"Our immediate concern is if there was a fire it could not be contained to each individual room and there would be a significant pathway to other rooms and other parts of the hotel which makes it even more dangerous," Fire Marshal Capt. Ron Lewis said.
Currently, more than 20 people live in the hotel. Many of them say they have nowhere else to go.
"We just moved in last Friday and gave him $650 and apparently we don't think we are getting it back," resident Heather Lewis said. "We really don't have any place to go."
Authorities are attempting to contact the building's owner, John Chen. They say they are expecting to work with him to evacuate the building within 48 hours.
It is not the first time the building has had to be evacuated. Last December, fire inspectors went door to door telling residents they had to leave the Prince Charles Hotel, because the downtown landmark was ruled unsafe. It was closed for three days while the owner made repairs and brought the building up to code.
The Prince Charles Hotel, which debuted in 1924, is one of Fayetteville's many historic landmarks.