About This Home
This 17-bedroom, 13-bathroom multi-family at 308 Kleinshore Road in Hot Springs, AR is listed for $1,400,000 ($169 per sqft). Built in 1980, the home offers 8,272 sqft of living space on a 0.53 acres lot.
Key Features
- Built in 1980
- 0.53 acre lot
- 2 stories
- Waterfront
Property Details
Amenities
Exceptional investment opportunity on the shores of beautiful Lake Hamilton! This 9-unit multifamily property offers a strong income-producing investment in one of Hot Springs' most desirable waterfront locations. The property includes eight spacious 2-bedroom apartments, with several units featuring two full bathrooms, along with one comfortable 1-bedroom, 1-bath apartment to accommodate a variety of rental needs.
Residents enjoy the added benefit of optional boat slip rentals, allowing them to experience the Lake Hamilton lifestyle right outside their door. Large windows throughout the apartments provide abundant natural light, while many units capture beautiful views of the lake, creating an inviting atmosphere that attracts and retains tenants.
With its prime lakefront setting, excellent rental potential, and consistent tenant appeal, this property is an outstanding opportunity for investors looking to expand their portfolio with a well-positioned, income-generating asset that offers both immediate cash flow and long-term appreciation potential.
Monthly Cost Estimate
$7,487/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
308 Kleinshore Road
Hot Springs, AR 71913
Metes & Bounds
Features & Amenities
Interior Features
Exterior Features
Property Details
Flooring
Pool Features
Parking
Appliances
Questions & Answers
This 17-bedroom, 13-bathroom multi-family at 308 Kleinshore Road is listed at $1,400,000 ($169/sqft). The estimated monthly payment is $7,487 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.
Key features include: Built in 1980, 0.53 acre lot, 2 stories, Waterfront. Interior Features: Washer-Stays, Dryer-Stays, Fan - Ceiling. Exterior Features: Partially Fenced, Deck, Patio.
This property is listed by Debi Jones and can be reached at 5012764446.


