The Gordon 208 Court St 18 Room Hotel Jasper, AR 72641 $799,000 ($44,389/Room)
INVESTMENT HIGHLIGHTS
- Near downtown Jasper with its tourist traffic and charm.
- The Gordon is a 18 unit historic motel with 1500 SF home in downtown Jasper, Arkansas.
- Jasper provides great restaurants, downtown farmer and craft market, art gallery, quaint shopping, cultural and music events year round.
EXECUTIVE SUMMARY
INVESTMENT OPPORTUNITY near the Buffalo River! The Gordon is a 18 unit historic motel with 1500 SF home in downtown Jasper, Arkansas, and is the gateway to the breathtaking Buffalo National River and the Ozark National Forest. Outdoor enthusiasts can explore to enjoy a landscape packed with natural beauty, diverse waterways, & wildlife. Paddle down scenic rivers via canoe or kayak, explore and hike hidden trails, mountain bike hundreds of miles in the Ozark National Forest, or cast a line and fetch fish from clear streams. If you crave an adventure or adrenaline rush the Ozarks provide rock climbing, heart pounding ziplining, horseback riding, ATV and a dirt bike wonderland opportunities. If you're seeking a tranquil experience, Jasper provides great restaurants, downtown farmer and craft market, art gallery, quaint shopping, cultural and music events year round in the “Elk Capital of Arkansas”. 6 of the rooms have recently been completely renovated and 12 rooms has undergone updates recently.
PROPERTY FACTS
AMENITIES
- High Speed Internet Access
- Public Access Wifi
- Smoke-Free
ROOM MIX INFORMATION
| DESCRIPTION | NO. ROOMS | DAILY RATE | SF |
|---|---|---|---|
| Guest Room | 18 | $97.00 | - |
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PROPERTY TAXES
| Parcel Number | 726-00025-000C | Improvements Assessment | $11,640 |
| Land Assessment | $3,300 | Total Assessment | $14,940 |
