Description
Turnkey invest property currently yielding a 5.3% Cap with the potential of 6.9% Cap Rate due to increased bookings this year. Welcome to LOCAL AT COLER, a successful short-term rental community. This 6 units INTENTIONAL COMMUNITY has amazing outdoor spaces for large gatherings and a private Speakeasy/communal area. Local at Coler is located off NW 3rd Street on the connector street from downtown Bentonville to the Coler Trail head. You are a 6 minute bike ride from the square, 4 minute ride to Coler Mountain Bike Preserve and a 12 minute ride to Slaughter Pen. There are several places to eat with-in walking distance. The building was completely renovated in 2023 with new windows, mechanicals, flooring, appliances and more. Outback you will love the silo bar/grilling area with large firepit nestled in the hillside and trees. There is a wet weather creek and several secluded spots to enjoy mother nature while still being right in the middle of town. Ask for revenue worksheet attached in MLS.
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0BEDS
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0.33ACRES
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0BATHS
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01/2 BATHS
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5,404SQFT
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$310$/SQFT
Description
Turnkey invest property currently yielding a 5.3% Cap with the potential of 6.9% Cap Rate due to increased bookings this year. Welcome to LOCAL AT COLER, a successful short-term rental community. This 6 units INTENTIONAL COMMUNITY has amazing outdoor spaces for large gatherings and a private Speakeasy/communal area. Local at Coler is located off NW 3rd Street on the connector street from downtown Bentonville to the Coler Trail head. You are a 6 minute bike ride from the square, 4 minute ride to Coler Mountain Bike Preserve and a 12 minute ride to Slaughter Pen. There are several places to eat with-in walking distance. The building was completely renovated in 2023 with new windows, mechanicals, flooring, appliances and more. Outback you will love the silo bar/grilling area with large firepit nestled in the hillside and trees. There is a wet weather creek and several secluded spots to enjoy mother nature while still being right in the middle of town. Ask for revenue worksheet attached in MLS.
© 2024 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: 2024-09-12T00:26:03.447.
Listing provided by Better Homes and Gardens Real Estate Journey Bento: 479-319-3737.