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Active under contract
  • $1,800,000

    815 Park Ave, Hot Springs, AR 71901

    --beds
    --baths
    14,983sqft
    : 
    Apartment
    Built in 1940
    -- sqft lot
    $-- Zestimate®
    $120/sqft
    $-- HOA

    What's special

    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!
    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#: 25016240MLS Logo
    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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