$1,495,000
bedrooms
0
bathrooms
0
square feet
17,020
Acreage
0.91
Open Houses
-
year built
1985
Full Baths
0
Half Baths
0
Welcome to Ozarka Lodge, a 4 story hotel nestled in Eureka Springs and totaling 45 rooms. Among them are 29 double queen rooms, 11 king rooms, 4 king rooms w/ jacuzzi tub, and 1 double queen room w/ jacuzzi tub. Guests can also enjoy relaxing in the pool, that also features convenient access underneath. This property also offers a 2bed living quarter complete with a kitchen, dining room, living room, and private balcony, great for employee housing. Priced at $94 PSF, which is less than half the current construction cost. The property is cinder block construction with a metal sloping roof featuring a concrete underlie only 7 to 8 years old. Regular double queen/king rooms rents for $69/night during the week and $79 on the weekends. During peak seasons these same rooms go for $89 on the weekends. For major events, they rent for $139/night. Rooms equipped with jacuzzis rent around $115 or $189 during events. Estimated gross at $384,000, expenses estimated at $239,000, NOI estimated at $145,000 and a 9.1% cap rate.
Location | |
Subdivision | - |
County | Carroll |
Elementary School | - |
Middle School | - |
High School | - |
Exact location data not provided
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MLS number: 1271524
Listing agent:
Salmonsen Group Realtors
Listing broker:
Keller Williams Market Pro Realty
(479) 718-2800
Copyright © 2025 Northwest Arkansas Board of REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
[source]
Last update: Tuesday, January 14 2025 at 10:40 p.m. EST
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