304 NW J Street Bentonville, AR 72712
Listing Courtesy of: NORTHWEST ARKANSAS / Better Homes And Gardens Real Estate Journey Bento - Contact:  479-319-3737

  304 NW J Street Bentonville, AR 72712

Active
$1,650,000

Description

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.

MLS #:
1266742
Taxes
$3,404
Lot Size
0.33 acres
Type
Single-Family Home
Year Built
1980
Style
Contemporary
School District
Bentonville
County
Benton County
Community
Fairview Heights Add Bentonville

Listed By

Mayer Team, Better Homes And Gardens Real Estate Journey, Contact: 479-319-3737
Source
NORTHWEST ARKANSAS
Last checked Oct 7 2024 at 1:55 AM GMT+0000
Bathroom Details
Interior Features
  • Dishwasher
  • Refrigerator
  • Electric Range
  • Gas Water Heater
  • See Remarks
  • Windows: Double Pane Windows
  • Wine Cellar
Subdivision
  • Fairview Heights Add Bentonville
Lot Information
  • Views
  • City Lot
Property Features
  • Fireplace: Outside
  • Fireplace: 1
  • Foundation: Slab
  • Foundation: Block
Heating and Cooling
  • Central
  • Electric
  • Heat Pump
  • Central Air
Basement Information
  • Finished
Flooring
  • Luxury Vinyl Plank
Exterior Features
  • Roof: Shingle
  • Roof: Asphalt
Parking
  • Parking Lot
Stories
  • 2
Living Area
  • 5,404 sqft
Additional Information: Journey | 479-319-3737
Location
   
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Listing Price History

Date
Event
Price
% Change
$ (+/-)
Sep 25, 2024
Price Changed
$1,650,000
-1%
-25,000
Jul 31, 2024
Price Changed
$1,675,000
-1%
-20,000
May 13, 2024
Price Changed
$1,695,000
-5%
-90,000
May 02, 2024
Price Changed
$1,785,000
-2%
-40,000
Apr 15, 2024
Price Changed
$1,825,000
-1%
-25,000
Apr 01, 2024
Price Changed
$1,850,000
-3%
-50,000
Mar 11, 2024
Price Changed
$1,900,000
-5%
-100,000
Feb 12, 2024
Original Price
$2,000,000
-
-
Disclaimer: The information being provided by NABOR is for the consumer’s personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The information is deemed reliable but not guaranteed and should therefore be independently verified. 2024 NABOR All rights reserved. 10/6/24 18:55