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… Read More 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. Read Less
Courtesy of Salmonsen Group Realtors, Keller Williams Market Pro Realty Bentonville West 479-330-1250
Listing Snapshot
Days Online
236
Last Updated
Property Type
HotelMotel
Square Ft.
17,020
Lot Size
0.91 Acres
Year Built
1985
MLS Number
1271524
30 Days Snapshot Of 72632
$282k
-7%
(avg) sold price
11
+83%
homes sold
141
+27%
(avg) days on market
Snapshot
Area Map
Additional Details
Property Access
Road frontage type: MainThoroughfare
Basement
None
Building
Built in 1985, Construction materials: Block, Concrete, VinylSiding, Toal building area: 17020
Information herein is deemed reliable but not guaranteed and is provided exclusively for consumers' personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
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