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Commercial Hotel 110 Mc Lean Ave 9 Room Hotel Cotter, AR 72626 $1,175,743 CAD ($130,638 CAD/Room) 8% Cap Rate
INVESTMENT HIGHLIGHTS
- Renovated in 2023.
EXECUTIVE SUMMARY
Opportunity here for an exciting “Encore Career”! You’ve retired, traveled, started hobbies. Or are you just starting out and want a true turn key business. Business skills you have earned during a lifetime, sitting on a shelf. This turnkey, owner operated opportunity is waiting in Historic Cotter Arkansas. Fly fishing trout capital of the world, year-round visitors from all over the world. Rehabbed to original glory a 1903 hotel has on main a volume ceiling in lobby, 3 en’suite guest room. Central room has picnic tables and comfy furniture, enjoy a meal or just relax. Cooks’ kitchen is amazing, commercial gas stove and refrigerator, workspace on stone counters. State-of-the-art laundry, multiple storage rooms fully stocked with supplies and linens. The second floor has 3 full baths, 9 rooms, flat screens & split systems. Fire pit and grill in yard, guest parking. Hotel is booked into 2026!Family, corporate, vacation rental, wedding venue, resort. Minutes to White River, in entertainment district, all inventory conveys with this unique opportunity!
PROPERTY FACTS
| Price | $1,175,743 CAD | Lot Size | 0.20 AC |
| Price Per Room | $130,638 CAD | Building Size | 5,972 SF |
| Sale Type | Investment | No. Rooms | 9 |
| Cap Rate | 8% | No. Stories | 2 |
| Property Type | Hospitality | Year Built/Renovated | 1903/2023 |
| Property Subtype | Hotel | Corridor | Interior |
| Building Class | C |
| Price | $1,175,743 CAD |
| Price Per Room | $130,638 CAD |
| Sale Type | Investment |
| Cap Rate | 8% |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | C |
| Lot Size | 0.20 AC |
| Building Size | 5,972 SF |
| No. Rooms | 9 |
| No. Stories | 2 |
| Year Built/Renovated | 1903/2023 |
| Corridor | Interior |
AMENITIES
- High Speed Internet Access
- Public Access Wifi
- Smoke-Free
ROOM MIX INFORMATION
| DESCRIPTION | NO. ROOMS | DAILY RATE | SF |
|---|---|---|---|
| Guest Room | 9 | $124.51 CAD | - |
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Commercial Hotel | 110 Mc Lean Ave
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