Homes for sale - 424 Highway 65 Business Highway, Clinton, AR 72031...

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Kevin Grooms

kevintgrooms@gmail.com +1(417) 280-6571

$ 401,000

Est. payment | -/mo

6,010 SqFt

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$ 401,000

Est. payment | -/mo

Save

6,010 SqFt

Key Details

Property Type Commercial

Sub Type Business, Bldg and Land

Listing Status Active

Purchase Type For Sale

Square Footage 6,010 sqft

Price per Sqft $66

Subdivision Clinton Original

MLS Listing ID 24007462

Style Ranch

Year Built 1950

Tax Year 2023

Lot Size 0.500 Acres

Acres 0.5

Property Description

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.

Location

State AR

County Van Buren

Area Clinton

Interior

Heating Window Units

Flooring Wall-to-Wall Carpet

Exterior

Exterior Feature Pole Sign

Parking Features 11 - 25 Spaces

Garage Spaces 20.0

Utilities Available Sewer-Public, Water-Public, Electric-Co-op, Gas-Natural, Community Sewer

Roof Type Composition,Metal

Building

Lot Description Level

Foundation Slab

New Construction No

Listed by Goodwin & Herman Associates Branch of Arkansas Mountain Real Estate • Jeff Cornelius

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(417) 280-6571

kevintgrooms@gmail.com

PO BOX 92, Thayer, Missouri, 65791, USA

424 Highway 65 Business Highway Clinton, AR 72031