234 Adcock Road Active

Hot Springs,AR 71913

$ 850000

0 Bed

0 Bath

8352 SqFt


Key Details

Property Type Multi-Family

Sub Type Apartments

Listing Status Active

Purchase Type For Sale

Square Footage 8,352 sqft

Price per Sqft $101

Subdivision Douglas #1

MLS Listing ID 25014000

Style Built to Suit

Year Built 2009

Annual Tax Amount $5,648

Tax Year 2024

Lot Size 0.460 Acres

Acres 0.46

Property Sub-Type Apartments

Property Description

Discover a fantastic investment opportunity with this 10-unit apartment complex located near the lake in beautiful Hot Springs, Arkansas. Situated in the highly regarded Lake Hamilton School District, this property features ten spacious 2-bedroom, 1-bath units. Each unit offers a comfortable layout with strong rental potential, currently achieving a maximum rent of $750 per month. The complex's proximity to the lake adds to its appeal, making it attractive to tenants and investors alike. All units are metered separately, and tenants are responsible for all utilities. With steady rental income and potential for future appreciation, this property is a smart addition to any portfolio. Showings are available by appointment only.

Location

State AR

County Garland

Area Lake Hamilton School District

Zoning R-3

Rooms

Kitchen Electric Range,Refrigerator-Stays

Interior

Heating Central Cool -Unspecified,Central Heat -Unspecified

Flooring Laminate

Equipment Electric Range,Refrigerator-Stays

Exterior

Parking Features Parking Pads

Utilities Available Sewer-Public

Roof Type Pitch

Building

Lot Description Corner Lot

Foundation Slab

New Construction No

View More
Favorite Go Tour