7462 Highway 187, Eureka Springs, AR 72631

$695,000 Asking Price

8 beds
7 baths
5,669  sqft
Built in 1960

3 Airbnb or STR units, one single family house, 2 shops, and one large RV/car/boat port all on +/- 5 Acres! Of the 3 Airbnb units, 2 are efficiency units (studios) and one is a 2 bed/1 bath. The main home spans over 4600 SF and includes a full basement and solar panels. Estimated minimum potential rental income could be about $5,000/mo with the house rented at $2,500/mo, the 2 efficiency units rented at $75/night and rented at least 100 days a year each and the 2bed/1bath unit rented at $600/mo. Just two minutes to White River and Beaver Lake and just 9 miles West of Eureka Springs, AR. You can also buy the adjacent property which has 3 additional rental units and a bar/restaurant business with a turn key kitchen!

Features & Amenities

Interior

General:
Ceiling Fan(s),Eat-in Kitchen,Granite Counters,Pantry,See Remarks,Walk-In Closet(s),Wood Burning Stove,In-Law Floorplan
Appliances:
Double Oven,Dishwasher,Electric Oven,Electric Water Heater,Propane Cooktop,Propane Water Heater,Plumbed For Ice Maker
Laundry:
Washer Hookup,Dryer Hookup
Basement:
Full,Finished,Walk-Out Access,Crawl Space
Flooring:
Carpet,Ceramic Tile,Laminate,Vinyl,Wood
A/C:
true, Central Air
Heating:
true, Central,Heat Pump,Propane
Fireplace:
Gas Log, Fireplace, Fireplaces: 1

Exterior

General:
Concrete Driveway,Gravel Driveway,TV Antenna, Outbuilding,Workshop
Style:
Cabin,Traditional
Other Structures:
Outbuilding,Workshop
Pool:
None
Parking:
Detached,Garage Door Opener,RV Access/Parking

Construction

Roofing:
Architectural,Metal,Shingle
Windows:
Double Pane Windows,Blinds
General:
Vinyl Siding, 2, Crawlspace,Slab

Location

Road/Access:
Highway
Originating MLS:
ARKMLS
School District:
Eureka Springs
County:
Carroll

Lot

Zoning:
N, PT SE SE, 001-09509-002
Fencing:
Chain Link,Front Yard

Utilities

Utilities:
Electricity Available,Propane,Phone Available,Septic Available,Water Available
Water:
Well
Sewer:
Septic Tank

Financial

Source:
ARKMLS

This listing courtesy of:
Keller Williams Market Pro Realty Bentonville West

About Eureka Springs, AR

Housing

Number of Units
5,950
Median Home Value
$188,711
Median Rent
$494

23.24% of housing units are renter occupied.

20.68% are vacant.

Commute

Car
79.60%
Public Transportation
0.00%
Walk to Work
2.61%
Work from Home
17.55%
Other
0.01%

The median travel time to work is 22 minutes.

People

Population
9,079
Median Age
57.40
Median Household Size
2.40

Education

High School
29.90%
Associate’s Degree
7.67%
Bachelor’s Degree
20.47%
Graduate Degree
10.00%

Disclaimer: Community and Demographic information uses data from the U.S. Census Bureau but is not endorsed or certified by the Census Bureau.

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