautiful lake access, as well. The business has a good system for marketing which keeps their occupancy rate above 85%. The other competition in the market is smaller and does not offer as many amenities. Plenty of growth opportunities exist such as adding more lodging units, a restaurant, and a wedding venue. Owner will stay as long as necessary for an adequate transition. Management is in place. Contact us for more inform

Room Mix Information

Description No. Rooms Daily Rate SF
Suite 15 $304.00 -

Property Taxes

Property Taxes

Parcel Numbers
Multiple
  • 001-09100-000
  • 465-00012-001
  • 465-00012-002
Land Assessment
$37,120
Improvements Assessment
$647,280
Total Assessment
$684,400
  • Listing ID: 18581896

  • Date on Market: 2/20/2020

  • Last Updated:

  • Address: 1234 County Road 120, Eureka Springs, AR 72631

Link copied
Your LoopNet account has been created!

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, "rating") }}
255 character limit ({{ remainingChars() }} charactercharacters remainingover)
{{ getErrorText(feedbackForm.msg, "rating") }}
{{ getErrorText(feedbackForm.fname, "first name") }}
{{ getErrorText(feedbackForm.lname, "last name") }}
{{ getErrorText(feedbackForm.phone, "phone number") }}
{{ getErrorText(feedbackForm.phonex, "phone extension") }}
{{ getErrorText(feedbackForm.email, "email address") }}