USAARMount IdaWhittington Add111 Standridge Ln

3 - 111 Standridge Ln, Home with 0 bedrooms, 0 bathrooms and null parking in Mount Ida AR | Image 1

$320,000

3 - 111 Standridge Ln, Mount Ida, AR

Name: 3 - 111 Standridge Ln, For Sale in Mount Ida - eXp Commercial Brokerage
Brand: McGraw Realtors
SKU: 152327
Price: 320000 CAD

Real Estate

For Sale

$--,---,---

000

Key Facts
Description
Map

Key Facts

Type Business, Bldg and Land

Levels Commercial Sale

Size 1728 sqft

Garage No

Maintenance Fees

Taxes $1,059

Days Active 17

Approx. Age 1950

Avg. Price Per Sqft $185

MLS® Number 152327

Property Address:

Average square foot calculated using Size range provided by listing agent.

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 now with excellent financial history. Located steps from boutique shops, flea markets, art galleries, restaurants, festivals, live bluegrass music, and a local theater. Located in a growing, revitalizing downtown with shops, dining, and year-round tourism, in the heart of an outdoor and adventure mecca. Guests come from all over the world come to dig for quartz and diamonds — Mount Ida is the Quartz Capital of the World where you can enjoy world-renowned mountain biking, hiking, fishing, boating, kayaking, and 10 minutes from Lake Ouachita. Nearby is the Caddo River Festival and Glenwood with river float activities and a newly active Main Street Program, as well as a recreationally rich Mena Arkansas. This hotel is a short drive to Crater of Diamonds State Park, and even closer to Hot Springs National Park. The city has Festivals, fairs, rodeos, and live music on the historic courthouse lawn and being nearest to the crystal mines, drawing visitors year-round. Actively revitalizing downtown in this growing area that creates even more tourism. 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 motivated for a quick, smooth sale to focus on revitalizing buildings downtown and community collective. 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 sceneShow Description

MLS® Number152327

Locker

Ensuite LaundryNo

Balcony

Furnished

Laundry Level

Exposure

Exterior

GarageNo

Approx. Age1950

Stories

Pets

Corp Number

Included in Maintenance Fee

Heat

Hydro

Water

Building Insurance

Condo Taxes

Cable TV

Central Air

Parking Maintenance

Utilities

Heat

A/C

Heating Fuel

Extras

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