260 Lake Hamilton Dr - Hospitality FOR SALE


Hot Springs, AR 71913
$4,465,000 USD
501-623-2200
260 Lake Hamilton Dr, Hot Springs, AR for Sale
$4,465,000 USD
Hospitality - FOR SALE
1/10
null | Request Cap Rate

260 Lake Hamilton Dr
Hot Springs, AR 71913


HIGHLIGHTS

  • 18 newly renovated units
  • Less than a mile from restaraunts, shopping, & entertainment
  • On-site boat trailer parking

OVERVIEW

Situated along the main channel of Lake Hamilton, this resort property presents an attractive investment opportunity. The $4,495,000 offering includes 18 newly renovated rental units, a renovated bungalow house that sleeps up to 8 guests, and an array of amenities such as a pool, clubhouse, 12-slip boat dock, boat ramp, and on-site trailer parking. The location provides convenient access to Highway 7 and lies within a mile of restaurants, shopping, and entertainment in Hot Springs. On-site facilities like a manager's office, laundry rooms, ice machines, and 30 parking spaces further complement the resort's operations. With its updated accommodations, waterfront setting, and revenue-generating potential, this well-appointed resort merits consideration from investors interested in the area's tourism market.

FOR SALE DETAILS

PRICE

$4,465,000 USD

PRICE/SF

$47 USD /SF

# OF ROOMS

18

PRICE/ROOM

$248,056 {currency}

CAP RATE

Request Cap Rate

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Willow Beach Resort

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

1

ROOM ENTRANCE

Exterior

BUILDING CLASS

C

YEAR BUILT

1950

PARKING SPACES

67

LAND DETAILS

LAND ACRES

1.7 AC

LAND SF

74,052 SF

ZONING

C

APN/PARCEL ID

300-09038-000

ASK ABOUT THIS PROPERTY

Brian GehrkiColliers | ArkansasMore Info
501-623-2200

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Brian GehrkiColliers | ArkansasMore Info
501-623-2200

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.