320 Mccandless Ave Booneville, AR 72927
33-Unit Motel, High-Yield Investment
Overview
- Added:
- Dec 11, 2024
- Days on market:
- 137
Highlights
- 33-unit motel for sale in Booneville, AR, generating $18,985 monthly gross income.
- Property features 5,200 square feet and currently boasts 79% occupancy.
- Eight units include kitchenettes, catering to extended-stay guests.
- Seller financing offered with 20-30% down payment, 7% interest, and a 3-5 year balloon payment.
- Projected annual income of $161,920 at full occupancy, with a 15% capitalization rate.
Property Details for 320 Mccandless Ave
- Property type
- Hospitality properties, Motels
- Square Feet
- 5,200 SF
- Stories
- 2
Location Insight
- City
- Booneville
- County
- Logan
- State
- Arkansas
- Latitude
- 35.140821
- Longitude
- -93.9186091
Nearby Similar for Sale
FAQs
- What type of property is this?
- Hospitality property - 33-Unit Motel, High-Yield Investment
- Where is the hospitality property located?
- The property is located at 320 Mccandless Ave Booneville, AR.
- What is the asking price?
- The asking price for this property is $995,000.
- What are key features of this property?
- This property features: 33-unit motel for sale in Booneville, AR, generating $18,985 monthly gross income.; Property features 5,200 square feet and currently boasts 79% occupancy.; Eight units include kitchenettes, catering to extended-stay guests.
- How can I contact the broker?
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