Property
Beds
None
Full Baths
None
1/2 Baths
None
Year Built
None
Sq.Footage
13,846
First 18 pictures are rendering's of how it could look. "Great investment opportunity, with 19 units in prized Lakeside School District and a quarter miles access to Lake Hamilton. Renovate the units or use our architectural blue prints to increase unit sq ft and overall value. Total units 19: total built out units 18 with 8 units via 4 duplexes in the back of the property and 10 finished units and 1 unfinished unit in the front building. Recently converted to condos giving investor opportunity to sell for higher LTV down the road. Renovate then lease all yearly or even all Airbnb (no permit req'd as located in Garland County, outside of city of Hot Springs limits) and/or sell all units. The investor would own the entire condo association and all units in it." If renovated into the plans, the investor would have: 8 3 bed/2.5 baths, 8 2 bed/2 baths, and 3 1 bed/1.5 baths. We envisioned having the main building be accessible on Central with a slider gate at the front and fencing around, then adding either carports or garages (11) parallel to the 11 unit main building. Then in for the back 8 units, have another gate entering from Long Beach with 8 covered parking or garages.
Features & Amenities
Interior
-
Total Bedrooms
N/A
-
Bathrooms
N/A
-
Basement YN
NO
-
Cooling YN
YES
-
Cooling
Central Air, Electric
-
Heating YN
YES
-
Heating
Central, Electric
-
Pet friendly
N/A
Exterior
-
Garage
No
-
Pool
No
Area & Lot
-
Lot Features
Level
-
Lot Size(acres)
0.59
-
Property Type
Residential Income
-
Property Sub Type
Multi Family
-
Architectural Style
Other (see remarks)
Price
-
Sales Price
$994,400
-
Tax Amount
$66,284
-
Zoning
COMM. INPR
-
Sq. Footage
13, 846
-
Price/SqFt
$71
HOA
-
Association
No
School District
-
Elementary School
Lakeside
-
Middle School
N/A
-
High School
N/A
Property Features
-
Stories
1
-
New Construction
NO
-
Sewer
Public Sewer
-
Water Source
Public
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Location
County
Garland
Elementary School
Lakeside
Middle School
High School
Listing Courtesy of Greg Calaway , Baxley-Penfield-Moudy Realtors
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Broker / Owner / REALTORĀ®
Mikki Dennis
Call Mikki today to schedule a private showing.
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