About This Home

This 0-bedroom, 0-bathroom commercial at 316 HAZEL Street in Hot Springs, AR is listed for $579,000 ($187 per sqft). Built in 1930, the home offers 3,100 sqft of living space on a N/A lot.

Key Features

  • Built in 1930
  • 2 stories

Property Details

2 stories
1930
Listing Description

Prime Investment Opportunity in Downtown Hot Springs! This income-producing 8-unit studio apartment complex offers an exceptional opportunity for investors seeking consistent cash flow and strong rental demand. Averaging, approximately 95% annual occupancy, with monthly rents ranging from $900-$985 per unit, this established property provides a solid income stream.

The units are HUD-approved, and the current owner maintains relationships with multiple housing agencies, helping sustain high occupancy and reliable tenant placement. Situated on a commercially zoned improvement lot in the heart of downtown Hot Springs, the property offers excellent investment potential.

The owner is prepared to assist with a seamless transition, including the transfer or handoff of applicable licensing, permits, and operational information. An established, turnkey investment opportunity with proven rental performance and income potential!

Monthly Cost Estimate

$3,097/mo

20% down · 6.5% · 30 years

Principal$419
Interest$2,509
Insurance$169

Estimates only. Actual payments may vary.

Location

316 HAZEL Street

Hot Springs, AR 71901

HSR BLK 98

Questions & Answers

This 0-bedroom, 0-bathroom commercial at 316 HAZEL Street is listed at $579,000 ($187/sqft). The estimated monthly payment is $3,097 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1930, 2 stories.

This property is listed by Shaila Sharrock.

SS

Shaila Sharrock

Agent at Progressive Realtors

Listed by Progressive Realtors · Broker phone: (501) 622-8440 · Broker website

MLS# 157618· Source: Hot Springs Board of Realtors· 10 days on PropertySimple

Copyright © 2026 Hot Springs Board of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

316 HAZEL Street, Hot Springs, AR 71901

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