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141 County Road 851
Elizabeth, AR 72531
Kellers Cove Cabin/RV Resort Elizabeth, AR · Hospitality Property For Sale · 10,533 SF
PROPERTY FACTS
| Property Type | Hospitality | Number of Floors | 1 |
| Property Subtype | Year Built/Renovated | 1955/2023 | |
| Building Class | B | Parking Ratio | 4.94/1,000 SF |
| Lot Size | 10.01 AC | Corridor | Exterior |
| Building Size | 10,533 SF |
| Property Type | Hospitality |
| Property Subtype | |
| Building Class | B |
| Lot Size | 10.01 AC |
| Building Size | 10,533 SF |
| Number of Floors | 1 |
| Year Built/Renovated | 1955/2023 |
| Parking Ratio | 4.94/1,000 SF |
| Corridor | Exterior |
Amenities
- Pool
- On-Site Retail
- High Speed Internet Access
- Patio
- Marina
- Public Access Wi-Fi
- Smoke-Free
- Fully-Equipped Kitchen
- Multi-Room Suites
About 141 County Road 851 , Elizabeth, AR 72531
ERA Doty Commercial is pleased to present this rare opportunity to purchase one of the premier resorts on Lake Norfork and North Central Arkansas. Kellers Cove Resort located in Elizabeth, AR has been completely renovated and is now available as a turn-key resort beginning a new chapter in its 70+ year history. This property is being offered to qualified Buyers at $1,699,000. Kellers Cove Resort is located on 10+ wooded acres overlooking beautiful Lake Norfork featuring new amenities, renovated cabins and new features providing a new owner the ability to step in and immediately build on its legacy. The property features 4 renovated cabins with full kitchens, a private 8-slip boat dock, oversized, updated swimming pool with a new bathhouse and attached guest pavilion/outdoor kitchen. The RV park has been expanded to 13 sites featuring 9 NEW spaces with adjacent land for more spaces. In addition, the owners have added a NEW laundry facility and updated well house, NEW camp store, beautiful NEW owner-occupied residence completed in 2023. Also, the owners are building a NEW on-site covered boat storage area with multiple units which are already booked full. The residence can be used as an owner residence or can be an excellent source of additional income as a lodge rental unit. As part of the turn-key offering, all FF&E as well as all supplies will be included in the sale with the exception of personal items/tools the owner wants to keep. The park has also updated all phases of the resort infrastructure including (2) 1,200 Gallon septic systems, 5G internet, RV Sites with Full Hook-Up, boat trailer storage, greenhouse and a work/repair shop. Rental Units and Amenities: Cabin 1 (Fish)- 672 Sq ft Cabin 2 (Duck)- 384 Sq ft Cabin 8 (Bear)- 1,976 Sq ft Cabin 7(Moose)- 1,216 Sq ft Owners Residence- 2,904 Sq ft Camp Store- 540 Sq ft Boat dock- 8 slips and 7-year lease remaining with Corp of Engineers RV spaces- 13 Laundry Well House 9-stall Boat/equipment Storage (NEW) Shop Pool/Cabana/Bath house Propane Tank
PROPERTY TAXES
| Parcel Number | 001-00462-000 | Improvements Assessment | £108,688 |
| Land Assessment | £13,825 | Total Assessment | £122,513 |
PROPERTY TAXES
zoning
| Zoning Code | CI |
| CI |
