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Property Detail

139 Britt Ln, Hot Springs National Park, AR 71913, USA
Direct frontage on Lake Hamilton with boat dock and boat ramp.
$1,299,900

Description

INVESTMENT HIGHLIGHTS

  • Direct frontage on Lake Hamilton with boat dock and boat ramp
  •  
  • Brand new fire suppression just installed; 14 short term rental permits to convert units to short term rentals
  • Room to construction additional units

EXECUTIVE SUMMARY

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 remodeling the home, converting all of the units to Airbnbs, and/or constructing additional rental units on the property.
 

AMENITIES

  • Patio
  • Bed & Breakfast
  • Fully-Equipped Kitchen

ROOM MIX INFORMATION

DESCRIPTIONNO. ROOMSDAILY RATESF
Guest Room14$57.00

 

Beau Durbin

+1 501-609-6493

Specification

General

  • 9470
  • 1.0000
  • Investment
  • Comm
  • 1950
  • 14

Hospitality

Twin Points Resort

Listing ID : 00444

SKU: 444

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