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$ 850,000
Est. payment /mo
Active
234 Adcock Road Hot Springs, AR 71913
8,352 SqFt
UPDATED:
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
Listed by Crye*Leike Pro Elite Realty • Falicia Samuels