Log In/Sign Up
Your email has been sent.
The Lodge 3031 E Van Buren 23 Room Hotel Eureka Springs, AR 72632 $845,000 ($36,739/Room) 12.88% Cap Rate
Investment Highlights
- Fully Furnished 4-Story Hotel On +/- 1.22 Acres
- Four Rooms Have Private Jacuzzis
- Spacious Manager's Quarters: Two Story Apartment with 2 Bedrooms and 2 Bathrooms
- 23 Guest Rooms Featuring King and Double Queen Layouts
- Pool For Guest Relaxation and Convenient Covered Bike Parking
Executive Summary
12.9% cap rate with over $108,000 in net income through 2025 as of November 15th! This fully furnished 4-story hotel is situated on +/-1.22 acres of partially wooded land with scenic views and frontage on US Highway 62, just 2 miles from downtown Eureka Springs. The property features 23 guest rooms, including king and two-queen bed layouts, with four rooms boasting private jacuzzi's for an elevated guest experience. Amenities include a pool at the rear of the property, covered bike parking, and convenient access to Public Trolley Stop #51, making it easy for guests to explore the area. The sale also includes a spacious manager’s quarters—a two-story apartment with two bedrooms and two bathrooms—perfect for on-site management. Some recent updates include a full roof replacement in 2024, new carpet installed in all rooms + apartment in 2023, and new RFID locks on all rooms in 2022. This hotel offers an exceptional turnkey opportunity to operate a well-located, fully equipped property in one of Northwest Arkansas’ most popular tourist destinations.
Property Facts
| Price | $845,000 | Lot Size | 1.22 AC |
| Price Per Room | $36,739 | Building Size | 14,246 SF |
| Sale Type | Investment | No. Rooms | 23 |
| Cap Rate | 12.88% | No. Stories | 4 |
| Sale Condition | Business Value Included | Year Built/Renovated | 1985/2017 |
| Property Type | Hospitality | Parking Ratio | 1.83/1,000 SF |
| Property Subtype | Hotel | Corridor | Exterior |
| Building Class | C | ||
| Zoning | Commercial | ||
| Price | $845,000 |
| Price Per Room | $36,739 |
| Sale Type | Investment |
| Cap Rate | 12.88% |
| Sale Condition | Business Value Included |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | C |
| Lot Size | 1.22 AC |
| Building Size | 14,246 SF |
| No. Rooms | 23 |
| No. Stories | 4 |
| Year Built/Renovated | 1985/2017 |
| Parking Ratio | 1.83/1,000 SF |
| Corridor | Exterior |
| Zoning | Commercial |
Amenities
- Pool
- Outdoor Pool
Room Mix Information
| Description | No. Rooms | Daily Rate | SF |
|---|---|---|---|
| Guest Room | 23 | $51.00 | - |
1 1
Property Taxes
| Parcel Number | 925-01852-001 | Improvements Assessment | $116,080 |
| Land Assessment | $13,320 | Total Assessment | $129,400 |
Property Taxes
Parcel Number
925-01852-001
Land Assessment
$13,320
Improvements Assessment
$116,080
Total Assessment
$129,400
1 of 43
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
1 of 1
Presented by
The Lodge | 3031 E Van Buren
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.
Your message has been sent!
Activate your LoopNet account now to track properties, get real-time alerts, save time on future inquiries, and more.