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139 Britt, Hot Springs, AR 71913

$1,100,000
  • 139 Britt, Hot Springs, AR 71913 Main Photo

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Active
BEDS0 BATHS MLS#157265
STATUSActive PROPERTY TYPEMulti Unit - Multiple SUBDIVISIONTwin Points NEIGHBORHOODHOT SPRINGS SCHOOLHot Springs

Property Description

Rare opportunity to own a 14-unit waterfront investment property on beautiful Lake Hamilton! Situated on approximately one acre with over 154 feet of shoreline, this unique property offers tremendous potential for investors, developers, or anyone looking to capitalize on the Hot Springs tourism and vacation rental market. The property currently features 14 rental units and has recently been upgraded with a brand-new fire suppression system throughout the facility. A private boat ramp provides convenient access to Lake Hamilton, and there may be potential for additional boat slips with Entergy approval. The possibilities are extensive. Renovate and reposition the existing units as short-term vacation rentals, update the residence and property amenities, or explore opportunities to construct additional rental units. For developers, the approximately one-acre waterfront site also offers exciting redevelopment potential, including clearing the property and creating multiple new dwellings designed to maximize the Lake Hamilton frontage. Whether operated as a multifamily investment, transformed into a waterfront vacation rental destination, or redeveloped for an entirely new vision, this property offers multiple avenues for creating additional value. With 14 existing units, substantial shoreline, private lake access, and a great location convenient to dining, shopping, entertainment, and everything Hot Springs has to offer, opportunities like this on Lake Hamilton are extremely rare. Bring your vision and take advantage of the tremendous potential this waterfront property has to offer!

139 Britt | MLS# 157265

This multi-family property located at 139 Britt, Hot Springs, AR 71913 is currently listed for sale with an asking price of $1,100,000. Britt is located within the Hot Springs school district. Search Hot Springs real estate on www.clhomes.com today.

Property Features

Property Type: Multi Unit - Multiple
Lot Size: 1.00 Acres
Property Type: Lakefront Apartment
Roof Type: Metal
Taxes: $10,187
Year Built: 1950

Feature Descriptions

Days on Site: 23
Lot Dimensions: 154'L x 270'
Utilities: Electric-Entergy, Gas-Natural, Sewer-Public, Water-Public
Waterfront: Dock, Dock - Swimming, Boat Slip

Local Schools

School District: Hot Springs

Listed By / Shown By

Listed By

Agency Name: The Goff Group Real Estate
Agency Phone: 501-525-0908

Shown By

Agency Title: Crye-Leike Real Estate Services
Agency Phone: 866-253-4666

IDX logo

Source: Hot Springs MLS

Estimate Your Payment

Estimated Payment

$ 3,617.87 per month $2,448.12 Principal & Interest $848.92 Property Tax $320.83 Homeowner's Insurance

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