Other (see remarks)

139 & 141 Britt Lane

Hot Springs , AR 71913

MLS#: 24045667

$1,100,000

Status: Closed
Listing number: 24045667
Listing provided by: ESQ. Realty Group - Hot Springs
Listing agent phone: None
Last update: 8 months ago
On site: 10 months ago
Browse Properties
Twin Points - Residential Income

Property

Beds

None

Full Baths

None

1/2 Baths

None

Year Built

1950

Sq.Footage

9,470

Very rare opportunity to own a 14 unit motel on Lake Hamilton! This one acre lake property boasts 14 charming rental units, along with a unique, historic home built in 1898! This former apartment complex has been totally revamped into a charming short term rental complex. The current owner has made lots of updates throughout the property to meet current short term rental codes. STR permits have been obtained for each of the units. A brand new fire suppression system has been installed throughout the facility. The property has private boat ramp, and Entergy may approve construction of additional boat slips. There is potential to add lots of additional value by converting all of the units to Airbnbs, remodeling the home and/or constructing additional rental units on the property.

Features & Amenities

Interior

  • Total Bedrooms

    N/A

  • Bathrooms

    N/A

  • Pet friendly

    N/A

Exterior

  • Garage

    Yes

  • Garage spaces

    4

  • Construction Materials

    Stucco

  • Other Exterior Features

    Boat Slip

  • Patio and Porch Features

    Deck, Patio, Porch

  • Pool

    No

Area & Lot

  • Lot Size(acres)

    1.0

  • Property Type

    Residential Income

  • Property Sub Type

    Multi Family

  • Architectural Style

    Other (see remarks)

Price

  • Sales Price

    $1,100,000

  • Tax Amount

    9145.0

  • Zoning

    Lake

  • Sq. Footage

    9, 470

  • Price/SqFt

    $116

HOA

  • Association

    No

School District

  • Elementary School

    Hot Springs

  • Middle School

    Hot Springs

  • High School

    Hot Springs

Property Features

  • Stories

    2

  • Sewer

    Public Sewer

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Location

County

Garland

Elementary School

Hot Springs

Middle School

Hot Springs

High School

Hot Springs

Listing Courtesy of Beau Durbin , ESQ. Realty Group - Hot Springs

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Agent DebbieNeal

Branch Broker

DebbieNeal

Call Debbie today to schedule a private showing.

(479) 264-2099

debbieneal64@gmail.com


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Very rare opportunity to own a 14 unit motel on Lake Hamilton! This one acre lake property boasts 14 charming rental units, along with a unique, historic home built in 1898! This former apartment complex has been totally revamped into a charming short term rental complex. The current owner has made lots of updates throughout the property to meet current short term rental codes. STR permits have been obtained for each of the units. A brand new fire suppression system has been installed throughout the facility. The property has private boat ramp, and Entergy may approve construction of additional boat slips. There is potential to add lots of additional value by converting all of the units to Airbnbs, remodeling the home and/or constructing additional rental units on the property.

139 & 141 Britt Lane

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