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Hot Springs, AR 71913

  • 0 Beds
  • 0 Baths
  • Multi-Family
  • MLS# 24016112
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Views: 52 Days On Site: 121

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Property Details

We are pleased to present an entire condo complex for sale, offering a unique opportunity for investors or property developers. This expansive property comprises 17 condo units and the potential for future expansion.The condo complex is situated on a spacious 1.76-acre lot, providing ample space for additional development.The property currently has an area designated for the construction of 7 more 1-bedroom, 1-bathroom units. This presents an excellent opportunity for further expansion and potential revenue growth. This condo complex offers an exceptional investment opportunity with its prime lakefront location, potential for future expansion. Overall this property is a remarkable investment prospect. Don't miss out on the chance to acquire this unique and lucrative condo complex.

  • General Features
    • Annual Taxes 11123
    • Area LAKE HAMILTON SCHOOL DISTRICT
    • Foreclosure Reo NO
    • County Garland
    • Style Contemporary
    • Subdivision Earles Court HPR
  • Building Features
    • Floors Partial Carpet, Vinyl
    • Exterior Frame, Block
    • Utilities Sewer-Public, Septic, Water-Public, Electric-Municipal
    • Kitchen Equipment Free-Standing Stove
    • Roof Composition
    • Heating And Air Cond Central Cool-Electric, Central Heat-Electric
    • Garage Parking Parking Pads
    • Foundation Crawl Space
  • Property Features
    • Approx Acreage 1.76
    • Road Surface Paved
    • Lake Name Hamilton
  • Schools
    • Junior High Lake Hamilton
    • Middle School Lake Hamilton
    • High School Lake Hamilton

Contact

Lorre Staretz

Lorre Staretz

REALTOR

RE/MAX Elite

Direct: 501-912-3757

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Property History

Date Event Price Percent Change
-- Current Price Source: Multiple Listing Service New Value: $4,450,000
8/22/2024 3:25:48 AM Status Changed Source: Multiple Listing Service New Value: Active
8/15/2024 2:11:04 PM Price Reduced Source: Multiple Listing Service New Value: $4,450,000 -8.25%
8/15/2024 2:11:04 PM Status Changed Source: Multiple Listing Service New Value: Price Change
5/16/2024 3:25:47 AM Status Changed Source: Multiple Listing Service New Value: Active
5/9/2024 3:56:00 PM New in Database Source: Multiple Listing Service New Value: $4,850,000

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** Assumes 6.5% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information.
The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity? Program of the Cooperative Arkansas REALTORS® Multiple Listing Services, Inc. Real estate listings, held by brokerager firms other than RE/MAX Arkansas, are marked with the Broker Reciprocity? logo and information about them includes the name of the listing brokers. Information deemed reliable but not guaranteed.
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Data last updated 9/7/2024 6:41:23 PM PST.


Note: All room dimensions, including square footage data, are approximate and must be verified by the buyer. The information contained herein is furnished by the owner to the best of his/her knowledge but is subject to verification by the purchaser, and agent assumes no responsibility for the correctness thereof. The sale offering is made subject to errors, omissions, change of price, prior sale, or withdrawal without notice. In accordance with the Law, this property is offered without respect to race, color, creed, national origin, sex, familial status or disability. This is not intended to solicit property currently listed.