World-Class River Resort
This thriving and profitable Resort and RV Operation on the banks of the beautiful White River is for sale in its entirety. All real estate, book of business, and personal proerty are included. Based on the sale price of $6,000,000 the cap rate approaches 9%. There is much upside potential through additional advertising and expansion on undeveloped parts of the property. A convention center/event center would do well in this destination type resort.
GREAT HISTORY OF PROFIT--PROPERTY FEATURES:
4-STAR RESTAURANT
12-UNIT MOTEL AND 12 NEW RENTAL CABINS
16 ADDITIONAL RENTAL CABINS
110 RV SPACES
6 RENTAL RVS
THRIVING GUIDE BUSINESS
2 RETAIL SHOPS
NOI-$544,000 IN 2018!
$60,000 IN MEMBERSHIP DUES COLLECTED IN FEBUARY AND MARCH
OFFERED IN COOPERATION WITH CASSIE WELLS, CCIM OF KELLER WILLIAMS COMMERCIAL REALTY
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Property located at the interscetion of AR-5, Hwy 9, and Hwy 14 in Allison, AR. Located just outside of historic Mountain View, AR