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Beland Manor Bed & Breakfast 1320 S Albert Pike Ave 9 Room Bed and Breakfast Fort Smith, AR 72903 $1,131,767 CAD ($125,752 CAD/Room)
Investment Highlights
- Could be a bed and breakfast. It operated as one for about 40 years or more, until 2022. There is no other bnb in Fort Smith that I am aware of.
- Right in the heart of Fort Smith. 9 min from the airport. 4 min to UAFS. 1 hour from Fayetteville. 8 min to the river.
- Tons of charm in the home. Check out our reviews and people's comments on how they love the home.
Executive Summary
Grand colonial mansion, an income producing property, with 7,000 sq ft, 9 bedrooms and 9 bathrooms, built in 1950. Tons of charm. Previously a success Bed and Breakfast until 2021. Currently, the individual private suites are being rented (6 available, 1 coming soon, 1 for caretaker and 1 that still needs a minor update). Currently one downstairs is rented and out of the 3 unfinished units, 2 are downstairs). The home has a welcoming entry with grand staircase, huge living room with a fireplace, large dining area that we currently have 4 tables setup and a really cool game room upstairs with bar area. The kitchen is beautiful with custom cabinets, quartz countertops, island, Z-Line appliances (dishwasher, fridge and 48" double oven range with gas cooktop). 3 coffee bars. Game room has full size fridge, sink and microwave. The backyard has had weddings previously according to the prior owner. Nice koi pond. Recently sealed parking lot with approximately 10 parking spaces. There is additional parking space in front of the converted garages. Home comes fully furnished. Very little to no marketing has been done for this property and yet we have 50% occupancy year-to-date. Additional income could be added by adding 2 more rooms at minimal cost, leaving one room for yourself or a caretaker. The location is right in the heart of Fort Smith. Restaurants, shopping and hospitals all in the immediate area. The airport is 9 min away and UAFS is 4 min away. This did used to be a Bed and Breakfast for nearly 40 years. You will find it difficult to find another property in the area like this one. Don't let this opportunity pass you by!
Financial Summary (Actual - 2025) Click Here to Access |
Annual (CAD) | Annual Per SF (CAD) |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Net Operating Income |
-
|
-
|
Financial Summary (Actual - 2025) Click Here to Access
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
Property Facts
Amenities
- Meeting Event Space
- Wedding Venue
- Public Access Wifi
- Smoke-Free
- Smoke Detector
- Shower Facilities
Room Mix Information
| Description | No. Rooms | Daily Rate | SF |
|---|---|---|---|
| Guest Room | 9 | $212.47 CAD | - |
1 1
Fairly walkable
50/100
Exceptionally drivable
100/100
Somewhat bikeable
30/100
Property Taxes
| Parcel Number | 13633-0004-00001-00 | Improvements Assessment | $121,720 CAD |
| Land Assessment | $21,719 CAD | Total Assessment | $143,438 CAD |
Property Taxes
Parcel Number
13633-0004-00001-00
Land Assessment
$21,719 CAD
Improvements Assessment
$121,720 CAD
Total Assessment
$143,438 CAD
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Beland Manor Bed & Breakfast | 1320 S Albert Pike Ave
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