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7462 Highway 187

4 Unit Apartment Building $985,142 CAD ($246,285 CAD/Unit) Eureka Springs, AR 72631

Investment Highlights

  • Minimum Potential Income: About $5,000/MO
  • 1 2 bed/1 bath Unit
  • +/- 5 Acres
  • 2 Efficiency Units (studios)
  • +/- 4,600 SF Home with Full Basement and Solar Panels
  • 2 Shops & 1 large RV/Car/Boat Port

Executive Summary

3 Airbnb or STR units, one single family house, 2 shops, and one large RV/car/boat port all on +/- 5 Acres! Of the 3 Airbnb units, 2 are efficiency units (studios) and one is a 2 bed/1 bath. The main home spans over 4600 SF and includes a full basement and solar panels. Estimated minimum potential rental income could be about $5,000/mo with the house rented at $2,500/mo, the 2 efficiency units rented at $75/night and rented at least 100 days a year each and the 2bed/1bath unit rented at $600/mo. Just two minutes to White River and Beaver Lake and just 9 miles West of Eureka Springs, AR. You can also buy the adjacent property which has 3 additional rental units and a bar/restaurant business with a turn key kitchen!

Property Facts

Price $985,142 CAD
Price Per Unit $246,285 CAD
Sale Type Investment
No. Units 4
Property Type Multifamily
Property Subtype Apartment
Apartment Style Single Family Home
Lot Size 5.00 AC
Building Size 4,600 SF
No. Stories 1
Year Built 1980

zoning

Zoning Code Agricultural
Agricultural
  • Listing ID: 27557418

  • Date on Market: 2023-01-20

  • Last Updated:

  • Address: 7462 Highway 187, Eureka Springs, AR 72631

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