Pristine fishing resort on Norfork/White Rivers, north central Arkansa

, Arkansas 7 views 0 favorites

Financial Highlights
Asking Price
$2,995,000
Revenue
$2,995,000
Business Description

River Ridge Inn in Norfork, AR is for sale! This pristine fishing resort is located at the confluence of the Norfork and White Rivers in north central Arkansas. Having produced trophy trout, these rivers draw fishermen from all over the United States and internationally. This picturesque higher end resort, which sits on over 1,000 feet of river frontage, is immaculately maintained and once you see it you will understand the multiple unique ways you can increase income. There are multiple rental units ranging from a 1 BR to 2 BRs. Included on the property is a lodge containing 6 BRS and 6 baths and 2 kitchens which is perfect for family outings, family reunions, corporate retreats and many other uses only restricted by your imagination. Additionally, the owner’s personal residence has been registered as a BNB and has 5 BRs and 5 baths, a beautiful kitchen and common areas galore. All the property is groomed into a garden setting and a huge deck overlooks the river. If you are inclined to step further into the hospitality industry this setting is an incredible place for weddings, receptions, etc. The owner’s are ready to retire and turn this incredible business over to someone else who will cherish it and continue to build upon what they created. Location: Norfork, Arkansas Year Established: 2010 Number of Employees: 4 Real Estate: Owned Facilities: Rentals include 4 cabins/chalets ranging in size from a 1 BR/1BA "honeymoon" cabin to multiple BRS/Baths, decks, laundry rooms, boat dock, hot tubs. Main lodge consists of 6 BRs/6 Baths 2 kitchens, 2 great rooms, laundry. Main house currently is the owners private residence but is registered as a BNB with 5 BR/Baths, huge deck overlooking the river, gazebo, garage. There are multiple supporting buildings garages, greenhouse, sheds, etc. Website: riverridgeinn.com Market Outlook/ Competition: This area has a high concentration of fishing resorts but there are only a few that measure up to the amenities this property has with the outstanding guest quarters, garden setting and ability to take this special property to an outstanding money producer. Growth & Expansion: The features of the property lends itself to hosting corporate retreats, family reunions, and an amazing opportunity to host weddings/receptions, etc.

Business Details
Industry:
Entertainment & Recreation
Real Estate Included:
No
About the Seller
AU
Admin User
6498
Active Listings
New
Member Since

Listed: Apr 21, 2022

Updated: 5 days ago

Views: 7

Favorites: 0