Residential Income Property with Lake
For Sale
$355,000
640 Arkridge Road Unit K-2, Hot Springs, AR 71913
Second-floor condominium with updated interiors, a private balcony, and access to lakeside community amenities.
Property Size1,464 SF
Price / SF$244.83
Days on Market15
Property Features for 640 Arkridge Road Unit K-2
General Information
Standard status
Active
Size
1,464 SF
Property subtype
Condo/Townhse/Duplex/Apt
Units
Unit Mix
1 x 2BR/2BA
Multifamily Units
1
Taxes and HOA fees
Annual Taxes
$1,335
Amenities
private pool
boardwalk
Building Details
Building Size
1,464 SF
Year Built
2006
Listing Agency:
CBRPM Hot Springs
(501) 276-2217
Listed By:
Kent Dover
(501) 276-2217
Source:
Whitestonearkansas
Added: Aug 8
Changed: Aug 21
Last Checked: Aug 21 at 5:40AM
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 CBRPM Hot Springs
Investment Insights
Based on property information with market context.
This second-floor residential income property is a 2-bedroom, 2-bathroom condominium with over 1,450 square feet of interior space. The layout includes an open kitchen connected to the living areas, a gas fireplace, and a private balcony accessible from both the primary bedroom and living room. Northern-facing views extend toward Lake Hamilton and Garvan Woodland Gardens. The condominium was updated in 2025 with tile flooring throughout, new lighting, ceiling fans, toilets, and fresh paint. A refrigerator, clothes washer, and dryer convey with the property.
Community amenities include a private pool along the lake shore and a boardwalk used for fishing and evening walks. The property also offers bypass access and is located minutes from Garvan Woodland Gardens, downtown Hot Springs, Oaklawn Racing Casino Resort, and Hot Springs National Park.
Community amenities include a private pool along the lake shore and a boardwalk used for fishing and evening walks. The property also offers bypass access and is located minutes from Garvan Woodland Gardens, downtown Hot Springs, Oaklawn Racing Casino Resort, and Hot Springs National Park.
Key Highlights
- 2‑bedroom, 2‑bathroom condominium with over 1,450 square feet
- Northern‑facing views of Lake Hamilton and Garvan Woodland Gardens
- 2025 updates include tile flooring, lighting, ceiling fans, toilets, and fresh paint
Property Analytics
Current Use
Lease Details
1
Residential units
Location Intelligence
Trade Area within ½ mile
16
Businesses Nearby
Explore this area
Business Placement
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Residential income property - Second-floor condominium with updated interiors, a private balcony, and access to lakeside community amenities.
Where is this residential income property located?
The property is located at 640 Arkridge Road Unit K-2 Hot Springs, AR.
What is the asking price?
The asking price for this property is $355,000.
What are key features of this property?
This property features: 2‑bedroom, 2‑bathroom condominium with over 1,450 square feet; Northern‑facing views of Lake Hamilton and Garvan Woodland Gardens; 2025 updates include tile flooring, lighting, ceiling fans, toilets, and fresh paint
