316 HAZEL Street, Hot Springs, AR 71901
sale
$579,000
|
Other
Courtesy Of Progressive Realtors
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!
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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. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Property Features
- Age: Over 50 Years Old
- Floors: 2
- Legal Description: HSR BLK 98 098 / 007 05-03S-19W BLK 98 LOT PT 7
- MLSID: 157618
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