116 County Road 228Eureka Springs, AR 72631

Property Details for 116 County Road 228

Property size (Sq ft)

3,800 SF

Property type

Land

Description

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.

Location Insight

City

Eureka Springs

County

Carroll

State

Arkansas

Latitude

36.478

Longitude

-93.6963

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