$425,000
$447,000
4.9%For more information regarding the value of a property, please contact us for a free consultation.
1093 County Road 226 Eureka Springs, AR 72631
4,640 SqFt
Key Details
Sold Price $425,000
Property Type Commercial
Sub Type Hotel/Motel
Listing Status Sold
Purchase Type For Sale
Square Footage 4,640 sqft
Price per Sqft $91
MLS Listing ID 1122250
Sold Date 06/16/21
Construction Status Resale (less than 25 years old)
HOA Y/N No
Year Built 1990
Annual Tax Amount $2,084
Lot Size 40.000 Acres
Acres 40.0
Lot Dimensions 1341x370x923x1346irr
Property Description
Unique OPP: 2bd1bth house/office/laundry (could be add'l rental) included w/4-Log Cabins situated on 40-acres (peaceful, private & almost completely wooded) & could include turnkey established business. Each cabin has secluded views & comes fully furnished (rents nightly M-TH $160 F-SUN $180 in-season & $150/$165 off-season/weekly rates gets 1-night free), built in '93, '95 & two in '01. County Road drives thru property on east side, build more cabins or another larger home to live in & run your own business. 8 mi to downtown Eureka Springs, 2.5 miles to Holiday Island's shopping center w/grocery/hardware/dollargeneral stores, bank & gas station. Secluded property, yet conveniences are nearby. P&L's available, but current owner is incorporated & tries to expense everything to pay least amount of taxes; so borrower needs to be strong enough to purchase on their own. Q&A list available upon request w/many details from various questions asked & seller's answers for review. Showings limited to Mon&Wed 10:30a-12:30p.
Location
State AR
County Carroll
Area Arkansas Regional Mls, Llc
Zoning N
Direction I-49 to exit 86 towards Rogers on East HWY 62, stay on HWY 62 for 39 miles, turn L onto HWY 187, turn L onto HWY 23, turn R onto County Road (CR) 226, property on right. From Eureka Springs, take N Main St (HWY 23) out of town, turn R onto CR 226.
Rooms
Basement None
Interior
Heating Electric, Other, Wood Stove
Cooling Electric, Window Unit(s), Zoned
Flooring Carpet, Laminate, Vinyl, Wood
Equipment Satellite Dish
Furnishings Furnished
Appliance Electric Water Heater
Exterior
Exterior Feature Storage
Utilities Available Electricity Available, Propane, Phone Available, Septic Available, Water Available
Roof Type Asphalt,Shingle
Present Use Recreational
Total Parking Spaces 11
Building
Lot Description Outside City Limits, Rural Lot, Wooded
Foundation Block, Slab
Sewer Septic Tank
Water Public
Structure Type Cedar,Log Siding
New Construction No
Construction Status Resale (less than 25 years old)
Others
Special Listing Condition None
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