For Sale
$650,000

116 County Road 228 Eureka Springs, AR 72631

Prime 2.75-Acre Commercial Land with Rental Income

Overview

Added:
Dec 11, 2024
Days on market:
127
This exceptional Eureka Springs, Arkansas commercial property encompasses 2.75 acres of cleared land, ideally situated near several lakes and the Arkansas/Missouri state line. The property currently features a seven-unit complex, comprising five one-bedroom units (approximately 600-625+ square feet each) and two studio units (350 square feet each). A brand-new, two-bedroom, two-bathroom tiny home with a back deck adds to the existing rental portfolio. The entire complex generates a substantial gross monthly income of $8,300. The expansive flat land offers significant potential for future development, allowing for the construction of additional residential units or a new commercial structure, thereby expanding the investment opportunity. The property is located at 116 and 118 County Road 228, Eureka Springs, AR 72631, and totals 3,800 square feet of land. Detailed financial information is available upon request. This presents a rare chance to acquire a lucrative income-producing property with considerable upside potential in a desirable location. Don't miss this opportunity to own a piece of Eureka Springs' thriving real estate market.

Highlights

  • $650,000 asking price for this commercial land opportunity.
  • 3,800 square feet of land in Eureka Springs, AR.
  • Seven-unit complex included: five one-bedroom units (approx. 600-625 sq ft) and two studios (350 sq ft).
  • New two-bedroom, two-bathroom tiny home also on the property.
  • 2.75 acres of cleared land with potential for expansion.
  • Gross monthly income of $8,300.

Property Details for 116 County Road 228

Property type
Land
Square Feet
3,800 SF

Location Insight

City
Eureka Springs
County
Carroll
State
Arkansas
Latitude
36.4780076
Longitude
-93.6963003
116 County Road 228, Eureka Springs, Arkansas

FAQs

What type of property is this?
Land - Prime 2.75-Acre Commercial Land with Rental Income
Where is the land located?
The property is located at 116 County Road 228 Eureka Springs, AR.
What is the asking price?
The asking price for this property is $650,000.
What are key features of this property?
This property features: $650,000 asking price for this commercial land opportunity.; 3,800 square feet of land in Eureka Springs, AR.; Seven-unit complex included: five one-bedroom units (approx. 600-625 sq ft) and two studios (350 sq ft).
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
How do I access a private listing?
Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
How do I unsubscribe from emails?
At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].
116 County Road 228
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your first name
Please enter your last name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Select size
Please enter message