Exceptional investment opportunity on the shores of beautiful Lake Hamilton! This 9-unit multifamily property offers a strong income-producing investment in one of Hot Springs' most desirable waterfront locations. The property includes eight spacious 2-bedroom apartments, with several units featuring two full bathrooms, along with one comfortable 1-bedroom, 1-bath apartment to accommodate a variety of rental needs. Residents enjoy the added benefit of optional boat slip rentals, allowing them to experience the Lake Hamilton lifestyle right outside their door. Large windows throughout the apartments provide abundant natural light, while many units capture beautiful views of the lake, creating an inviting atmosphere that attracts and retains tenants. With its prime lakefront setting, excellent rental potential, and consistent tenant appeal, this property is an outstanding opportunity for investors looking to expand their portfolio with a well-positioned, income-generating asset that offers both immediate cash flow and long-term appreciation potential.
| MLS # | 26030899 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | For-sale |
| Status | Active |
| Year | 1980 |
| Days On Site | 28 |
| Listing Provided By | Trademark Real Estate, Inc. | Debi Jones |
| Story(s) | 2 |
|---|---|
| Units | 9 |
| Zoning | CI |
| Acreage | 0.53 |
| Exterior | Metal/Vinyl Siding |
|---|---|
| Roof | Composition |
| Foundation | Slab |
| Utilities | Sewer-Public, Water-Public, Electric-Municipal |
|---|
| Property | 5771 |
|---|
| State | AR |
|---|---|
| County | Garland |
| City | Hot Springs |
| Zip Code | 71913 |
| Area | LAKE HAMILTON SCHOOL DISTRICT |
| Subarea | LAKE HAMILTON SCHOOL DISTRICT |
| Community Name | Metes & Bounds |
| School District | Lake Hamilton |
| Elementary School | Lake Hamilton |
| High School | Lake Hamilton |
| Listing VS Median (in Metes & Bounds) | |
Price: $1,400,000 low | high Med: $214,900 On site: 28 low | high Med: 97 | |
| State | AR |
|---|---|
| County | Garland |
| City | Hot Springs |
| Zip Code | 71913 |
| Area | LAKE HAMILTON SCHOOL DISTRICT |
| Subarea | LAKE HAMILTON SCHOOL DISTRICT |
| Community Name | Metes & Bounds |
| School District | Lake Hamilton |
| Elementary School | Lake Hamilton |
| High School | Lake Hamilton |
| Listing VS Median (in Metes & Bounds) | |
Price: $1,400,000 low | high Med: $214,900 On site: 28 low | high Med: 97 | |