$1,050,000
$1,350,000
22.2%For more information regarding the value of a property, please contact us for a free consultation.
11792 Highway 187 Eureka Springs, AR 72631
14,000 SqFt
Key Details
Sold Price $1,050,000
Property Type Commercial
Sub Type Hotel/Motel
Listing Status Sold
Purchase Type For Sale
Square Footage 14,000 sqft
Price per Sqft $75
MLS Listing ID 1164311
Sold Date 11/04/21
Construction Status Resale (less than 25 years old)
HOA Y/N No
Year Built 2002
Annual Tax Amount $3,123
Lot Size 9.440 Acres
Acres 9.44
Property Sub-Type Hotel/Motel
Property Description
This is your chance to own an established & successful business with a little piece of paradise! Rated the #1 Dive resort on Beaver Lake with 6 fully furnished motel rooms, 1 master suite, owner quarters, & 16 bunk rooms with total sleeping capacity for 98 guests, 28 RV sites with dump station, & recreational camp sites with available shower house & bathrooms. PADI Certified 5 Star Instructor Development Center providing a full range of scuba diving education programs & Onsite Dive Center providing recreational diving & equipment sales located only 1.5 mi from Beaver Dam. Onsite Convenience Store serving Hunt Brother's Pizza, Flavorburst soft serve ice cream, groceries, beer, camping supplies, archery supplies, & fishing gear. Nationally recognized as great place to dive; Beaver Lake has many wrecks, outstanding visibility, & easy access. Property boasts over 400' of Major Road Frontage in addition to a commanding view of Beaver Lake! Great cash flow & endless possibilities to expand on a fantastic 9-ac. property!
Location
State AR
County Carroll
Area Arkansas Regional Mls, Llc
Zoning N
Direction Hwy 62 approx 6 miles west from Eureka Springs left on Hwy 187 approx 3 miles, property on left
Interior
Heating Central, Electric, Heat Pump, Propane
Cooling Central Air, Window Unit(s)
Flooring Carpet, Concrete, Wood
Equipment Satellite Dish
Appliance Electric Water Heater
Exterior
Exterior Feature Storage
Utilities Available Electricity Available, Propane, Phone Available, Septic Available, Water Available
Roof Type Metal
Present Use Retail
Road Frontage Main Thoroughfare
Building
Lot Description Outside City Limits
Foundation Slab
Sewer Septic Tank
Water Public
Structure Type Metal Siding
Construction Status Resale (less than 25 years old)
Others
Security Features Smoke Detector(s)
Acceptable Financing ARM, Conventional
Listing Terms ARM, Conventional
Special Listing Condition None
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Bought with Keller Williams Market Pro Realty Branch Office