Whispering Woods Grill & Cabins | 4245 Highway 177 S
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Whispering Woods Grill & Cabins 4245 Highway 177 S
11,589 SF 100% Leased Retail Building Jordan, AR 72519 $2,099,279 CAD ($181 CAD/SF) 21.83% Cap Rate
Investment Highlights
- Beautiful location on Norfork Lake
- 11 newly refurbished cabins and new 3,600 SF custom home available separately
- Large, acclaimed restaurant with loyal following
- Owned extra land for expansion + option on adjoining 36 ac
Executive Summary
Highly profitable & acclaimed 4* restaurant & 11 nightly rental cabin business on beautiful Norfork Lake. Conveniently located near dam, business enjoys very loyal following attracted to area’s world class fishing & water sports on White River and both the Norfork River & Norfork Lake. Restaurant includes rebuilt kitchen & seats 100 guests inside, 40 outdoor on picturesque patio. Undermarketed refurbished rental cabins provide a great opportunity to work, live & enjoy the area. Popular semiactive catering provides good frowth opportunity. New owner can manage, promote & grow business as all needed upgrades are completed. ZERO marketing effort on cabins other than website phone# .. another growth op. Includes adjoining 36 ac option to purchase and add RV park or additional cabins. Property is a hidden gem for an entrepreneur looking to capitalize on exceptional location, impressive amenities & significant untapped potential. The perfect blend of nature, luxury overnights, culinary excellence and ROI.
Data Room Click Here to Access
- Offering Memorandum
Property Facts Under Contract
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Building Size
11,589 SF
Year Built/Renovated
1950/2018
Price
$2,099,279 CAD
Price Per SF
$181 CAD
Cap Rate
21.83%
NOI
$458,283 CAD
Percent Leased
100%
Building Height
1 Story
Zoning
Residential
Frontage
400 ft on Hwy 177
Amenities
- Corner Lot
- Courtyard
- Fireplace
- Restaurant
- Tenant Controlled HVAC
- Air Conditioning
MAJOR TENANTS
- Tenant
- Industry
- SF OCCUPIED
- RENT/SF
- Lease End
- Whispering Woods
- Accommodation and Food Services
- 8,000 SF
- -
- -
| Tenant | Industry | SF OCCUPIED | RENT/SF | Lease End | ||
| Whispering Woods | Accommodation and Food Services | 8,000 SF | - | - |
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Whispering Woods Grill & Cabins | 4245 Highway 177 S
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