Turnkey invest property currently yielding a 5.3% Cap with the potential of 6.9% Cap Rate due to increased bookings this year. Welcome to LOCAL AT COLER, a successful short-term rental community. This 6 units INTENTIONAL COMMUNITY has amazing outdoor spaces for large gatherings and a private Speakeasy/communal area. Local at Coler is located off NW 3rd Street on the connector street from downtown Bentonville to the Coler Trail head. You are a 6 minute bike ride from the square, 4 minute ride to Coler Mountain Bike Preserve and a 12 minute ride to Slaughter Pen. There are several places to eat with-in walking distance. The building was completely renovated in 2023 with new windows, mechanicals, flooring, appliances and more. Outback you will love the silo bar/grilling area with large firepit nestled in the hillside and trees. There is a wet weather creek and several secluded spots to enjoy mother nature while still being right in the middle of town. Ask for revenue worksheet attached in MLS.
304 J (MLS #1266742) is a contemporary apartments listing located in Bentonville, AR.
This apartments listing is 5,404 sqft and on a lot of 14,375 sqft (or 0.33 acres) and is 44 years old. This property was listed on 02/12/2024 and has been priced for sale at $1,650,000.
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Listing information courtesy of: Better Homes and Gardens Real Estate Journey Bento
