Ozarka Lodge

For Sale

110 Huntsville Road, Eureka Springs, AR 72632

This Eureka Springs property for sale is located at 110 Huntsville Road. The current listed sale price for Ozarka Lodge is $1,950,000. Ozarka Lodge is situated on a lot that is 0.91 acre in size.

Contacts

broker

Timothy Salmonsen

Salmonsen Group Realtors, Bentonville, AR

(479) 231-1355

Property Details

  • Property Type Other
  • Property Size 17,020 SF
  • Units 45
  • Lot Size 0.91 Acre
  • Year Built 1985
  • Date Updated Apr 19, 2024
Going East on AR-23 N/Huntsville Rd, the property will be on the left near the intersection of Huntsville Road and E Van Buren.Welcome to Ozarka Lodge, a 4 story hotel nestled in Eureka Springs and totaling 45 rooms. Among them are 29 double queen rooms, 11 king rooms, 4 king rooms w/ jacuzzi tub, and 1 double queen room w/jacuzzi tub. Guests can also enjoy relaxing in the pool, that also features convenient access underneath.This property also offers a 2bed living quarter complete with a kitchen, dining room, living room, and private balcony, great for employee housing. Priced at $114.57 PSF, which is less than half the current construction cost. The property is cinder block construction with a metal sloping roof featuring a concrete underlie only 7 to 8 years old. Regular double queen/king rooms rents for $69/night during the week and$79 on the weekends. During peak seasons these same rooms go for $89 on the weekends. For major events, they rent for $139/night. Rooms equipped with jacuzzis rent around $115 or $189 during events.Estimated gross at $384,000, expenses estimated at $239,000, NOI estimated at $145,000 and a 7.5%cap rate.

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Highlights

  • 45 Rooms Total on 4 Levels
  • 2 Bed Living Quarter on Site
  • Priced at $114 PSF - less than half the current construction cost
  • Estimated Gross Income at $384,000
  • 7.5% Cap Rate

Attachments

Getting around

  • 47/100

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  • 12/100

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Location

  • City Eureka Springs, AR
  • Neighborhood Eureka Springs
  • Zip Code 72632

Points of Interest

  • Quality Inn

    0.09 miles

  • Super 8 by Wyndham Eureka Springs

    0.56 miles

  • Days Inn by Wyndham Eureka Springs

    0.72 miles

  • Lookout Lodge

    0.88 miles

  • Best Western Inn of the Ozarks

    1.05 miles

  • Basin Hotel

    1.08 miles

  • Wanderoo Lodge

    1.09 miles

  • The New Orleans Hotel

    1.16 miles

  • The Palace Hotel and Bath House

    1.25 miles

  • Safari Lodge

    5.28 miles

  • Hart's Family Center

    0.40 miles

  • Walmart Supercenter

    8.32 miles

In-Depth Research Available for this Property

Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.

Contact Listing Broker

broker

Timothy Salmonsen

Salmonsen Group Realtors, Bentonville, AR

(479) 231-1355