4245 State Hwy Calico Rock, AR 72519
Arkansas Hospitality Business for Sale
Overview
- Added:
- Dec 11, 2024
- Days on market:
- 137
Highlights
- Highly-rated, 4-star restaurant with 100 indoor and 40 patio seats, plus a successful catering business.
- Eleven newly renovated cabins offering 18 beds, currently undermarketed.
- 11,589 square feet across 15 buildings on 5 acres near Norfork Lake, built in 1940, renovated in 2018.
- Strong NOI of $310,000, 21.02% cap rate, listed at $1,475,000 ($127.28/sq ft).
- Turnkey operation with existing infrastructure, immediate management and expansion potential.
- Optional adjacent 36-acre parcel available for future expansion.
Property Details for 4245 State Hwy
- Property type
- Hospitality properties, Motels
- Square Feet
- 11,589 SF
- Year Built/Renovated
- 1940/2018
- Buildings
- 15
- Stories
- 2
- Lot Size (sq. ft)
- 217,800 SF
- Units
- 11
Location Insight
- City
- Calico Rock
- County
- Baxter
- State
- Arkansas
- Latitude
- 36.236202067919
- Longitude
- -92.220536683502
Nearby Comparable
Nearby Similar for Sale
FAQs
- What type of property is this?
- Hospitality property - Arkansas Hospitality Business for Sale
- Where is the hospitality property located?
- The property is located at 4245 State Hwy Calico Rock, AR.
- What is the asking price?
- The asking price for this property is $1,475,000.
- What are key features of this property?
- This property features: Highly-rated, 4-star restaurant with 100 indoor and 40 patio seats, plus a successful catering business.; Eleven newly renovated cabins offering 18 beds, currently undermarketed.; 11,589 square feet across 15 buildings on 5 acres near Norfork Lake, built in 1940, renovated in 2018.
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