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$ 320,000
Est. payment /mo
Active
111 Standridge Lane Mount Ida, AR 71957
1,728 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Business, Bldg and Land
Listing Status Active
Purchase Type For Sale
Square Footage 1,728 sqft
Price per Sqft $185
Subdivision Whittington
MLS Listing ID 25034841
Style Other (see remarks)
Year Built 1950
Tax Year 2023
Lot Size 0.350 Acres
Acres 0.35
Property Sub-Type Business, Bldg and Land
Property Description
Don't miss this beautiful, turnkey 3-unit boutique hotel fully renovated in 2024 with brand-new foundation, plumbing, electrical, HVAC, and luxury finishes and so much more. Income-producing with excellent financial history. Only steps from boutique shops, flea markets, art galleries, restaurants, and festivals. Located in a growing community with shops, dining, and year-round tourism. Where guests come from all over the world to dig for quartz and diamonds. Mount Ida is the Quartz Capital of the World and just 10 minutes from Lake Ouachita. This hotel is a short drive to Crater of Diamonds State Park, and even closer to Hot Springs National Park. Mt Ida draws tourists with festivals and activities year-round. In 2024 visitor spending in Montgomery County was 66 Million Dollars (See Arkansas Tourism Economic Impact Statement). Immediate cash flow and long-term growth — owner is motivated for a quick sale. This collective is who renovated this building. The owner will be happy to provide additional details, budget reports, and transition support. This turnkey property is ideal for investors or anyone looking to be part of Mount Ida's growing tourism and community
Location
State AR
County Montgomery
Area Mount Ida
Exterior
Garage Spaces 3.0
Utilities Available Electric-Independent, Sewer-Public, Water-Public
Building
New Construction No
Listed by McGraw Realtors - HS • Julia A Brey
