Edwardian Inn
SOLD

Helena-West Helena, Arkansas
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399,000
Asking Price
10
Guest Rooms
14
Baths

Property Overview

Under Contract (Sale Pending)
MAJOR PRICE DROP...Built in 1904, this 115-year-old beauty is listed on the National Registry of Historical Places.
Beauty and history abound at the Edwardian Inn.The Inn is located in the heart of the Arkansas-Mississippi Delta. The town is steeped with history from the American Civil War and the Delta Blues.


Property Description

No Restaurant
Owners Quarters

Situated at the base of a peaceful 2.5-acre hill (Hindman Hill), and just a stones-throw from the banks of the Mississippi River. The first floor of this beauty is covered in quarter-sawn oak and is where the owners quarters, two guest rooms, parlor and dining room are located. Second floor consists of 6 more guest rooms, common sitting area and a sun deck. The recently renovated third floor includes two large guest rooms and large common living room. All guest rooms have their own bathrooms for privacy and convenience


Business Summary

49%
Occupancy Rate
$18,800
Revenue Per Room
$109
Average Daily Rate
$151,005
Gross Revenue
3.50 x
Gross Revenue Mulitplier

The Edwardian Inn hosts European visitors from over 30+ countries every year as they make their music pilgrimages down the storied roads. The Inn is listed in the top travel guides in Europe and has received numerous accolades from various books and magazines. The book titled “1,000 Places to Visit Before You Die” calls out the Edwardian Inn. AY Magazine awarded the Edwardian with the distinct honor of being “The Best Hotel in NE Arkansas”. The Inn is also recognized by National Geographic’s Mississippi River Geo-tourism Commission as the place to stay while visiting the Delta.


Reason for Selling

New business opportunity in our home state that also gets us closer to our children and new grandson


Terms & Asking Price

Owner Financing Available w/ 50% Down. Up to 10 years at 3% interest.
Turnkey w/ strong financials