Eureka Springs Lodging For Sale
Cottages! Treehouses! Rooms!
In Arkansas’s hottest hospitality market we are pleased to offer a diversified Eureka Springs lodging for sale. Oak Crest Cottages and Treehouses is comprised of a variety of lodging styles. There are three treehouse cottages; three historic stone cottages; three themed motel type rooms, and a large unit known as the Chalet. Seven of the ten units have double whirlpool tubs. Four have spacious back decks overlooking wooded acreage, and the three stone cottages have quaint front patios.
The unique treehouses are accessed by wooden walking paths and are perched high over the hillside. They offer kitchenettes for guest use and a wall of windows opening to private decks and views of the woods. PRIVATE! The historic stone cottages date back to the early days of motor court lodging in Eureka Springs. The themed motel rooms take visitors back in time. The large Chalet is a luxury guest room and can also be reconfigured as a meeting room.
In addition to the lodgings, there is a small free standing chapel that plays into the many packages offered by this Eureka Springs lodging for sale in one of the most important wedding destinations in the country after Las Vegas. The property is completed by a detached owner’s or manager’s house and two storage sheds. The paved parking can easily handle 13 cars, one of each unit plus owners and staff.
The location on Route 62 is ideal for this Eureka Springs lodging for sale, as it is easily accessed and visible. Oak Crest is a short drive to the historic downtown with its winding streets, eclectic shops, and excellent variety of dining.
With a solid business and upside potential, Oak Crest is offered today for $879,000, which represents about a 13% cap rate and more than adequate debt coverage with a 25% down payment. For details, please contact Peter Scherman, 434-286-4600 of The B&B Team, Inn Consultants LLC or our Eureka Springs affiliate, Kim Williams, 479-253-4444 of The B&B Team / Kim Williams.
Arkansas broker of record is Coldwell Banker K-C Realty.
- Financially Viable
- $500,000 to $1 Million
- Mid West
- 6 - 10 Rooms
- Expanded Owners Quarters