135 N Main Street, Eureka Springs, AR 72632
- $900,000
- 6
- BD
- 5
- BA
- 2,560
- SqFt
- List Price
- $900,000
- Status
- ACTIVE
- MLS#
- ARKMLS-1257797
- Bedrooms
- 6
- Full-baths
- 5
- Sq. Ft
- 2,560
- Acres
- 0.15
- Year Built
- 1970
- Subdivision
- Riley & Armstrong
Property Description
This successful short-term rental business in the heart of Eureka Springs includes two properties with proven track records. Located in the Commercial and Historic Districts of the town makes it desirable and convenient for guests. Each property has been extensively renovated (granite throughout, walk-in showers, oversized decks, amazing outdoor space) and each has a new roof. One home is 3bed/2bath, the other is 3bed/3bath. In 2022 the property achieved a 9.3% Cap Rate, and in 2023 it is projected to finish between 10.0%-10.3%. Sale includes properties, contacts for current cleaners and maintenance team, all furnishings including high-end linens, eclectic art, fully stocked kitchens, etc., and website ownership. Each property has a website for guests to book directly with the owner to cut out the middle man of other short-term rental sites. Eureka Springs brings in over 750,000 visitors annually and has many local attractions and events. Includes MLS# 1257801.
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Additional Information
- Taxes
- $1,458
- Roof
- Asphalt, Shingle
- Appliances
- Dryer, Dishwasher, Disposal, Gas Oven, Gas Range, Gas Water Heater, Microwave, Refrigerator, Range Hood, Washer
- Fencing
- Partial
- Foundation
- Crawlspace
- Basement
- None, Crawl Space
- Levels
- One
- Fireplace
- Yes
- School District
- Eureka Springs
- Heating
- Electric, ENERGY STAR Qualified Equipment
- Cooling
- Electric, ENERGY STAR Qualified Equipment
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Listing courtesy of 1 Percent Lists Arkansas Real Estate.