37
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$850,000
Est. payment /mo
10,864 SqFt
Backups
350 Lakeland Drive Hot Springs, AR 71913
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UPDATED:
02/10/2025 10:40 PM
Key Details
Property Type Commercial
Sub Type Multi-Family
Listing Status Backups
Purchase Type For Sale
Square Footage 10,864 sqft
Price per Sqft $78
Subdivision Clifton Lake
MLS Listing ID 25005070
Year Built 2003
Lot Size 0.500 Acres
Acres 0.5
Property Sub-Type Multi-Family
Property Description
Summit Apartments is a quaint and quiet smaller apartment community located close to dining, banking shopping and entertainment. Across the street from beautiful Lake Hamilton, 5 minutes from the mall, 10 minutes from Oaklawn and just 15 minutes from downtown Hot Springs. Investors dream 12 unit two story Brick apartment building ,4 one bedroom one bathroom units and 8 two bedroom one bathroom units in one building....subject property is an existing two story building with a total of 10,805 square feet constructed in 2003. The building is a frame structure with brick exterior walls and composition shingle roof. There are three common entry halls and each entry hall has a laundry room on the first and second floor for a total of six common laundry areas. The apartments have sheet rock walls, laminate flooring and central heat and air conditioning. The units are separately metered and appear to be in good condition. In addition there is adequate concrete parking and common outdoor grilling area. The units are modern and appear to be in good condition.
Location
State AR
County Garland
Area Hot Springs School District
Interior
Heating Central Cool-Electric, Central Heat-Gas
Flooring Vinyl
Exterior
Exterior Feature Partially Fenced, Dumpster
Parking Features Paved
Garage Spaces 30.0
Utilities Available Sewer-Public, Water-Public, Gas-Natural, TV-Cable
Roof Type Composition,Tile
Building
Foundation Brick
New Construction No
Listed by Crye-Leike REALTORS • Anna L Rhoden
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