MBO Brokers are experienced, professionally trained licensed real estate agents. We are dedicated to understanding and handling the special requirements and needs of both buyer and seller. MBO is not a franchise - You will be working with a Principal, not an employee. Kris Muradian, President and Principal Broker received his real estate license in 1973, achieving the Million Dollar Sales Award for both residential and commercial transactions for multiple years. In 1978, he received his Real Estate Broker's License and founded Muradian Business Opportunities (one of the oldest and most successful firms in Arkansas). Kris has personally been involved in the sale of hundreds of Arkansas businesses.
Offering Price: $2,200,000 Fee Interest Location: Highway/Interstate Number of Rooms: 100 Property Description: Opportunity to Convert Half the Rooms to Super 8, and Keep Half as Motel 6. Or Possibility to Re-Brand as Quality Inn or Other Flag. Big Potential to Increase Occupancy and ADR with Renovations, Branding and Marketing. Multiple Revenue Streams Bolster Net Income. Includes RV Park, Leased Restaurant, and Leased Land. Perfect for First Time Owner! Includes Owners Apartment. Located between Little Rock, AR and Memphis, TN, Off Interstate 40. Offered in Co-Operation with Merrell Associates Inc. a licensed Arkansas Real Estate Broker. Type of Service: Limited-Service Source of Business: Leisure, Transient Common Area Amenities: Leased Restaurant Site Size +/-: 10.0 acres; 0 sq.ft. Year Built: 1978 Number of Buildings: 3 Number of Stories: 2 Interior/Exterior Corridor: Exterior For 12 mos. ending: 2016, Projected Avg. Occupancy: 46.0% Avg. Daily Rate: $47.00 Room Revenue: $789,000 Total Revenue: $908,000 Net Operating Income: $351,000 Per Unit Price: $22,000 Room Revenue Multiplier: 2.8 Room Revenue per Room: $9,081 Direct Capitalization Rate: 16.0 RevPar: $22 Property Financing: All Cash, Will consider a 1031 Exchange
Offering Price: $4,400,000 Fee Interest Location: Suburban Number of Rooms: 52 Property Description: This Highly Profitable, 52 room, Comfort Inn is located in Arkansas just outside a Major Metro Center. The hotel is only 7 years old, much newer than its entire comp set! Recently updated! The seller says minimal buyer PIP expected! 2014 and 2015 room revenue is about $1.4 Million! 2014 adjusted net income was $744,314. Out performing the comp set in occupancy, ADR, and RevPAR. Offered at 16.9% cap rate and 52.3% cash on cash return. This hotel is highly profitable and offers a fast return on investment. Offered in cooperation with Moon Realty LLC. licensed broker in Arkansas. Type of Service: Limited-Service Market Segment: Mid-Market Source of Business: Commercial, Leisure, Transient Common Area Amenities: Outdoor Pool,Exercise Room,Breakfast Area,High Speed Internet,Business Center Site Size +/-: 1.1 acres; 0 sq.ft. Year Built: 2008 Number of Buildings: 1 Number of Stories: 3 Interior/Exterior Corridor: Interior Last Year Renovated: 2014 For 12 mos. ending: 2014, Actual Avg. Occupancy: 82.1% Avg. Daily Rate: $89.55 Room Revenue: $1,410,980 Total Revenue: $1,418,230 Net Operating Income: $744,318 Per Unit Price: $84,615 Room Revenue Multiplier: 3.1 Room Revenue per Room: $27,134 Direct Capitalization Rate: 16.9 RevPar: $74 Property Financing: All Cash, Will consider a 1031 Exchange6
Eureka Springs, AR
For sale is a excellent established motel which has been remodeled and updated continuously in the last several years. It is currently owned and operated by a Swiss couple. The owner is also the listing agent, licensed and registered by Coldwell Banker. The motel has 16 units, all of them have hardwood or vinyl floors, no large carpets, only small accent rugs. The building has been recently completely insulated with a new Vinyl siding. All windows have been replaced and everything is in excellent working order. Right on the main Highway going through the city, but far off to avoid heavy traffic noise. All attractions are in short distance to the property. The motel has been operated in the past 3 years for about 9 months from Mid February to Mid November and has generated a great income. Eureka Springs is a tourist destination for more than a century and has a steady flow of tourists over the years, which will generate a good source of income for a future owner of this wonderful motel.
Eureka Springs, AR
This hotel is located in Eureka Springs, AR. This hotel has a restaurant, bar, and a heated pool making it one of the few hotels in town where you can get everything you need in one location. The sellers have owned it for a short period of time and out of town circumstances require the business to be priced for a quick sale. Make a negative a positive for you! The real estate is assessed for $893,000 and the sellers have spent $200,000 renovating the business. A business like this requires attention that the current owner just can’t give it. The hotel has everything in place including a great tourist town with lots of year round visitors. Contact Scott today for more information at firstname.lastname@example.org or 501-681-0741. Buyers will be required to complete a confidentiality agreement and buyer profile.6
River Ridge Inn began as a B&B located on the banks of the North Fork River. The main activity is world class trout fishing, but many of our guests just wanted to relax in an ultra clean, upscale and friendly evironment. Two cottages were built on the 8 acres in 2001. This was in conjunction with finishing the downstairs of the Lodge which provide 5,000 sq ft, 6 bedrooms and 6 baths. The cottages provided and additional 3 bedrooms and 6 beds and were in high demand. The owners lived in the upper half of the B&B for 3 years until they seized the opportunity to purchase the adjacent property and a 5,000 sq ft home. That increased the acreage to 10.5 acres (all zoned commercial) and gave room for another unit and some beautiful gardens. In 2004-5, two Chalet style units were built with dishwashers, local cedar staircases, and a full bath with each bedroom. The Inn grew to 14 bedrooms and 14 baths and outgrew the B&B concept. Two suites in the residence home were used as room rentals under another B&B business, River's Edge. The residence can be purchased separately for $795000. Amenities were added to the "Country Inn". A hottub gazebo, hot sauna and change room, pavilion, guest laundry, large exercise area, wader storage with change area, ice machine and private dock were all added. The maintenance buildings and facilities were increased to include a garden tool storage shed, storage shed for gas and implements, greenhouse, a two car garage with storage and shop area, the main shop in a two car garage attached to the Lodge, and a storage, woodworking and painting shop in the basement of one of the Chalets. All units have large decks (6) with with views of the river and gardens. The roads are all chip and seal and only require minor maintenance. The yard was transformed from an overgrown thicket to a manicured, near golf course quality, lawn with an orchard, and 12 flower/shrub/tree gardens. The drives are lined with magnificant crepe myrtles. All the property is fenced with double rail vinyl fencing. The 2.0 acre lot that will be used for future expansion is also fenced. This lot can be purchased separately for $150,000. Sounds like a lot to take on? It is not. It nearly runs itself, giving you time to act like a guest.....relax, have fun talking to other guests, wade off the mile of river frontage, fish for that record Brown Trout, or go to one of the nearby lakes for bass, walley, striper, hybred and a variety of other fish. Then there is hunting. Many hunters use the nearby Ozark National Forrest for hunting deer and bear. The rivers and lakes hold flocks of ducks and geese, and, you can even hunt for pheasant and quail at nearby ranches. Wild hogs all over the country side and have no season and no limit. A large herd of elk have been prospering on the Buffalo River, and are hunted by permit only. Golf? Mountain Home has a 5 Star Country Club open to the public, and one other public course in town. Outdoor Life magazine ranked this area number 1 in sport related communities. As for Norfork, it is a sleepy laid back community that is known for its excellent shools and its volunteer work. The rivers and lakes are the lifeblood of Norfork. There is no real competition here, those that have other B&Bs, Resorts, guide services share in trying to accomplish one thing. We want the guests that come to Norfork to have a most memorable visit in hopes that they will return. We must be doing something right. Our repeat customer rate is over 75%. Of the other 25%, 15 -25% is new business. Yes, our growth rate is 15 to 25%. 2013 it was over 30%. We do very little advertising. Most of our business comes from our reputation via word of mouth. Our fishing instructors and guides are insstrumental in creating the new business. We have a fly fishing school established. It is for our guides to use as they will. There is also a Home Owners Association recorded if you chose to go that r
Mountain Home, AR
World Class Resort / Winery / Day Spa & Wedding Event Complex with commanding views of Beautiful Lake Norfork Arkansas. 80 rooms all with lake views and rear entrance to amazing atrium covering large Indoor Pool, Jacuzzi, Sauna, Fitness area and entertainment areas. Seller Financing available 6 % interest offered for 5 years. Email today for additional information and photos. $ 500,000 tax credit available with winery operation partnership.
This boutique hotel and full-service restaurant offer a rare chance to own what has become a regional destination throughout the mid-South. Renowned for its architectural significance, prestigious status on the National Register of Historic Places, luxury accommodations and five-star cuisine, the Inn at the Mill and James at the Mill offer the seasoned hotelier or hospitality investment group a truly unique acquisition opportunity. Established in 1992 and nestled in the foothills of the Ozark Mountains, this award-winning small luxury hotel and fine dining restaurant combine city sophistication with a tranquil setting of rustic beauty. Prized as a haven by both business and leisure travelers alike, the Inn pulls professional clientele from across the country during the week and regional vacationers on weekends. Both the hotel and restaurant are distinguished by a loyal staff that is dedicated to offering guests an experience of comfortable elegance with genuine southern hospitality. One of the great draws of the Inn at the Mill is the dining experience at James at the Mill. Regionally inspired cuisine has garnered the restaurant one of only two five-star ratings in the state of Arkansas. Accolades include Wine Spectator Award of Excellence 14 years in a row, AAA Four Diamond rating, Fine Dining Hall of Fame designation by Nation's Restaurant News and numerous regional and national awards and recognition. Whether it is a fine culinary experience, a romantic getaway, a corporate gathering or a relaxing overnight retreat, the Inn at the Mill offers guests an unparalleled experience of classic luxury amidst gentle country charm.
Eureka Springs, AR
Rare opportunity to own an established franchise at less than 3x gross. Owners must retire due to declining health. 2 very large manager's quarters located just off the main lobby. Many repeat guests every year. Buy now to take advantage of the busy summer travel months.
Hot Springs, AR
Historic Hotel located in the Famous Bath House Row district of Hot Springs Arkansas. Appraised Value 2011 $ 13 Million Dollars. World class spa featuring Hot Springs water piped into building. Only two hotels have this famous water and The Springs Hotel is one of them. Over size parking with convention services. Restaurant / Bar with seating for over 200. Outdoor pool with outdoor entertainment area for parties.
Located along Beautiful Lake Norfork this 80 room resort is offered for sale with seller financing. Restaurant / Bar / Convention Facility. Large Atrium covers indoor pool, spa and sauna. Rooms enter from both front of building and pool atrium building. Very good condition and amazing views. New for 2015 contracts are in place to adjust the existing business model to include new Winery Operation, new Day Spa, Outdoor Concert , Wedding and Event Services. $ 500,000 tax credit available with winery partnership.
Mountain Home, AR
3 nice four-plexes - 12 units total- in great condition currently with 100% occupancy and renting for $425/month ($61,200/year). Many occupants are long term tenants. Last years' tax was only $2,453.02. Do the math and see that this can make you money.
1982 Built , !03 Room Hotel For Sale in Arkansas . 2.5 Hours Drive East of Dallas , Tx on the Border of Texas and Arkansas $550,000 a year Revenues NET Income a year , according to Seller numbers , After Paying ALL Expenses and Bank Mortgage is $ 150,000 a year !!! Asking Price : $ 1.6 Million Email us for more details Shehzad Ziauddin Agent Beam Real Estate LLC Email : email@example.com 469-583-2390
$200,000 annual income in 2014 by a out of town owner with local manager. Income can be expanded with hands on by living near by. This property is priced right and can be a great investment in Eureka Springs, Arkansas.
Located in north central Arkansas in the rural town of Salem, close to the Missouri line. On busy highway 62. 35 miles east of Mountain Home in the beautiful Ozarks near lake Norfork. The Southfork River is just two miles from our door. Great hunting and fishing. We love living here, and you would too! Great school system.
Eureka Springs, AR
Quintessential Eureka Springs.SO MANY OPTIONS. In heart of Historic District with PARKING. 3 levels-RETAIL/OFFICE+ one SUITE on main level. Two more JACUZZI SUITES 2nd level-2BR/1BA living qtrs. on upper level. TURN KEY BED/BREAKFAST. Easy access from parking area above. Each suite has a private entrance, and access to porches. Walk to shops, restaurants. Wonderful stone walls, pretty courtyard and garden. Three parking. spaces for suites, with more land and parking. area for overflow. Includes storage building w/loft. Sale includes furnishings in the suites. At this price, no financials available--Seller not operating full time and does not currently live full time on premises.
Hot Springs, AR
Take the stunning views of a lake nestled in the mountains. Surround the Inn with landscapes that mirror the beauty and serenity of the lakeside setting and you will find this Hot Springs, Arkansas lakefront inn and near perfection! Guest rooms and suites in the main building have lake views. Many luxury features include patios or balconies, fireplaces, whirlpool tubs, flat screen TV’s, luxury linens and bath amenities. The décor features a mix of traditional and contemporary furnishings with colorful accents and artwork. Rich wood floors are accented by touches of the craftsman era and are continued throughout this Arkansas Lakefront Inn for sale. Guests enter the inn through the double craftsmen doors and are welcomed in a two story foyer with a wide impressive stairway. The living room features plush couches and fine art with a library of books and games. A well stocked gift shop, lounge, and sunny dining room complete the guest’s indoor gathering areas. The landscaped grounds are a signature highlight of this Arkansas lakefront inn for sale. Stonework, water features, winding paths spotted with birdhouses, a meditation labyrinth and waterfront trail. Guests may wander for hours or pause and relax in a hammock, rocker or canoe. The Arkansas Lakefront Inn also offers one boat dock with two slips for guests’ use. The well maintained grounds and Inn are also popular for weddings and other celebratory events. Inside or out, the Arkansas Lakefront Inn spells romance, tranquility and luxury. A place where memories are made and guests return for more.
Sherwood Court is a quaint nostalgic beautifully restored motor court, one of the first and last to exist in Eureka Springs, Arkansas. It offers old-fashioned charm, reminiscent of quieter times. We have a great location being only a 10 minute walk to historic downtown Eureka Springs and a block and a half from the Convention Center. It sits on 4 city blocks, has 7 unique cottages and 4 motel rooms. Each cottage is different, one with a kitchenette, one with an additional bedroom, 2 romantic honeymoon suites with Jacuzzi tubs, 2 have their own private patios with fire pits. All rooms have mini fridges, microwaves, coffee pots, hair dryer, irons and ironing boards. There are several picnic areas on the property and 2 BBQ grills. All of the rooms have been non-smoking rooms and pet free. They are extremely clean with all newer linens. This property has been beautifully maintained with new roofs, fresh paint and stain. New tile and carpet in the motel rooms and some of the cottages. Newer vinyl windows in the cottages. The flower gardens are well established with lots of perennials. Quaint flower boxes on the cottages. The owners quarters has been remodeled and is beautiful with walnut wood floors, carpet and tile. 2 bedrooms on main level with a large soaking tub/shower combo and an additional 3rd bedroom downstairs with it's own bathroom. Large private deck, fenced yard and a shop (man cave)
Stone County, AR
Buy this Turn-Key B & B for the cost of the Real Estate and a portion of the assets! This long-standing community favorite Bed & Breakfast has been in the same location and under the same ownership since 1994. The current owner and her husband built the place in 1994 – both living and operating the facility while carrying on other duties over the years. This business offers full service Bed & Breakfast amenities, currently operating ten (10) spacious bedrooms each with its own bathroom and TV set - though currently only serving breakfast due to the current owner’s declining health. Large central gathering spaces, along with huge balconies provide a friendly and home-like atmosphere. In 2001 the current owner was forced to hire somebody to run the business until she was able to retire in 2008. Over the last 7 years she has run the business by herself, despite major surgeries. Though the business has not produced a positive cash flow, it remains a viable and operating business. This opportunity is a turn-key Bed & Breakfast business, complete with 22 years of name recognition & history, a beautifully built and maintained 4488 square foot house with a carport AND a two-car garage, living quarters, loyal customers & GROWTH POTENTIAL, for only the price of the appraised real estate and a portion of the assets. The business & all of its assets comes with the purchase of the house and real estate at appraised value + a small portion of the asset & equipment value.
30 unit Motel, indoor pool with water slide (3,018 sq. ft. building), storage building, and a small residential 1 bedroom 1 bath home. Seller will provide financials to SERIOUS BUYERS ONLY. Gross between $250,000 - $500,000+. High traffic tourist town. Close to the town square and nearby both the Diamond Mine & Lake Greeson.
Lake Norfork Resort and an additional 38 site RV Park is in progress and needs to be completed for another excellent revenue stream on 79 acres m/l adjoining the Corps of Engineers land for a quarter of a mile in the Ozark Mountains of Arkansas., This hospitality enterprise consists of 3 – 2 bedroom chalets, 1 – 1 bedroom chalet, 2 – 2 bedroom suites and 2 – 1 bedroom suites, all are kitchenettes. A 6 bedroom 3 bath house can be used as a high dollar rental for families and reunions or as an Owner’s home. Pavilion with an outside kitchen. This property is located just a few minutes away from unspoiled Lake Norfork with marinas, docks, boat launching, fabulous fishing and hours and hours of Lake fun just around the corner. The RV park has been designed for annual RV space rentals with 50/30/20 amp electric service with water and septic hook-ups at each site all nestled among the trees. Walking trails and acres and acres of room for expansion. Add a restaurant, store or anything else that strikes your fancy. Superb business opportunity. A quick closing is possible so you can enjoy your share of the area’s 1.2 million annual visitors to this tourist destination. Listed for $850,000 but Seller will look at all legitimate offers.
Start making money today! Imagine owning a thriving business in the heart of the beautiful Ozark Mountains. Eureka Springs, AR is the wedding and event capital of the Ozarks. Located on busy Hwy 62. 50 guest rooms on 11.4 acres, pool, plenty of parking (60 spaces), new roof in 2013. Nice, clean property and living quarters. Many updates to this premier property.
Great cash flowing business in the heart of historic downtown Eureka Springs, AR. Very ornately designed and well-maintained. Best location in Eureka, with 9 on-site parking spaces. Imagine enjoying this charming town while inviting guests to stay in one of the 7 historic suites. Great history and steady income, with revenues exceeding $100K!
Open and cash flowing motel business on busy Hwy 62 in Berryville, AR. Located next to the Berryville Country Club, the motel has a good income and profit history! Great location, AAA approved. 3-bed living quarters on property, with room to add to motel or create RV spaces.
Mountain Home, AR
A functioning motel with a long track record located on .9 acres m/l in a high traffic area in Mountain Home on City water/sewer. If all units are rented the annual income would be $104,000 or $8,660/month but even a fraction of that wound be a fantastic income with respect to the asking price.
Franklin County, AR
This is a very nice B&B that is located near downtown Ozark, AR, with a wonderful view of the Arkansas River. It has been exquisitely decorated and features five beautiful rooms for guests with discerning tastes, as well as a library, activities room, and very nice great room with pool table and other amenities. Can also be purchased as a home, with 6500 sq. ft. and fully furnished.
Little Rock, AR
This is not the usual hotel business but an investment opportunity in a hotel facility that is used by patients, doctors and nurses of the largest hospital in Arkansas. High occupancy is guaranteed year-round. $5.4 million appraised value---a rare opportunity to own a hospitality business with a guaranteed supply of guests consisting of patients and families in town for treatment at the hospital plus doctors and nurses as well as regular travelers. Right accross the street from famous War Memorial Stadium which provides sold out weekends. UAMS is the #1 facility in the world for treatment of multiple myleoma, a rare type of camcer and receives referrals from such famous hospitals as Johns Hopkins and M.D. Anderson. Treatment can last for 4-5 weeks with patients returning after 3 months for a repeat treatment. This is a rare opportunity to take over a sensational business with great profit, plus the opportunity for immediate rate increases plus there is an assumable mortgage in place also another bank seeking the owner's switching the loan to the new bank. For a detailed write up, financials, pictures and website info please contact Jack Crosby, Muradian Business Brokers at 501/620-3831 or firstname.lastname@example.org. I will respond promptly.
Little Rock, AR
73 unit motel specializing in accommodation's for medical patients at nearby hospital. Frequent long term renters.
This hotel is located less than a mile from a major University. It has a restaurant, 4,000 sq. ft. lounge, indoor pool, hot tub, exercise room, sauna and atrium bar area. This hotel appraised in 2010 for $4.99 million. Needs about $900K in renovation to put this property in first class shape. The property sets on 7.050 acres +/- of hand at the intersection of a major interstate and U.S. Hwy. There are in excess of 190 rooms to be rented. It is the largest hotel in the area.
Mountain Home, AR
22 Unit motel known as Mountain Home Motel. Long established and profitable. Also has 2 one bedroom apartments that rent for $225-$250 per week. Manager's apartment and laundry area. Manager on premises. Expenses average from $1300 to $1600 per month. Manager gets free apartment with utilities included plus ~ $100/week cash.
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