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 furnished mid-term rental units. Opportunity for new owner to turn this into a boutique hotel! Plus a valuable grandfathered STR permit in a market where new STR permits were banned in residential zones in 2021. The property has been remodeled throughout, with recent improvements including LVP flooring in all units, 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 website. This multi-level Ozark property benefits from Eureka Springs tourism demand, with nearby attractions including Thorncrown Chapel, Basin Park, Beaver Lake, and Ozark trails. The property is fully operational with active STR bookings and mid-term tenants in place. Value-add opportunities include a hot tub, outdoor fire pit or gathering area, and expanded direct booking strategy. Don’t miss your opportunity to own a turnkey hospitality operation in a thriving tourist market!