3134 Van BurenEureka Springs, AR 72632

  • Office properties
  • 2,836 SF
For Sale
$5,000,000 View listing

Property Details for 3134 Van Buren

Year built
1999
Lot size
118.25 AC
Property size (Sq ft)
2,836 SF
Property type
Office properties
Property subtype
Office buildings
APN
001-07787-000
APU
107787000

Description

Discover Cinnamon Valley, a profitable 10-key hotel nestled on 135.85 acres in Eureka Springs, Arkansas. This turnkey operation includes nine fully furnished luxury log cabins, a spacious management office with living quarters, and two spring-fed lakes stocked with various fish species. The property boasts 9,607 square feet of space, with a 5.48% cap rate and a 2023 gross income exceeding $575,000. The asking price is $5,000,000, representing $520.45 per square foot. Significant upside potential exists through increased pricing and occupancy, along with expansion opportunities

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $247,219
    6.5%
    $228,202
    7%
    $211,902
  • Comparable approach

    Method
    Valuation
    Relative Method
    $202,859
    Geo Method
    $202,859
  • Alternative Use

    Use
    Valuation
    Residential
    $282,971
    Hospitality
    $259,200
    Educational
    $215,651
    Medical
    $223,068
    Retail
    $335,458
3134 Van Buren, Eureka Springs, Arkansas

Location Insight

City
Eureka Springs
County
Carroll
State
Arkansas
Latitude
36.3816
Longitude
-93.7158

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$10,112
$40,380
$169,850
$210,230
-
$201,900
$849,250
$1,051,150

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?
Please email our support team at [email protected] and they will add the team member.
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 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 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].