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Hotel for sale in Arkansas

Region or Location
Garfield, Arkansas
Sale Details
Asking Price 2895000 US dollars
Seller prefers enquiries in the following languages... English
Reference USCT607
Description By The Vendor
Whitney Mountain Lodge is for sale with over 60 acres of lake view land. This small hotel and banquet facility is located in one of the best economic areas in the country. The Lodge is the most spectacular outdoor wedding venue in the region.

I am a lifelong real estate investor who bought this dream location knowing it is the most spectacular lake view in 700 miles in any direction. The hotel overlooks beautiful Beaver Lake with 420 miles of shoreline. Property is the highest geographic point in Northwest Arkansas and sits 700 feet above the lake. These views are without comparison in the entire central United States.

Located within 20 miles are the home offices of Wal-Mart, Tyson Foods, JB Hunt, as well as the thousands of vendors who service accounts with those companies.

The building is approximately 26,000 square feet made up of

16 hotel rooms, (ten with very large lake view balconies)
attractive bar,
full commercial kitchen facilities,
large restaurant and banquet facilities with 300 indoor capacity,
second service bar area for banquets,
laundry and dry storage facilities and a lot of storage for the hotel,
1,000 square foot managers apartment with 1 1/2 baths and walkin closet,
4 offices and gift shop,
Vending/ice room for hotel guests,
client list and website to convey...

There are literally dozens of homesites where one could build a dream home with exceptional views. Come see the property, and I will share a decade of ideas. You will not be disappointed.

The property has tremendous potential for development as it is serviced by municipal water and sewer - a rare find. We own enough property toward the view that no one else can obstruct these beautiful vistas. The property, at present has just been re-opened and is operated like a bed and breakfast with various options available for banquet space/retreats/special events.

Some of the decks are large enough (13x 27) for small intimate weddings overlooking the beautiful and enormous lake 700 feet below. Words, and even pictures, truly do not describe this propertys beauty.

I bought the property for the love of it and have completely rebuilt the building (originally built in 1972.)The first phase of remodeling (restaurant/banquet areas)was completed in 2004 and the final phase was just completed this year. Through this process I have realized that at retirement age, I am not the one to see this property brought to its full potential. This is a once in a lifetime opportunity. If you doubt the indescribable magnificence of this view, I highly recommend you come and look. Many owners feel their property is special and unique. This one, however, truly is one of a kind and deserves an operator who can see it forward to its full potential.
Guest Facilities On Site
Restaurant  Bar  Cable Television  Garden  Air conditioning  Onsite mini-shop
Attractions For Guests In The Local Area
Mountains  Forests  Lakes  City Attractions  Cultural interests  Area Of Natural Beauty  Tranquility  Rivers
Activities For Guests In The Local Area
Scuba diving  Sailing windsurfing  Water skiing  Walking  Cycling  Mountain biking  Wellness  Restaurants
Owner Facilities On Site
Owners accomodation  Off street parking

Last updated   12 Aug 2010

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