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$1,800,000

Est. payment - /mo

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14,983 SqFt

Active

815 Park Ave Hot Springs, AR 71901

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Micah Ribbing

micah.ribbing@gmail.com +1(501) 218-5944

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Apartments

Listing Status Active

Purchase Type For Sale

Square Footage 14,983 sqft

Price per Sqft $120

Subdivision Hsr Blk

MLS Listing ID 25016240

Style Traditional

Year Built 1940

Annual Tax Amount $2,664

Tax Year 2024

Lot Size 0.700 Acres

Acres 0.7

Property Sub-Type Apartments

Property Description

A hybrid investment opportunity in the heart of one of Arkansas's most vibrant tourism destinations! This beautifully renovated 30 unit apartment complex offers the best of both worlds: consistent long-term rental income paired with the lucrative upside of Air BNB units and a 2,000sqft updated on-site leasing office—perfect for self-management. Convenience is at your fingertips, as the apartment is just minutes away from local cafes, restaurants, art galleries, entertainment venues and the David F. Watkins Memorial Park. No seller financing! AGENTS - SEE REMARKS!

Location

State AR

County Garland

Area Hot Springs School District

Zoning CTR

Rooms

Basement None

Kitchen Free-Standing Stove, Gas Range, Electric Range, Refrigerator-Stays

Interior

Interior Features Hot Water Heater-Gas

Heating Central Cool-Electric, Window Units, Central Heat-Gas, Mini Split

Flooring Luxury Vinyl

Equipment Free-Standing Stove, Gas Range, Electric Range, Refrigerator-Stays

Exterior

Parking Features Parking Pads

Utilities Available Sewer-Public, Water-Public, Electric-Municipal, Gas-Natural

Roof Type Composition

Building

Lot Description Level

Foundation Slab

New Construction No

Listed by SB Realty & Property Management • Erika L Sisson

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Micah Ribbing

REALTOR | License ID: SA00096985

+1(501) 218-5944