205 Pinehurst Point, Bull Shoals, AR 72619
sale
$389,000
|
Other
Courtesy Of Peglar Real Estate Group
Income-producing resort opportunity located on a scenic peninsula near Bull Shoals Lake, offering 13 guest rooms (8 equipped with kitchens), and another 2 bedroom room that could be rented, and each room has either pool views, lake views, or both. The property features over 1,200 square feet of private manager s quarters, and a large 18x30 in-ground chlorine pool perfect for hot summer days. There is also a large garage that borders Corp of Engineers land with a great lake view across the road from the resort! This well-established destination attracts anglers, motorcycle clubs, and large family groups, with ample on-site parking. Included is a leased boat slip at Bull Shoals Lake Boat Dock, just up the road. Conveniently close to the White River, Harp s Grocery Store, restaurants like Bush s Pizza, Connie s Cafe and the 178 Club, 1.5 miles from Brown s Beach, and under 10 minutes to the world-renowned White River. CAP RATE AVERAGE OF 15.4% OVER LAST 36 MONTHS!
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Property Features
- Age: Over 50 Years Old
- Architecture Style: Other
- Cooling System: Window Unit(s)
- Cooling System: Electric
- Cooling System: Central Air
- Cooling System: Wall/Window Unit(s)
- Exterior Type: Wood Siding
- Heating System: Electric (Heating)
- Heating System: Central
- Heating System: Propane (Heating)
- Heating System: Wall Furnace
- MLSID: 133358
- Roof Type: Shingle
- Rooms: Bathroom 1
- View Type: Lake
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