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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



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 | Lot Size | 1.22 AC |
| Price Per Room | $53,685 CAD | Building Size | 14,246 SF |
| Sale Type | Investment | No. Rooms | 23 |
| Cap Rate | 12.30% | No. Stories | 4 |
| Sale Condition | Business Value Included | Year Built/Renovated | 1985/2017 |
| Property Type | Hospitality | Parking Ratio | 1.83/1,000 SF |
| Property Subtype | Hotel | Corridor | Exterior |
| Building Class | C | ||
| Zoning | Commercial | ||
| 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 | - |
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PROPERTY TAXES
| Parcel Number | 925-01852-001 | Improvements Assessment | $162,613 CAD |
| Land Assessment | $21,603 CAD | Total Assessment | $184,215 CAD |
PROPERTY TAXES
Parcel Number
925-01852-001
Land Assessment
$21,603 CAD
Improvements Assessment
$162,613 CAD
Total Assessment
$184,215 CAD
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The Lodge | 3031 E Van Buren
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