Beaver Lakefront Cabins Resort – Great for 1031 Exchange

5453

Property ID

Description

Originally acquired in 2004, the business has grown with new additions and features that make it attractive to their customers who are looking for a relaxing getaway. 

The property qualifies for a rural development loan with $1.65 M down or equity via an exchange.

Business & Property Features

  • One Lake House
  • 6 Secluded Cabins
  • 1 Bluff Cabin
  • 5 Lake View Suites
  • 2 Treehouse Sky Suites with latest technology
  • +/- 20 Acres (Plenty of Room to Expand)
  • Indoor (Heated) Fishing Room
  • Boat Dock and Boat Rental
  • Massage Services
  • Rated 4.8 Stars
  • 11 Team Members
    • 7 with More than 3 Years-Experience
    • Average Tenure is 5 Years
  • Disinfecting Systems in HVAC Units
  • 2020 COVID Occupancy = 97%!

Growth Opportunities

  • Add Alcohol Service
  • Add More Lodging Units
  • Add Restaurant and Food Service
  • Add Shuttle Service to Eureka Springs
  • Add a Wedding Venue

2019 CAP RATE = 6.93%|PRICE = $8,175,000

2019 ADR = $253.85 | CURRENT ADR $303.87

HISTORICAL OCCUPANCY RATE = 83.3% | CURRENTLY ~97%

2020 PROJECTED CAP RATE = 8.5% BASED ON CURRENT FINANCIALS

Address

Address: 1234 Co Rd 120, Eureka Springs, AR 72631, USA
  • Province / State: Arkansas
  • City / Town: Eureka Springs
  • Postal code / ZIP: 72631
Get Directions - Open on Google Maps
  • Property ID 5453
  • Price $8,175,000
  • Property Type Special Purpose
  • Property status For Sale

Map View

Contact

Christian Baldwin

Property Seller
479-365-4307
christian@blackdiamondma.com
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