10 Mint Ridge Rd
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10 Mint Ridge Rd
5,139 SF Specialty Building Offered at $4,999,000 at a 10.90% Cap Rate in Eureka Springs, AR 72632
Investment Highlights
- 147 Acres of Off Road Park and Trails- SxS, Slingshot, and RV Camper Rentals
- Camping, Riding, Hiking, Caving. Full Bath House for Men’s/Womens/Laundry.
- Onsite Owners Living quarters. Bar/Restaurant. Equipment totaling $213,500
- RV Park- FULL HOOKUP for 19 RV Pad Sites. Partial (Water and Electric only) for 7 Pad Sites. Tent and Campsite rentals
- ABC Wine and Beer Permits. Tobacco Sales Permits. Outdoor Amphitheater for Large Scale Events.
- Room for expansion: More events, Boat Rentals from Polaris for the Lake, Bus/Slingshot tours of downtown Eureka
Executive Summary
3 B Off Road Adventure Park-RV Park-Campground 147 acres of off road trails and commercial property with endless possibilities! 3B has been flourishing in business over the years and is available for purchase. ~Owners living quarters -1 bed, 2 baths, 1302 sqft heated and cooled space with a larger covered patio. ~Shop/Campground store - 1280 sqft with a large deck used for entertaining ~ABC beer and wine permit (Off and On premise sales) + Tobacco Sales permit ~990 sqft bath house with men’s and women’s separate bathrooms, and laundry ~Outdoor Ampitheater/Stage for concerts and events ~On the Rocks Bar-Snack Shack 1536 sqft 2 story building ~ FULL hookup for 19 RV camping pad spaces (water, electric, septic included) + 7 Sites with water and sewer ~ Two Camper rentals available ~ Several Tent camping sites w/o utilities ~$213,500 in valued equipment that conveys with property ~ Caves to explore ~ Many buildable sites ~ Plenty of Growth Potential Owner Operators/Investors/Developers all welcome!
Financial Summary (Actual - 2023) |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$425,259
|
$82.75
|
| Other Income |
$317,416
|
$61.77
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$742,675
|
$144.52
|
| Taxes |
-
|
-
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$197,640
|
$38.46
|
| Net Operating Income |
$545,035
|
$106.06
|
Financial Summary (Actual - 2023)
| Gross Rental Income | |
|---|---|
| Annual | $425,259 |
| Annual Per SF | $82.75 |
| Other Income | |
|---|---|
| Annual | $317,416 |
| Annual Per SF | $61.77 |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $742,675 |
| Annual Per SF | $144.52 |
| Taxes | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses | |
|---|---|
| Annual | $197,640 |
| Annual Per SF | $38.46 |
| Net Operating Income | |
|---|---|
| Annual | $545,035 |
| Annual Per SF | $106.06 |
Property Facts
| Price | $4,999,000 | Building Class | B |
| Price Per SF | $973 | Lot Size | 145.00 AC |
| Sale Type | Investment or Owner User | Building Size | 5,139 SF |
| Cap Rate | 10.90% | No. Stories | 2 |
| Sale Conditions | Business Value Included | Year Built/Renovated | 2005/2020 |
| Property Type | Specialty | Parking Ratio | 9.92/1,000 SF |
| Property Subtype | Trailer/Camper Park |
| Price | $4,999,000 |
| Price Per SF | $973 |
| Sale Type | Investment or Owner User |
| Cap Rate | 10.90% |
| Sale Conditions | Business Value Included |
| Property Type | Specialty |
| Property Subtype | Trailer/Camper Park |
| Building Class | B |
| Lot Size | 145.00 AC |
| Building Size | 5,139 SF |
| No. Stories | 2 |
| Year Built/Renovated | 2005/2020 |
| Parking Ratio | 9.92/1,000 SF |
Amenities
- Signage
- Air Conditioning
1 of 1
PROPERTY TAXES
| Parcel Number | 001-07158-000 | Improvements Assessment | $10,050 (2024) |
| Land Assessment | $14,450 (2024) | Total Assessment | $24,500 (2024) |
PROPERTY TAXES
Parcel Number
001-07158-000
Land Assessment
$14,450 (2024)
Improvements Assessment
$10,050 (2024)
Total Assessment
$24,500 (2024)
zoning
| Zoning Code | Commercial (Commercial) |
| Commercial (Commercial) |
-
Sara Posey -
Collier & Associates
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10 Mint Ridge Rd
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