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197 Promise Land Drive, Hot Springs, AR 71901

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For Sale

$374,900

900 sqft

Estimated Payment

$      /mo. †

APR for 30 years

Change Loan Terms

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

  • Newly Listed
    Time on Century 21

  • $416.56
    Price per square foot

  • 1-5 Years Old
    Age

Explore this Property

Nestled in the heart of Hot Springs, this unique property offers an exciting opportunity for those seeking a lucrative short-term rental investment or a private retreat. Boasting three charming cabins, each with its own distinct character, this property is already an active and successful short-term rental destination. But wait, there's more! For the ambitious investor or DIY enthusiast, a fourth cabin awaits your finishing touches. This "cabin in the dry" presents an opportunity to expand your rental portfolio or create a personal getaway spot. The property's private setting is perfect for those seeking a peaceful escape from the hustle and bustle of everyday life. For the adventurous souls, the Hot Springs Off-Road Park is practically in your backyard. Imagine the thrills of off-roading by day and relaxing in your tranquil cabin by night. This property isn't just a collection of cabins; it's a gateway to creating unforgettable memories and potentially lucrative returns. Whether you're looking to expand your rental empire or simply want a slice of paradise to call your own, this Hot Springs gem is waiting to welcome you.
MLS# 24037961

Courtesy Of Trademark Real Estate Inc.

(501) 318-3200

Property Features

  • Age
    1-5 Years Old
  • Amenities
    Dock
  • Appliances
    Refrigerator
  • Architecture Style
    Other
  • Cooling System
    Window Unit(s) A/C
  • Exterior Type
    Vinyl Siding
  • Floor Covering
    Wood
  • Lot Size
    22.53 Acres
  • Roof Type
    Metal

Map and Directions

Directions to 197 Promise Land Drive, Hot Springs, AR 71901

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

Mortgage Calculator

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Monthly Payment Breakdown

  • Principle and Interest
    $0
  • Property Taxes
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  • Hazard Insurance
    $0
  • Private Mortgage Insurance
    $0
  • HOA Dues
    $0
  • Total Monthly Payment:
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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 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. 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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