201 E Main, Heber Springs, AR 72543

Welcome to The Cartwright Inn! This is a prime 15-unit residential studio apartment complex and commercial space. A local award-winning Mexican restaurant occupies the commercial space, providing steady rental income. The property holds its own liquor license, generating an additional $84,000 in alcohol sales revenue in 2024. With the inclusion of alcohol sales, there is an opportunity to significantly boost overall income. All 15 units, commercial space and lounge completely renovated in 2023. All units have been outfitted with Schlage locks (controlled by app). All units are 1 bed 1 bath. There are 7 upstairs smaller units, 8 exterior first floor units, a large lounge area. Amenities include on-site laundry, parking, rooms are furnished and upstairs units have a shared kitchenette. Part of the Heber Springs Commercial Historic District, this area encompasses the early commercial heart of Heber Springs, featuring a diversity of commercial architecture from the late 19th and early 20th centuries.