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The Lodge 3031 E Van Buren 23 Room Hotel Eureka Springs, AR 72632 $1,234,752 CAD ($53,685 CAD/Room) 12.30% Cap Rate

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INVESTMENT HIGHLIGHTS

  • Fully Furnished 4-Story Hotel On +/- 1.22 Acres
  • Four Rooms Have Private Jacuzzis
  • Spacious Manager's Quarters: Two Story Apartment with 2 Bedrooms and 2 Bathrooms
  • 23 Guest Rooms Featuring King and Double Queen Layouts
  • Pool For Guest Relaxation and Convenient Covered Bike Parking

EXECUTIVE SUMMARY

12.3% cap rate with over $108,000 in net income through 2025 as of November 15th! This fully furnished 4-story hotel is situated on +/-1.22 acres of partially wooded land with scenic views and frontage on US Highway 62, just 2 miles from downtown Eureka Springs. The property features 23 guest rooms, including king and two-queen bed layouts, with four rooms boasting private jacuzzi's for an elevated guest experience. Amenities include a pool at the rear of the property, covered bike parking, and convenient access to Public Trolley Stop #51, making it easy for guests to explore the area. The sale also includes a spacious manager’s quarters—a two-story apartment with two bedrooms and two bathrooms—perfect for on-site management. Some recent updates include a full roof replacement in 2024, new carpet installed in all rooms + apartment in 2023, and new RFID locks on all rooms in 2022. This hotel offers an exceptional turnkey opportunity to operate a well-located, fully equipped property in one of Northwest Arkansas’ most popular tourist destinations.

PROPERTY FACTS

Price $1,234,752 CAD
Price Per Room $53,685 CAD
Sale Type Investment
Cap Rate 12.30%
Sale Condition Business Value Included
Property Type Hospitality
Property Subtype Hotel
Building Class C
Lot Size 1.22 AC
Building Size 14,246 SF
No. Rooms 23
No. Stories 4
Year Built/Renovated 1985/2017
Parking Ratio 1.83/1,000 SF
Corridor Exterior
Zoning Commercial

AMENITIES

  • Pool
  • Outdoor Pool

ROOM MIX INFORMATION

DESCRIPTION NO. ROOMS DAILY RATE SF
Guest Room 23 $71.16 CAD -

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
925-01852-001
Land Assessment
$21,603 CAD
Improvements Assessment
$162,613 CAD
Total Assessment
$184,215 CAD
  • Listing ID: 37428438

  • Date on Market: 2025-03-03

  • Last Updated:

  • Address: 3031 E Van Buren, Eureka Springs, AR 72632

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