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139 & 141 BRITT Lane, Hot Springs, AR 71913

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For Sale

$1,100,000

9,470 sqft

Estimated Payment

$      /mo. †

APR for 30 years

Change Loan Terms

  • Multi-Family (2-4 Units)
    Property type

  • $116.16
    Price per square foot

  • Over 50 Years Old
    Age

Explore this Property

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 3BR/2BA 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.
MLS# 148570

Courtesy Of ESQ. Realty Group-Hot Springs

(501) 255-0509

Property Features

  • Age
    Over 50 Years Old
  • Amenities
    Deck, Dock, Porch, Patio
  • Architecture Style
    Other
  • Exterior Type
    Stucco, Vinyl Siding
  • Floor Covering
    Laminate, Tile
  • Lot Size
    1 Acres
  • Roof Type
    Metal

Map and Directions

Directions to 139 & 141 BRITT Lane, Hot Springs, AR 71913

Home seller CENTURY 21 Parker & Scroggins Realty

Get to know the neighborhood. A local affiliated CENTURY 21 office will help you set up tours, give advice, and negotiate with sellers.

CENTURY 21 Parker & Scroggins Realty

(501) 762-1748
Learn More About Us

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Monthly Payment Breakdown

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Calculators provided for estimating purposes only. Consult with your lender to determine precise payment requirements.

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Copyright © 2024 Hot Springs Board of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.

† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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