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26874798
26874796

224 Court St, Hot Springs, AR 71901

Coldwell Banker RPM Group Hot Springs
Listed by Coldwell Banker RPM Group Hot Springs
$595,000
270 days on market
Updated 9 days ago
Opportunity zone

Recent Price Reduction

Details
Property Type Hospitality, Special Purpose (+1)
Sub Type Business and Building
Square Footage 3,556
Units 1
Cap Rate 8.00%
Price per SqFt $194
Class B
Year Built 1887
Lot Size (SqFt) 5,662

​3,556sf income producing property currently being used as a short term rental

Marketing description

Opportunity Awaits! This is the closest short-term rental to Hot Springs National Park, and Hot Spring's world-famous Bathhouse Row. Vacationers can easily walk from this property into downtown and enjoy all that Hot Springs has to offer OR take a hike in the National forest just steps from your back door. This wonderfully restored 8 bedroom, 5 bath, home is an ideal investment opportunity anyone looking to capitalize on the 6.7 million vacationers who visit Hot Springs annually and want to be in the heart of the action in downtown. It is also very close to the convention center and is often a favorite spot for larger groups that are in town for tournaments. It is being offered fully furnished with two full size washers and three full size dryers on site. Financials available upon request. Don't miss this once in a lifetime opportunity!

Investment highlights

  • 3,556sf - 8 Bedrooms / 3 full 2 half Baths
  • National forest just out the back door
  • Relax on one of three covered balconies
  • Beautifully restored, fully furnished
  • This property can pay you to own it!

Listing Contacts

Coldwell Banker RPM Group Hot Springs
Listed by Coldwell Banker RPM Group Hot Springs

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