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135 & 159 N Main Street

Eureka Springs, AR 72632
  • $900,000
  • STATUS: Active
  • ON SITE: 67 Days
  • MLS #: 1257796
UPDATED: 152 min ago
$900,000
  • 0
    BEDS
  • 0.32
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 2,560
    SQFT
  • $352
    $/SQFT
Type:
Commercial
Built:
1970
County:
Area:

School Ratings & Info

Description

This successful short-term rental business in the heart of Eureka Springs includes two properties with proven track records. Located in the Commercial and Historic Districts of the town makes it desirable and convenient for guests. Each property has been extensively renovated (granite throughout, walk-in showers, oversized decks, amazing outdoor space) and each has a new roof. One home is 3bed/2bath, the other is 3bed/3bath. In 2022 the property achieved a 9.3% Cap Rate, and in 2023 it is projected to finish between 10.0%-10.3%. Sale includes properties, contacts for current cleaners and maintenance team, all furnishings including high-end linens, eclectic art, fully stocked kitchens, etc., and website ownership. Each property has a website for guests to book directly with the owner to cut out the middle man of other short-term rental sites. Eureka Springs brings in over 750,000 visitors annually and has many local attractions and events. Don't miss out on the opportunity to own this proven business.

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© 2023 Northwest Arkansas Board of Realtors, Inc. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or McMullen Realty Group. Data last updated: 2023-12-09T00:26:29.827.
www.mcmullenrealtynwa.com/homes/143998572
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135 & 159 N Main Street Eureka Springs, AR 72632

  • Price: $900,000
  • Status: Active
  • On Site: 67 Days
  • Updated: 152 min ago
  • MLS #: 1257796
0
Beds
0
Baths
0
½ Baths
0.32
Acres
2,560
SQFT
$352
$/SQFT
1970
Built
County:
Carroll
Area:
Carroll
Property Description
This successful short-term rental business in the heart of Eureka Springs includes two properties with proven track records. Located in the Commercial and Historic Districts of the town makes it desirable and convenient for guests. Each property has been extensively renovated (granite throughout, walk-in showers, oversized decks, amazing outdoor space) and each has a new roof. One home is 3bed/2bath, the other is 3bed/3bath. In 2022 the property achieved a 9.3% Cap Rate, and in 2023 it is projected to finish between 10.0%-10.3%. Sale includes properties, contacts for current cleaners and maintenance team, all furnishings including high-end linens, eclectic art, fully stocked kitchens, etc., and website ownership. Each property has a website for guests to book directly with the owner to cut out the middle man of other short-term rental sites. Eureka Springs brings in over 750,000 visitors annually and has many local attractions and events. Don't miss out on the opportunity to own this proven business.
Exterior Features

Construction Materials Frame Lot Features City Lot None Roof Asphalt Shingle

Interior Features

Appliances Gas Water Heater Basement None Crawl Space Basement YN No Cooling Electric ENERGYSTARQualified Equipment Cooling YN Yes Flooring Laminate Foundation Details Crawlspace Slab Heating Electric ENERGYSTARQualified Equipment Heating YN Yes Security Features Smoke Detectors

Property Features

Business Type Bed Breakfast Disclosures Flood Plain Disclosure New Construction YN No Special Listing Conditions None Tax Annual Amount 2836 Utilities Electricity Available Natural Gas Available Year Built Details 25 Years or older Zoning Description Residential

Listing provided by 1 Percent Lists Arkansas Real Estate: 479-445-9389.


© 2023 Northwest Arkansas Board of Realtors, Inc. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or McMullen Realty Group. Data last updated: 2023-12-09T00:26:29.827.
 
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McMullen Realty Group
1800 S 52nd St, Suite 106
Rogers AR, 72758