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Traveler's Inn 2044 E Van Buren

58 Room Hotel Eureka Springs, AR 72632 $1,499,900 ($25,860/Room)

Investment Highlights

  • 56 Hotel Rooms Spread Across 4 Buildings
  • Prime Location in Eureka Springs
  • Sits on +/- 9.7 Acres
  • 3bed/2bath Airbnb Building on the Property
  • 6 Minutes to Downtown Eureka Springs
  • Over $239,000 in renovations

Executive Summary

Charming 56-room motel nestled in the heart of Eureka Springs, AR, offers a prime investment opportunity on +/- 9.7 acres of peaceful, wooded land. The current owner has invested over $225K in improvements, including new flooring in most areas/rooms, repainted 44 rooms, new bedding and towels, new washer/dryer in both laundry rooms, a new water heater, and new pool plaster. Each room features plush beds, private bathrooms, and flat-screen TVs, with pet-friendly options available. Room choices include standard king, single queen, double queen, and spacious queen suites, across 4 two-story buildings. In warmer months, guests can enjoy an outdoor pool, sundeck, and a large park area with picnic tables, BBQ grills, and a cozy fireplace with year-round seating. A 3-bed, 2-bath Airbnb near the front, featuring $14K in renovations, provides additional income or employee housing. Conveniently located 6 minutes from Downtown and along the Trolley's Blue Route (Stop #17), guests have easy access to local shops and dining.

Property Facts

Price $1,499,900
Price Per Room $25,860
Sale Type Investment
Sale Conditions Business Value Included
Property Type Hospitality
Property Subtype Hotel
Building Class B
Lot Size 9.67 AC
Building Size 20,380 SF
No. Rooms 58
No. Stories 2
Year Built/Renovated 1970/2022
Parking Ratio 2.53/1,000 SF
Corridor Exterior

Amenities

  • Pool
  • High Speed Internet Access
  • Patio
  • Meeting Event Space
  • Public Access Wifi
  • Fully-Equipped Kitchen
  • Multi-Room Suites

About 2044 E Van Buren , Eureka Springs, AR 72632

Charming 56-room motel with remodeled Airbnb nestled in the heart of Eureka Springs, Arkansas offers an ideal investment opportunity on +/- 9.7 acres of serene, wooded land. Each room is equipped with plush beds, private bathrooms, and flat-screen TVs, with pet-friendly options available. Your guests can choose from a variety of accommodations, including standard king rooms, single queen, double queen, or spacious queen suites, spread across four two-story buildings. In the warmer months, your guests will love the outdoor pool, sundeck, and large park area featuring picnic tables, BBQ grills, and a cozy fireplace with year-round seating. Additionally, a fully remodeled 2bed, 1.5bath Airbnb near the front of the property offers extra income potential or can be used as employee housing. Located just 6 minutes from Downtown Eureka Springs and situated along the Eureka Springs Trolley's Blue Route (Stop #17), your guests will enjoy convenient access to local shopping and dining.

Room Mix Information

Description No. Rooms Daily Rate SF
Suite 2 $312.00 -
Guest Room 56 $75.00 -

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • 925-01855-003
  • 925-01855-002
Land Assessment
$41,580
Improvements Assessment
$196,770
Total Assessment
$238,350

zoning

Zoning Code C-2 (C-2-C City of Eureka Springs. Allows for most types of hospitality and commercial uses.)
C-2 (C-2-C City of Eureka Springs. Allows for most types of hospitality and commercial uses.)
  • Listing ID: 33479484

  • Date on Market: 10/10/2024

  • Last Updated:

  • Address: 2044 E Van Buren, Eureka Springs, AR 72632

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