424 Highway 65 Business Highway, Clinton, AR 72031

parkingSpaces 20
|Other
THB ฿13,829,287
USD $401,000
Published on: 07 Mar 2024
Last updated on: 25 Nov 2024
424 Highway 65 Business Highway, Clinton, AR 72031
424 Highway 65 Business Highway, Clinton, AR 72031
424 Highway 65 Business Highway, Clinton, AR 72031
+24
424 Highway 65 Business Highway, Clinton, AR 72031
  • 24
Property ID: 110090505494
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Key property information

Land Size
2,023.43 m2
Parking Spaces
20

Ranch, Business, Bldg and Land - Clinton, AR

424 Highway 65 Business Highway, Clinton, AR 72031
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.

Property Details

Basic Info

Property Type
Other
Listing Status
Active
Parking Spaces
20
Land Size
2,023.43 m2
Building Size
558.35 m2
Year Built
1950
Architecture Style
Ranch
Num Floors
1
County
Van Buren
Parcel ID
1050050010020
Provider
Goodwin & Herman Associates
Subdivision
Clinton Original
Brokerage Office Name
Goodwin & Herman Associates
Brokerage Office Phone
(501) 884-4885
Address
424 Highway 65 Business Highway, Clinton, AR 72031

Nearby Schools

TypeSchool nameDistrict name
ElementaryNot availableNot available
HighNot availableNot available
JuniorhighNot availableNot available
MiddleNot availableNot available

Tax History

YearTax amount
2023USD $2291.72THB ฿79,035*

*Converted price in your currency provided by Open Exchange Rates. Exchange rates are subject to continuous change. Neither thinkofliving.com nor its affiliates guarantee that the conversion reflects current conversion rates and are not responsible for any inaccuracies. thinkofliving.com recommends that you independently verify any information before relying on it.

Contact Agent
Jeff Cornelius
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Email enquiry to Goodwin & Herman Associates Branch of Arkansas Mountain Real Estate

Jeff Cornelius
PO Box 1290, Fairfield Bay, AR 72088-1290
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      Property ID: 110090505494

      Data provided by Goodwin & Herman Associates, MLS #: 24007462
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