404 Reserve St Hot Springs, AR 71901
- Residential income homes
Current Use by Public Records
- The Lot Store / Real Estate Agency
Property Details for 404 Reserve St
- Property type
- Residential income homes
Description
This exceptional investment opportunity presents a furnished, historic 1920s home in Hot Springs, Arkansas, operating as a highly successful short-term rental (STR). Located just two blocks from both Bathhouse Row and the Hot Springs Civic Center, this property boasts an enviable location within the heart of the city's vibrant tourism district. The home's proven profitability is evidenced by its strong track record as an active and consistently profitable STR. Adding to its appeal, the sale includes an adjoining lot situated at the intersection of Reserve and Civic Streets, providing convenient paved rear access to the property. This additional land offers significant potential for expansion or enhancement of the existing rental operation. The asking price for this turnkey business is $399,000. The property is located at 404 Reserve St, Hot Springs, AR 71901, in Garland County. This is a rare chance to acquire a well-established, profitable business in a highly desirable location.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Hot Springs
- County
- Garland
- State
- Arkansas
- Longitude
- -93.0505952
- Latitude
- 34.5117855
