Property
Beds
17
Full Baths
None
1/2 Baths
None
Year Built
1980
Sq.Footage
8,272
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.
Features & Amenities
Interior
-
Total Bedrooms
17
-
Bathrooms
N/A
-
Cooling YN
YES
-
Cooling
Central Air, Ceiling Fan(s), Electric
-
Heating YN
YES
-
Heating
Central, Electric
-
Pet friendly
N/A
Exterior
-
Garage
Yes
-
Garage spaces
4
-
Other Exterior Features
Dock, Boat Slip
-
Patio and Porch Features
Deck, Patio
-
Pool
No
-
Waterfront YN
YES
-
View
Lake
Area & Lot
-
Lot Features
Cleared, Level, Sloped
-
Lot Size(acres)
0.53
-
Property Type
Residential Income
-
Property Sub Type
Multi Family
-
Architectural Style
Traditional
Price
-
Sales Price
$1,400,000
-
Tax Amount
$5,771
-
Zoning
CI
-
Sq. Footage
8,272
-
Price/SqFt
$169
HOA
-
Association
No
School District
-
Elementary School
Lake Hamilton
-
Middle School
Lake Hamilton
-
High School
Lake Hamilton
Property Features
-
New Construction
NO
-
Sewer
Public Sewer
-
Water Source
Public
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Location
County
Garland
Elementary School
Lake Hamilton
Middle School
Lake Hamilton
High School
Lake Hamilton
Listing Courtesy of Debi Jones , Trademark Real Estate, Inc.
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REALTOR®
Shery Ragsdale
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