Lake Lot For Sale

Discover an incredible investment opportunity with this 17-unit multi- family condominium complex, located on the shores of Lake Hamilton in Hot Springs, Arkansas. Boasting a market net operating income (NOI) of $195,738, this property promises solid returns and exciting growth potential. This lakefront complex is not only a secure income-generating asset but also a unique opportunity for further development in a highly desirable location. A designated area within the lot is ready for the construction of up to 7 additional 3-bedroom,2-bathroom units, providing an opportunity to increase revenue and enhance the property's value.

Property Details

  • Location: Lake Hamilton
  • Acres: 1.760
  • County: Garland County
  • Community: Earl Acres
  • Property Taxes: $11,123
  • MLS #: 25000366

Location

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Contact Information:

phone Call now 1-855-943-4272
Contact Agent
Listing Agent: David Hall, The Goff Group Real Estate Company, 501-276-2280, 501-525-0908 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.

Ad Statistics:

Lake Lot For Sale in Hot Springs, Arkansas
Ad Number : 5668581
Viewed: 4 times
Added: Jan 06, 2025
Updated on: Jan 06, 2025
All information provided is deemed reliable but is not guaranteed and should be independently verified.