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Executive Summary
Twin Oaks Motel & Liquor sits on about 2.67 acres at 3662 HWY 412 East in Paragould, Arkansas. The liquor store, which includes an attached 2-bedroom apartment, shares a free-standing building with roughly 2,800 square feet of space. The motel, in a separate building, spans about 2,924 square feet and offers 10 rooms plus a laundry room. Each room features a queen-size bed, mini-fridge, microwave, and a PTAC heating and cooling unit. Both buildings are constructed of concrete block with pitched roofs that were replaced in 2013..
The sale includes a liquor store with an attached apartment, a motel, a liquor license, and all fixtures associated with both businesses. There’s also an additional cost of approximately $75,000 at cost for inventory, to be purchased along with the businesses.
The sale includes a liquor store with an attached apartment, a motel, a liquor license, and all fixtures associated with both businesses. There’s also an additional cost of approximately $75,000 at cost for inventory, to be purchased along with the businesses.
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Building Size
5,724 SF
Building Class
C
Year Built/Renovated
1990/2013
Price
$811,887 CAD
Price Per SF
$141.84 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.05
Lot Size
2.67 AC
Zoning
Commercial General
Not walkable
10/100
Exceptionally drivable
100/100
Somewhat bikeable
20/100
Property Taxes
| Parcel Number | 0015-03220-002 | Improvements Assessment | $25,292 CAD |
| Land Assessment | $26,971 CAD | Total Assessment | $52,264 CAD |
Property Taxes
Parcel Number
0015-03220-002
Land Assessment
$26,971 CAD
Improvements Assessment
$25,292 CAD
Total Assessment
$52,264 CAD
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3662 US 412
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