Property summary
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.
Property profile
VerifiedCap rate & NOI
Current use
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Real Estate Agency
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
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from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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