Remarks

Don't miss this beautiful, turnkey 3-unit boutique hotel fully renovated in 2024 with brand-new foundation, plumbing, electrical, HVAC, and luxury finishes and so much more. Income-producing with excellent financial history. Only steps from boutique shops, flea markets, art galleries, restaurants, and festivals. Located in a growing community with shops, dining, and year-round tourism. Where guests come from all over the world to dig for quartz and diamonds. Mount Ida is the Quartz Capital of the World and just 10 minutes from Lake Ouachita. This hotel is a short drive to Crater of Diamonds State Park, and even closer to Hot Springs National Park. Mt Ida draws tourists with festivals and activities year-round. In 2024 visitor spending in Montgomery County was 66 Million Dollars (See Arkansas Tourism Economic Impact Statement). Immediate cash flow and long-term growth — owner is motivated for a quick sale. This collective is who renovated this building. The owner will be happy to provide additional details, budget reports, and transition support. This turnkey property is ideal for investors or anyone looking to be part of Mount Ida’s growing tourism and community

Details

MLS#: 25034841
Price: $320,000

Style: Business, Bldg and Land
Sq Ft: 1728
Year Built: 1950

County: Montgomery
Subdivision: Whittington
Lot Size: 106.25 X 23
Tax Fee: 1058.97