Other (see remarks)
111 Standridge Lane
Mount Ida , AR 71957
MLS#: 25034841
$320,000
Property
Beds
None
Full Baths
None
1/2 Baths
None
Year Built
1950
Sq.Footage
1,728
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
Features & Amenities
Interior
-
Total Bedrooms
N/A
-
Bathrooms
N/A
-
Pet friendly
N/A
Exterior
-
Garage
No
-
Pool
No
Area & Lot
-
Lot Size(acres)
0.35
-
Property Type
Commercial Sale
-
Property Sub Type
Business
-
Architectural Style
Other (see remarks)
Price
-
Sales Price
$320,000
-
Tax Amount
1058.97
-
Sq. Footage
1, 728
-
Price/SqFt
$185
HOA
-
Association
No
School District
-
Elementary School
N/A
-
Middle School
N/A
-
High School
N/A
Property Features
-
Stories
1
-
Sewer
Public Sewer
-
Water Source
Public
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Location
County
Montgomery
Elementary School
Middle School
High School
Listing Courtesy of Julia Brey , McGraw Realtors - HS
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Broker / Owner / REALTOR®
MikkiDennis
Call Mikki today to schedule a private showing.
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