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$799,000
Est. payment /mo
12 Beds
12 Baths
UPDATED:
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
Bedrooms 12
Full Baths 12
Property Description
Rare 12-unit turnkey hospitality investment in Eureka Springs. Studios at Eureka currently offers a flexible hybrid income model with 6 short-term rental units and 6 mid-term rental units. Opportunity for new owner to turn this into a boutique hotel! Valuable grandfathered STR permit in a market where new STR permits are banned in residential zones. The property has been remodeled throughout: LVP flooring, updated furnishings, smart locks, HVAC repairs and replacements, plumbing and electrical updates, exterior paint, landscaping, and active branding across Airbnb, VRBO, Booking.com, and a direct booking site. This multi-unit Ozark property benefits from Eureka Springs tourism demand and nearby attractions. Property is fully operational with active STR bookings and mid-term guests in place. Value-add opportunities: hot tub, outdoor fire pit/gathering area. Don't miss this one! Financials and projections available upon request. Buyer to verify all figures, permits, income, expenses, and projections.
Location
State AR
County Carroll
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Listed by Jen LeViseur • Savvy STR Agents
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