Turnkey Cabin Rental
2777 Highway 290 Hot Springs, AR 71913
2777 Highway 290, Hot Springs, AR, 71913
$1,750,000
For Sale
$1,750,000
Turnkey short-term rental property featuring eight fully furnished cabins designed for immediate occupancy.
Property Size9,264 SF
Price / SF$188.90
Days on Market99
Property Features for 2777 Highway 290
General Information
- Standard status
- Active
- Size
- 9,264 SF
- Property subtype
- Multi Family Home
Building Details
- Year Built
- 2023
Listing agency
Hot Springs 1st Choice Realty
(501) 590-5122
Listed by
Tara Dixon · License #EB00080382
(501) 590-5122
Source
Proeliterealty
Added: Apr 15 Updated: Jul 22 at 9:26AM Checked: Jul 22 at 9:26AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Hot Springs 1st Choice Realty
Investment Insights
Based on property information with market context.
This turnkey short-term rental investment includes eight fully furnished cabins, each ready for immediate rental use. Four cabins measure 1,308 square feet and four cabins measure 1,008 square feet, and each is described as fully equipped and completely turnkey.
The property is located just minutes to Garvan Woodland Gardens and the Fish Hatchery public boat ramp to Lake Hamilton. On-site amenities include a cozy fire pit area, and there is space to add a pavilion or additional amenities. Financials are available for qualified buyers, and showings can be scheduled by appointment.
The property is located just minutes to Garvan Woodland Gardens and the Fish Hatchery public boat ramp to Lake Hamilton. On-site amenities include a cozy fire pit area, and there is space to add a pavilion or additional amenities. Financials are available for qualified buyers, and showings can be scheduled by appointment.
Key Highlights
- Newly built in 2023: turnkey short‑term rental property with 8 fully furnished cabins
- Cabin mix includes 4 cabins at 1,308 SF and 4 cabins at 1,008 SF
- Conveniently located minutes from Garvan Woodland Gardens
Local Financial Insights For Apartment 5plus
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $111.2k | $12.00 |
| − Vacancy | −$7.2k | −$0.78 |
| EGI | $103.9k | $11.22 |
| − OpEx | −$46.8k | −$5.05 |
| NOI | $57.2k | $6.17 |
9,264 SF · lease $12.00/SF/yr · vacancy 6.50% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$816.7K
$714.6K – $952.8K
NOI $57,168 @ 7.0% cap · market cap 3.27%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.69M
$1.48M – $1.98M
NOI $118,594 @ 7.0% cap · market cap 6.78%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Short term rental ...
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FAQs
What type of property is this?
Short term rental property - Turnkey short-term rental property featuring eight fully furnished cabins designed for immediate occupancy.
Where is this short term rental property located?
The property is located at 2777 Highway 290 Hot Springs, AR.
What is the asking price?
The asking price for this property is $1,750,000.
What are key features of this property?
This property features: Newly built in 2023: turnkey short‑term rental property with 8 fully furnished cabins; Cabin mix includes 4 cabins at 1,308 SF and 4 cabins at 1,008 SF; Conveniently located minutes from Garvan Woodland Gardens
