Lake Apartment For Sale
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 s, remodeling the home and/or constructing additional rental units on the property.Property Details
- Beds: 0
- Baths: 0.0
- Sq Feet: 9470
- Year Built: 1950
- Location: Lake Hamilton
- Acres: 1.000
- Lakeview: Yes
- ViewTypes: Water
- County: Garland County
- Community: Twin Points
- Siding: Metal,Stucco,Vinyl Siding
- Roof: Metal
- Stories: 2.0
- Property Taxes: $9,145
- MLS #: 24006243
Location
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Ad Statistics:
| Ad Number : | 4811138 |
| Viewed: | 27 times |
| Added: | Apr 11, 2024 |
| Updated on: | Apr 16, 2024 |
| All information provided is deemed reliable but is not guaranteed and should be independently verified. | |
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Listing Agent: Beau Durbin, ESQ. Realty Group - Hot Springs, 501-609-6493, 501-255-0509 Listing Site, Listing Status: Active
Copyright © 2024 Cooperative Arkansas Realtors Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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