Search
Lakefront Apartment Building
For Sale
$1,400,000

308 Kleinshore Road, Hot Springs, AR 71913

Multifamily property with varied apartment layouts and optional boat slip rentals.

Property SizeContact for details
Days on Market27

Property Features for 308 Kleinshore Road

General Information

Standard status Active
Property subtype Multi Family Home
Zoning CI

Units

Unit Mix 8 x 2BR, 1 x 1BR/1BA
Multifamily Units 9

Amenities

boat slip rentals

Building Details

Year Built 1980
Stories 2
Units 9
Listing Agency: Trademark Real Estate, Inc.
Listed By: Debi Jones
Source: Proeliterealty
Added: Jul 28 Changed: Aug 20 Last Checked: Aug 22 at 1:46PM

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 Trademark Real Estate, Inc.

Investment Insights

Based on property information with market context.

This 9-unit apartment property is situated along Lake Hamilton in Hot Springs. The unit mix includes eight 2-bedroom apartments and one 1-bedroom, 1-bath apartment; several of the 2-bedroom units also have two full bathrooms. Large windows bring natural light into the apartments, and many units have views toward the lake.

Optional boat slip rentals add a waterfront amenity for occupants. The property is located at 308 Kleinshore Road and carries CI zoning. Built in 1980, the asset combines a defined unit mix with direct access to the Lake Hamilton setting.

Key Highlights

  • 9‑unit apartment property on the shores of Lake Hamilton
  • Unit mix includes eight 2‑bedroom apartments and one 1‑bedroom, 1‑bath apartment
  • Several 2‑bedroom units feature two full bathrooms

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Law Firm Big Box & Wholesale Store Kitchen & Bath Showroom Grocery & Convenience Store Furniture & Home Goods Barber Shop

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

9
Residential units

Location Intelligence

Trade Area within ½ mile

156
Businesses Nearby

Demographics for 71913, AR

46,801
Population
25,441
Households
1.8
Avg Household Size
44
Median Age
28%
College-Educated
91%
High-School Grad
134.2 sq mi
ZIP Area
349
Density / Sq Mi
$55,367
Median Household Income
$32,746
Median Earnings
$970
Median Rent
$179,200
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Apartment building - Multifamily property with varied apartment layouts and optional boat slip rentals.
Where is this apartment building located?
The property is located at 308 Kleinshore Road Hot Springs, AR.
What is the asking price?
The asking price for this property is $1,400,000.
What are key features of this property?
This property features: 9‑unit apartment property on the shores of Lake Hamilton; Unit mix includes eight 2‑bedroom apartments and one 1‑bedroom, 1‑bath apartment; Several 2‑bedroom units feature two full bathrooms
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message