3169 E Van Buren, Eureka Springs, AR 72632
Carroll County
Key Facts
Description
Incredible income producing hotel located in the heart of beautiful Eureka Springs, AR. This well maintained property features 60 guest rooms across 2 floors, many with balcony access, and sits in a prime location on Hwy 62 with excellent visibility and traffic flow. Room mix includes king rooms (with and without jetted tubs) and double queen rooms, appealing to a wide range of travelers. Each room is equipped with a TV, and select rooms offer mini fridges, microwaves, and coffee makers for added guest comfort. Guests enjoy a swimming pool and easy access. A proven, consistent occupancy record year over year. This is a true turnkey investment with immediate cash flow, plus major capital improvement already completed, a brand new roof in 2024. On site living quarters are included, ideal for owner operators or on site management. Conveniently located 1.7 miles from The Great Passion Play, 2.9 miles from Historic Downtown Eureka Springs, and directly on the Yellow Trolley Route (Stop #46), a huge draw for tourists.
Property Information
Property Type
Commercial Sale
Sub-Type
Hotel/Motel
Year Built
1994
Stories
2
Living Area
25,000 sq ft
Lot Size
2.75 acres
Parking Spaces
60
Days on Market
101
MLS® Listing#
1334663
Property Features
Interior
Appliances
Cooling
Heating
Flooring
Basement
Parking
Lot Features
Construction
Roof
Utilities
Water Source
Financial Details
Annual Taxes
$11,400
Parcel Number
925-02212-000
Directions
Hwy 62 to Eureka Springs, go east from Hwy 23 about 1.5 miles to property.
Affordability Calculator
$359,800
Estimated monthly payment
$9,575/mo
Principal $1,439,200 · Est. interest $2,007,812 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in Eureka Springs, AR
- $443,220
- Median Listing Price
- 74
- Median Days on Market
- 2,072
- Median Sq Ft
- $205
- Median Price / Sq Ft
- 405
- Active Listings
- This home’s price is 306% above the area median.
- Its price per sq ft is 65% below the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in Eureka Springs, AR.
Location
Points of Interest in Eureka Springs, AR
Showing the Eureka Springs area map.
Nearby Schools
Eureka Springs Public School
School · 1.1 mi away
Eureka Springs Elementary School
Elementary · 1.2 mi away
Eureka Springs Middle School
Secondary · 1.2 mi away
Natural State Montessori
Elementary · 1.6 mi away
Eureka Springs High School
Secondary · 1.8 mi away
Clear Spring School
School · 2.1 mi away
Berryville Elementary School
Elementary · 7.3 mi away
Berryville Elementary School
Elementary · 7.4 mi away
Berryville School District
School · 7.4 mi away
Berryville High School
Secondary · 7.4 mi away
Berryville Intermediate School
Elementary · 7.4 mi away
Berryville Middle School
Secondary · 7.9 mi away
Berryville School District
School · 8.0 mi away
Rocky Branch School
School · 13.4 mi away
Garfield Elementary School
Elementary · 14.9 mi away
Green Forest High School
Secondary · 16.2 mi away
Green Forest Elementary School
Elementary · 16.2 mi away
Green Forest School District
School · 16.3 mi away
Green Forest Intermediate School
Secondary · 16.3 mi away
Southwest High
Secondary · 19.3 mi away
Commute Calculator
Nearby Homes
Similar Homes Nearby
Similar Home Values
Comparable nearby listings and their asking prices.
| Address | Price | Beds | Baths | Sq Ft |
|---|---|---|---|---|
| Hwy 112 and N Wallis Road Lot E, Cave Springs, AR | $1,274,849 | — | — | — |
| 37 Main Street, Eureka Springs, AR | $1,295,000 | — | — | 14,350 |
| 37 Main Street, Eureka Springs, AR | $1,295,000 | — | — | 14,350 |
| 37 Main Street, Eureka Springs, AR | $1,295,000 | — | — | 14,350 |
| 378 Lake Forest Drive, Eureka Springs, AR | $1,299,000 | 5 | 3 | 3,402 |
| 757 Lakeview Drive, Eureka Springs, AR | $1,300,000 | 4 | 4 | 3,578 |
Moving Cost Estimate
EXIT Agents in Eureka Springs
Listing Courtesy: Keller Williams Market Pro Realty Bentonville West - 479-231-1355
Presented by: Salmonsen Group Realtors