Closed

$1,025,000

139 & 141 Britt Ln, Hot Springs National Park, AR 71913

--beds

--baths

9,470sqft

Apartment

Built in 1950

-- sqft lot

$1,149,000 Zestimate^®

$108/sqft

$1,242 Estimated rent

Home value

$1,149,000

$1.00M - $1.32M

$1,242/mo

Zestimate^® history

Owner options

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$1,242/mo

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$1,242/mo

Rent Zestimate^®

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$4,743/mo

Est. payment

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$4,743/mo

Est. payment

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What's special

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 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 converting all of the units to Airbnbs, remodeling the home and/or constructing additional rental units on the property.

Facts & features

Interior

Appliances

Included: Other
Laundry: Washer/Dryer-Comm. In

Features

Flooring: Tile, Laminate

Interior area

Total structure area: 9,470
Total interior livable area: 9,470 sqft

Property

Parking

Total spaces: 4
Parking features: Other, Four Car or More

Features

Levels: Two
Patio & porch: Deck, Patio, Porch
Exterior features: Rain Gutters, Dumpster
On waterfront: Yes
Waterfront features: Dock - Swimming, Other/See Remarks, Boat Slip, Lake
Body of water: Lake: Hamilton

Lot

Size: 1 Acres
Dimensions: 152' x 261'
Features: Subdivided, River/Lake Area, Common to Lake, Waterfront

Details

Zoning: Lake

Construction

Type & style

Home type: MultiFamily
Architectural style: Other (see remarks)
Property subtype: Apartment

Materials

Stucco, Metal/Vinyl Siding
Foundation: Slab
Roof: Metal

Condition

New construction: No
Year built: 1950

Utilities & green energy

Electric: Electric-Municipal
Sewer: Public Sewer
Water: Public
Utilities for property: Cable Connected

Community & HOA

Community

Security: Smoke Detector(s)
Subdivision: Twin Points

Location

Region: Hot Springs National Park

Financial & listing details

Price per square foot: $108/sqft
Annual tax amount: $9,145
Date on market: 12/27/2024
Listing terms: Other (see remarks)
Tenant pays: Other
Road surface type: Paved

Price history

Date	Event	Price
12/27/2024	Sold	$1,025,000-6.8%$108/sqft
Source: CARMLS #24045667 Report a problem
10/28/2024	Contingent	$1,100,000$116/sqft
Source: CARMLS #24038889 Report a problem
10/23/2024	Listed for sale	$1,100,000-12%$116/sqft
Source: HSDS #148570 Report a problem
8/22/2024	Listing removed	--
Source: HSDS #145393 Report a problem
7/21/2024	Price change	$1,250,000-3.8%$132/sqft
Source: HSDS #145393 Report a problem
4/16/2024	Price change	$1,299,900-5.5%$137/sqft
Source: HSDS #145393 Report a problem
4/10/2024	Listed for sale	$1,375,000$145/sqft
Source: HSDS #145393 Report a problem
2/27/2024	Contingent	$1,375,000$145/sqft
Source: HSDS #145393 Report a problem
2/23/2024	Listed for sale	$1,375,000$145/sqft
Source: HSDS #145393 Report a problem