Welcome to 1405 Hospital Dr in the historic town of Pocahontas! This unique property offers approximately 46,360 square feet sitting on 6.32 acres and is packed with opportunity. Currently featuring an 90-110 seat event center, 47 beds Airbnb space, and a partially unfinished project, the possibilities for future development are endless. There is a video with this listing contact the listing agent. $19 a sqft is a steal investment opportunity, could easily 4x it with some work in a short anount of time. Whether you're looking to expand the existing hospitality business, create affordable housing, develop a hunting lodge retreat, or transform the property into a mixed-use investment, this property has the space and location to make it happen. Pocahontas continues to see a need for additional affordable housing, while also attracting outdoor enthusiasts thanks to its close proximity to the Pocahontas Bridge and excellent hunting opportunities nearby. Positioned on a hill, the property also offers peace of mind with reduced flood concerns. This is a rare chance to invest in a large-scale property with incredible potential in a growing and historic community.
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Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included
All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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Source: Northeast Arkansas BOR. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.