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154 Huntsville Road - Colonial Inn, Eureka Springs, AR

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154 Huntsville Road - Colonial Inn

Eureka Springs, AR 72632-9730

Property Type:Hospitality Number of Rooms:33 Status:Existing Year Built:1980
Stories:2 Building Size:12,000 SF Land Area:5.7 AC (248,292 SF)
For Sale Price:$745,000 Price/Room:$22,576 Cap Rate:-

Parking:3.33 Parking Spaces / 1,000 SF

Sale Notes:

This is a turnkey business. The Colonial Inn has recently been completely updated with lots of new furniture and pillow top mattresses. Fantastic location on highway 23 south with 29 rooms and 2 two bedroom apartments. The property has 2 brick buildings, one building has rooms that have an indoor entrance and the other building has rooms with direct outdoor access.
Eureka Springs, AR
Near schools
Insurance is $5,000 anually

NOI is over $200,000 a year.

Mike Kosinski
Mike Kosinski
(479) 253-7300

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