Business for Sale Overview:
PRICE REDUCED! This project is located in Benton County Arkansas just minutes from Wal-Mart World Headquarters at 106600 Hwy 72 West-Bentonville, Arkansas 72712 (http:www.visualtour.com/shown.asp?SK=13&T=1496490).
The structure is 98 percent complete and is currently serving as the builder’s personal residence and generating limited revenue from executive lodgings and horse stables.
This exclusive and unique property is being offered for sale $1,000,000 below bank appraisal to relieve financial pressures on the owner resulting from the recent national economic downturn.
Cortina Castle has a total of 23 rooms including
• 4 bedrooms and two overflow guest rooms*.
• 4 full baths.
• 1 ¾ bath and one ½ bath
• 7 fireplaces
• There is a wine storage area and library
• Pool and patio are nearly complete and may be taken “as is” or completion may be part of final negotiations.
* Septic system is rated for 4 bedrooms
The seller has defined the building and furnishing as European and reports fixtures and furnishings have been accumulated from all over Europe and Mexico. These items may be included in the negotiated selling price.
The offering includes a lavish horse barn containing:
• 4 stables
• office
• tack room
• Loft
• feed storage
• living quarters*
* Separate septic system requires final hookup
The property has a self contained well and pumping system which the seller reports has always provides more than adequate supplies during all weather conditions.
These five acres are located along highway 72 west of Bentonville, one of the primary expansion arteries for Northwest Arkansas, one of the fastest growing metropolitan areas in the United States.
The buyer can choose if this is a business or a residence. It appears to be ideal for a 1031 exchange with dramatic economic upside potential resulting from being priced at $999,999.00 which is $1,000,000.00 below bank appraisals.
ALL ACCEPTED OFFERS CONTINGENT ON LIEN HOLDER APPROVALS.
For more information regarding this listing please contact us by completing the "Contact the Seller" form below. We look forward to hearing from you.
Property Features and Assets:
5 acres and a luxurious horse barn that includes office and living quarters.
Additional Details:
- The property is owned.
- The owner may be willing to train/assist the new owner.
- This is not a homebased business opportunity.
- This is not a franchise resale opportunity.
- This is not a distressed business or bankruptcy situation.
Contact the Seller:
To contact the seller of this business for sale, please complete and submit the following email form. The seller or broker will be in touch with you typically within 1-3 business days. Fields with an asterisk (*) are required.