For Sale
$401,0000.5 Acres
For Sale
6,010 sq ft

424 Highway 65 Business Highway, Clinton, AR 72031 - Van Buren County

Commercial
Static Google Map
Property ID 19669463

Ranch, Business, Bldg and Land - Clinton, AR

This area has a high demand for longterm rental units, both weekly and monthly. So there are great business opportunities. A visionary owner can add various income streams to the business. The location is central and in historic downtown Clinton. The opportunities are endless for those with a growth mindset and ambition. Buying an existing motel business always makes more sense than starting one from scratch, regardless of the economy. With the right experience, financial resources, and marketing strategy in place, you'll be counting dollar signs instead of sheep. 17 rooms (9 with 2 beds) (6 with 1 bed) (2 two room suites) 1 bedroom, living room, bathroom & kitchen, suitable for Owner/Manager. There are 18 parking spaces. Most of the 2 bed units are 20' x 14'. The 1 bed units are 16' x 10'. One unit with 2 beds is 16 x 16. 2 units with 2 beds are approximately 14' x 12'. At current room rates with 50% occupancy, the projected gross income is over $190,000. There are 18 parking spaces, and additional space for trailers. The current need for long term rental property in the area could make this a good location to convert to residential units.

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Location

J

Jeff Cornelius

Goodwin & Herman Associates Branch of Arkansas Mountain Real Estate
(501) 316-8268

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Jeff Cornelius

Goodwin & Herman Associates Branch of Arkansas Mountain Real Estate