135 N Main Street
Eureka Springs, Ar 72632
$900,000
$352 per sqft6 Bed
5 Bath
0 Half Bath
2560 Sqft
0 Garage
0.15 Acres
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, wa...
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.
| MLS | 1257797 |
| Subdivision | Riley & Armstrong |
| Type | Residential |
| Built | 1970 |
| County | Carroll |
| School | Eureka Springs |
| Lot Size | 0.15 |
| Air Condition | Electric, ENERGYSTARQualifiedEquipment |
| Amenities | CeilingFans, GraniteCounters |
| Appliances | Dryer, Dishwasher, Disposal, GasOven, GasRange, GasWaterHeater, Microwave, Refrigerator, RangeHood, Washer |
| Driveway | ConcreteDriveway |
| Exterior | Frame |
| Fencing | Partial |
| Foundation | Crawlspace |
| Fireplace | ConcreteDriveway |
| Lot Desc | CityLot, NearPark, Subdivision |
| Listed By | 1 Percent Lists Arkansas Real Estate |