Heartstone Inn in Eureka Springs
Eureka Springs, AR
Offered for sale at $2,125,000
This is a large and well-known bed and breakfast in an ideal tourist location. The B&B has an outstanding reputation and cash flows over $200k with only 9 months of operation. The interior is modern and the kitchen was recently remodeled. All furniture conveys, this is completely turn-key. The grounds are impeccable with several distinct features. The property also contains private parking, enough to accommodate all guests. There is also a generous space that is private living quarters with separate parking.
The current owners have loved and managed this B&B for 27 years. They also live on site so they have maintained it like their own home. You won't find a better looking one.
The current owners operate only 9 months a year giving themselves a 3 month hiatus. The property could be operated more. The current owners also do not do any private events but there is ample space to add that to the business.
Property Details- 11 Guest Rooms
- 11 Guest Room Baths
- Has Owner's Quarters
- Building is 8,500 SQFT
- Photo Gallery
Financial Details- Offered for sale at $2,125,000
- Occupancy Rate: 75%
- Annual revenue is $440,000
- Terms: $202000 Net Cash Flow
- Prequalify for Financing
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