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Renovated Residential Income Property
For Sale
$375,000

5371 Central Avenue Unit 6C, Hot Springs, AR 71913

Two-bedroom condo with updated interiors, gated access, and shared recreational amenities near Lake Hamilton.

Property Size1,200 SF
Price / SF$312.50
Days on Market12

Property Features for 5371 Central Avenue Unit 6C

General Information

Standard status Active
Size 1,200 SF
Property subtype Condo/Townhse/Duplex/Apt

Units

Unit Mix 1 x 2BR/2BA
Multifamily Units 1

Taxes and HOA fees

Annual Taxes $2,627

Amenities

tennis courts
playground
clubhouse
gated entry
boat dock

Building Details

Building Size 1,200 SF
Year Built 1986
Listing Agency: McGraw Realtors - HS
Listed By: Karen Hudspeth · License #SA00086588
Source: Whitestonearkansas
Added: Aug 11 Changed: Aug 21 Last Checked: Aug 21 at 5:39AM

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 McGraw Realtors - HS

Investment Insights

Based on property information with market context.

This 2-bedroom, 2-bath condominium provides approximately 1,200 sq. ft. of renovated living space in a 1986 residential property. Interior improvements include a reconfigured kitchen with granite countertops, a widened breakfast bar, pendant lighting, open shelving, updated flooring, fresh colors, and an electric fireplace serving as a focal point in the living area.

The property is located within the gated Emerald Isle community on Lake Hamilton. Community amenities include tennis courts, a playground, and a clubhouse. Boat-dock access is available through a yearly lease, with the existing lease in place through April 2027.

Key Highlights

  • Approximately 1,200 sq. ft. condo with 2 bedrooms and 2 baths
  • Renovated kitchen with granite countertops, widened bar, pendant lighting, and open shelving
  • Electric fireplace and updated flooring in the living area

Property Analytics

Current Use

Emerald Isle Resort Hotel & Motel

Suggested Use

Top Pick Dental Office Building Supply Law Firm Grocery & Convenience Store Big Box & Wholesale Store Garden Center

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

1
Residential units

Location Intelligence

Trade Area within ½ mile

176
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
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Residential income property - Two-bedroom condo with updated interiors, gated access, and shared recreational amenities near Lake Hamilton.
Where is this residential income property located?
The property is located at 5371 Central Avenue Unit 6C Hot Springs, AR.
What is the asking price?
The asking price for this property is $375,000.
What are key features of this property?
This property features: Approximately 1,200 sq. ft. condo with 2 bedrooms and 2 baths; Renovated kitchen with granite countertops, widened bar, pendant lighting, and open shelving; Electric fireplace and updated flooring in the living area
More about this property
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