469 River Rd - Specialty FOR SALE


Lakeview, AR 72642
$3,500,000 USD
870-321-5309
469 River Rd, Lakeview, AR for Sale
$3,500,000 USD
Specialty - FOR SALE
1/60
null | 7% Cap Rate

469 River Rd
Lakeview, AR 72642


HIGHLIGHTS

  • This resort has so much income potential it is difficult for current owners to let go and allow new owners to double the income.
  • One of the most popular Qhite River Resorts in Arkansas. Lots of returning guests. Very popular name.
  • Rv spots have potential to double income with time.

OVERVIEW

This historic resort on the White River is known for its rustic cabins and scenic riverside setting. The property features 13 rental cabins, 50 RV sites, and a commercial storefront currently leased as a fly shop and fishing guide service. Previous owners have operated the fly shop and guide service themselves as a source of additional income. Having owned the resort for a full year and made numerous upgrades, the current owners are now ready to travel and pursue new adventures. The opportunities for additional revenue are virtually endless and could include adding more cabins, boat rentals, golf cart rentals, guided fishing services, operating the fly shop, a propane fill station, bike rentals, canoe or float trips, filling rv sites with monthly guests, and more. Copper John's Resort has a loyal customer base, with many guests returning year after year.

FOR SALE DETAILS

PRICE

$3,500,000 USD

PRICE/SF

$700 USD /SF

CAP RATE

7%

% LEASED

-

TENANCY

-

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Specialty

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

B

YEAR BUILT

1985

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

6.5 AC

LAND SF

283,140 SF

ZONING

-

APN/PARCEL ID

002-09377-000

ASK ABOUT THIS PROPERTY

Adam PhillipsLike New Rentals - 6444 S Hwy 178More Info
870-321-5309

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Adam PhillipsLike New Rentals - 6444 S Hwy 178More Info
870-321-5309

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.