2017 E Van Buren

Eureka Springs, AR 72632

MLS#: 1354068

$799,000

Status: Active
Listing number: 1354068
Listing provided by: eXp Realty NWA Branch
Listing agent phone: None
Last update: 5 hours ago
New on site 1 day ago
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Property

Beds

None

Full Baths

None

1/2 Baths

None

Year Built

1973

Sq.Footage

4,800

Rare 12-unit turnkey hospitality investment in Eureka Springs. Studios at Eureka currently offers a flexible hybrid income model with 6 short-term rental units and 6 mid-term rental units. Opportunity for new owner to turn this into a boutique hotel! Valuable grandfathered STR permit in a market where new STR permits are banned in residential zones. The property has been remodeled throughout: LVP flooring, updated furnishings, smart locks, HVAC repairs and replacements, plumbing and electrical updates, exterior paint, landscaping, and active branding across Airbnb, VRBO, Booking.com, and a direct booking site. This multi-unit Ozark property benefits from Eureka Springs tourism demand and nearby attractions. Property is fully operational with active STR bookings and mid-term guests in place. Value-add opportunities: hot tub, outdoor fire pit/gathering area. Don't miss this one! Financials and projections available upon request. Buyer to verify all figures, permits, income, expenses, and projections.

Features & Amenities

Interior

  • Total Bedrooms

    N/A

  • Bathrooms

    N/A

  • Basement YN

    NO

  • Cooling YN

    YES

  • Cooling

    Electric, Window Unit(s)

  • Heating YN

    YES

  • Heating

    Electric

  • Pet friendly

    N/A

Exterior

  • Garage

    No

  • Construction Materials

    Brick

  • Parking

    Parking Lot

  • Pool

    No

Area & Lot

  • Lot Features

    City Lot, Interior Lot

  • Lot Size(acres)

    1.42

  • Property Type

    Commercial Sale

  • Property Sub Type

    Hotel/Motel

Price

  • Sales Price

    $799,000

  • Zoning

    Commercial

  • Sq. Footage

    4, 800

  • Price/SqFt

    $166

HOA

  • Association

    N/A

School District

  • Elementary School

    N/A

  • Middle School

    N/A

  • High School

    N/A

Property Features

  • Stories

    2

  • New Construction

    NO

  • Foundation Details

    Slab

  • Sewer

    Public Sewer

  • Tax Lot

    .

  • Water Source

    Public

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Location

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Carroll

Elementary School

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Listing Courtesy of Jennifer LeViseur , eXp Realty NWA Branch

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Agent Sonia Davis

REALTOR® | Hablo Español

Sonia Davis

Call Sonia today to schedule a private showing.

(479) 477-0256

soniarealtor14@gmail.com


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Rare 12-unit turnkey hospitality investment in Eureka Springs. Studios at Eureka currently offers a flexible hybrid income model with 6 short-term rental units and 6 mid-term rental units. Opportunity for new owner to turn this into a boutique hotel! Valuable grandfathered STR permit in a market where new STR permits are banned in residential zones. The property has been remodeled throughout: LVP flooring, updated furnishings, smart locks, HVAC repairs and replacements, plumbing and electrical updates, exterior paint, landscaping, and active branding across Airbnb, VRBO, Booking.com, and a direct booking site. This multi-unit Ozark property benefits from Eureka Springs tourism demand and nearby attractions. Property is fully operational with active STR bookings and mid-term guests in place. Value-add opportunities: hot tub, outdoor fire pit/gathering area. Don't miss this one! Financials and projections available upon request. Buyer to verify all figures, permits, income, expenses, and projections.

2017 E Van Buren

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