2017 E Van Buren Ave
Why I Like This Property
“This property stands out because of its excellent location, strong rental history, and potential for above-market returns.”
About This Property
Rare 12-unit turnkey hospitality investment in Eureka Springs. Studios at Eureka currently offers a flexible hybrid income model with 6 short-term rental units and 6 mid-term rental units. Opportunity for new owner to turn this into a boutique hotel! Valuable grandfathered STR permit in a market where new STR permits are banned in residential zones. The property has been remodeled throughout: LVP flooring, updated furnishings, smart locks, HVAC repairs and replacements, plumbing and electrical updates, exterior paint, landscaping, and active branding across Airbnb, VRBO, Booking.com, and a direct booking site. This multi-unit Ozark property benefits from Eureka Springs tourism demand and nearby attractions. Property is fully operational with active STR bookings and mid-term guests in place. Value-add opportunities: hot tub, outdoor fire pit/gathering area. Don't miss this one! Financials and projections available upon request. Buyer to verify all figures, permits, income, expenses, and projections.
Property Details
Projected Opportunity
Comparable Airbnb Listings
Revenue data from similar short-term rentals in the area
Eureka studio #401· Jetted tub · Walk to downtown
Eureka Springs, AR
Savvy Recommended Upgrades
Outdoor/community space
Modern design and furnishings
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Listing agent: Jennifer LeViseur. Listing courtesy of eXp Realty - SAVVY STR Agents. Information deemed reliable but not guaranteed.
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