The Wagon Wheel Resort in the beautiful Arkansas Ozark Mountain Region is a turn key resort nestled on over 4 AC M/L with lush landscaping and breathtaking lake views. The resort features 8 fully furnished, clean, updated and well maintained cabins with enclosed porches, personal residence, private dock, covered pavilion, playground, community laundry, office, large shop for extra storage, plenty of parking, plus an RV hookup are just some of the amenities. Wagon Wheel Resort has been a landmark on Lake Norfork for over 70 years. Current owners have developed a website presence and successful online booking system making it an attractive option for potential owners. Personal residence was built in approximately 2021 and is a 3 bed/2.5 bath with office and upper and lower decks. Located in Gamaliel, this beautiful resort setting is
Rental Portfolio consisting of 100 units. 83 storage units 16 residential units and 1 vacation rental. Just 2 minutes to Norfork Lake and 10 minutes to Mountain Home. Priced at a 10% cap rate with lots of growth potential.
The median home value in Gamaliel, AR is $210,900. This is higher than the county median home value of $192,400. The national median home value is $338,100. The average price of homes sold in Gamaliel, AR is $210,900. Approximately 19.36% of Gamaliel homes are owned, compared to 0% rented, while 80.65% are vacant. Gamaliel real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Gamaliel real estate agent to arrange a tour today!
Gamaliel, Arkansas has a population of 12. Gamaliel is less family-centric than the surrounding county with 0% of the households containing married families with children. The county average for households married with children is 23.93%.
The median household income for the surrounding county is $43,530 compared to the national median of $69,021. The median age of people living in Gamaliel is 0 years.
The average high temperature in July is 90.1 degrees, with an average low temperature in January of 25.5 degrees. The average rainfall is approximately 45.6 inches per year, with 8.4 inches of snow per year.