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$ 1,100,000
Est. payment /mo
Active
139 BRITT Hot Springs, AR 71913
14 Beds
1 Acres Lot
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Lakefront Apartment
Listing Status Active
Purchase Type For Sale
Subdivision Twin Points
MLS Listing ID 157265
Bedrooms 14
Year Built 1950
Annual Tax Amount $10,187
Tax Year 2025
Lot Size 1.000 Acres
Property Sub-Type Lakefront Apartment
Property Description
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!
Location
State AR
County Garland
Exterior
Utilities Available Electric-Entergy, Gas-Natural, Sewer-Public, Water-Public
Waterfront Description Dock,Dock - Swimming,Boat Slip
Roof Type Metal
Schools
School District Hot Springs
Listed by The Goff Group Real Estate
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