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!
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
Estimated Payment
$ 3,617.87 per month $2,448.12 Principal & Interest $848.92 Property Tax $320.83 Homeowner's InsuranceCrye-Leike is a full-service real estate company founded in Memphis in 1977. Today it is ranked #4 in the nation and the largest real estate company serving markets in Tennessee, Arkansas, Georgia, Mississippi. Crye-Leike has a network of more than 2,800+ licensed sales associates, 600+ staff members and over 130+ branch and franchise offices located throughout a seven state region of Alabama, Arkansas, Florida, Georgia, Kentucky, Mississippi, and Tennessee. Crye-Leike also has a franchise location in Puerto Rico.
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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.