InnShopper > Inns for Sale > Arkansas > Eureka Springs > Cliff Cottage Inn

Cliff Cottage Inn


Eureka Springs, AR   Offered for sale at $649,000
 

The 4-contiguous building inn has been reduced to $649,000.
Cliff Cottage, one of the restored historic homes making up the inn, was built in 1880s for Eureka's first mayor and is Sears first kit home and most photographed house downtown. It has two very large jacuzzi suites with own living rooms, spacious bedrooms, private front porches and shared back deck. One features an artistic romantic outdoor two-person shower tucked into the rock bluff behind.

The Artist's Cottage, a 1920s Arts & Craftsman home, was restored by the present innkeeper and features two large jacuzzi suites filled with antiques and beautiful stained glass windows. Zelda's Studio is a 2-story historic building with a studio apartment on the first floor with fully-equipped kitchen, living room, bedroom and bath with 2-person shower and private deck and hot tub in the woods behind.Lots of inn storage upstairs (or potential for creating another suite).

The Place Next Door is a purpose-built Victorian replica designed and built by present innkeeper in 1992 and has 2 jacuzzi suites upstairs, a Great Room downstairs for weddings, large kitchen. Each house has its own laundry facilities and there is off-street parking for 8 vehicles. The inn is very visible to everyone entering downtown Eureka Springs.

Most furnishings convey with this turnkey highly successful operation. Excellent cap rate. ALL ZONED COMMERCIAL so no need to apply for zoning or conditional use permits -- you can have any type of business on the property! 9 off-street parking spaces. All new roofs 2015-16; each house has own laundry room.



Property Details
  • 7 Guest Rooms
  • 8 Guest Room Baths
  • Has Owner's Quarters
  • Built in 1883
  • Last Renovated in 2015
  • Opened in 1992
  • Building is 7,000 SQFT
  • Lot is 1 Acres
  • Photo Gallery
  • Property Website
Financial Details
  • Offered for sale at $649,000
  • Occupancy Rate: 30-40%
  • Average Daily Rate: $253
  • Terms: Full financials provided to pre-qualified buyer. Seller might be willing to sell 40 Armstrong off separately.
  • Prequalify for Inn Financing on this property
Contact Information