A hybrid investment opportunity in the heart of one of Arkansas’s most vibrant tourism destinations! This beautifully renovated 30 unit apartment complex offers the best of both worlds: consistent long-term rental income paired with the lucrative upside of Air BNB units and a 2,000sqft updated on-site leasing office—perfect for self-management. Convenience is at your fingertips, as the apartment is just minutes away from local cafes, restaurants, art galleries, entertainment venues and the David F. Watkins Memorial Park. No seller financing! AGENTS - SEE REMARKS!
Active under contract
$1,800,000
815 Park Ave, Hot Springs, AR 71901
--beds
--baths
14,983sqft
Est.:
Apartment
Built in 1940
-- sqft lot
$-- Zestimate®
$120/sqft
$-- HOA
What's special
- 125 days
- on Zillow |
- 47 |
- 0 |
Zillow last checked: 7 hours ago
Listing updated: July 18, 2025 at 01:51pm
Listed by:
Erika L Sisson 501-413-7817,
SB Realty & Property Management 501-315-6994
Source: CARMLS,MLS#: 25016240

Travel times
Facts & features
Interior
Heating
- Natural Gas, Ductless
Cooling
- Electric, Window Unit(s)
Appliances
- Included: Free-Standing Range, Gas Range, Electric Range, Refrigerator, Gas Water Heater
Features
- Sheet Rock, Plaster
- Flooring: Luxury Vinyl
- Basement: None
Interior area
- Total structure area: 14,983
- Total interior livable area: 14,983 sqft
Property
Parking
- Parking features: Parking Pad
Features
- Levels: One
Lot
- Size: 0.7 Acres
- Features: Level
Details
- Parcel number: 40028650004000C
- Zoning: CTR
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Traditional
- Property subtype: Apartment
Materials
- Brick
- Foundation: Slab
- Roof: Composition
Condition
- New construction: No
- Year built: 1940
Utilities & green energy
- Electric: Electric-Municipal
- Gas: Gas-Natural
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Natural Gas Connected
Community & HOA
Community
- Subdivision: HSR BLK
HOA
- Has HOA: No
Location
- Region: Hot Springs
Financial & listing details
- Price per square foot: $120/sqft
- Annual tax amount: $2,664
- Date on market: 4/25/2025
- Listing terms: Cash,Conventional
- Lease term: Month To Month,Other,12 Months
- Tenant pays: None
- Road surface type: Paved
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