For Sale
$1,750,000

3169 Van Buren Eureka Springs, AR 72632

60-Key Hotel, Ozark Views

Overview

Added:
Dec 11, 2024
Days on market:
138
This fee-simple, stabilized hotel investment opportunity in Eureka Springs, Arkansas, presents a compelling prospect. The property, known as Hotel O, boasts 60 keys across three buildings, totaling 23,910 square feet on a 2.75-acre lot. Built in 1994 and meticulously maintained, the hotel features a variety of room configurations, including jacuzzi suites, adjoining rooms, two-room suites, balconies, exterior and interior access rooms, handicap-accessible rooms, and rooms with king or double-queen beds. The property includes a large fenced-in pool with a lounge deck and a separate deck retreat featuring a fire pit offering stunning Ozark Mountain views. A sprinkler system protects the main building, manager's suite, and lobby. All buildings received a new roof in 2024. The hotel operates under the OYO Hotels brand. The property is zoned CI - Commercial Improved and has an APN of 925-02212-000. Financial statements for fiscal years 2022 and 2023 are available upon request, showcasing the property's strong operating performance. Located at 3169 E. Van Buren, Eureka Springs, AR 72632, this property offers a unique blend of established hospitality and significant growth potential. The asking price is $1,750,000, translating to $73.19 per square foot.

Highlights

  • Fee-simple, stabilized hotel investment opportunity in Eureka Springs, AR.
  • 60-key hotel totaling 23,910 square feet on a 2.75-acre lot.
  • Features various room configurations including jacuzzi suites and handicap-accessible rooms.
  • Amenities include a large pool, fire pit with Ozark Mountain views, and new roofs (2024).
  • Operates under the OYO Hotels brand; asking price: $1,750,000 ($73.19/SF).

Property Details for 3169 Van Buren

Property type
Hospitality properties, Hotels
Square Feet
23,910 SF
Year Built
1994
Buildings
3
Stories
3
Lot Size (sq. ft)
119,790 SF

Location Insight

City
Eureka Springs
County
Carroll
State
Arkansas
Latitude
36.3894178
Longitude
-93.7175483

FAQs

What type of property is this?
Hospitality property - 60-Key Hotel, Ozark Views
Where is the hospitality property located?
The property is located at 3169 Van Buren Eureka Springs, AR.
What is the asking price?
The asking price for this property is $1,750,000.
What are key features of this property?
This property features: Fee-simple, stabilized hotel investment opportunity in Eureka Springs, AR.; 60-key hotel totaling 23,910 square feet on a 2.75-acre lot.; Features various room configurations including jacuzzi suites and handicap-accessible rooms.
How can I contact the broker?
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3169 Van Buren
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