741 Park Avenue 745 Park Ave., Hot Springs, AR 71901
sale
$1,850,000
|
Other
Courtesy Of White Stone Real Estate
The Gold-Inn has been a cherished part of Hot Springs, Arkansas, since 1920. Located in Park Avenue's historic district, the charming motor lodge is a living tribute to the golden age of American travel. Gold-Inn is a 19-room boutique motor lodge centered around a charming 1905 manor. This classic set up reflects the character of Park Avenue, a historic neighborhood known for its grand old homes and vintage motor courts. Gold-Inn sees consistent and strong occupancy levels year-round. This is a turnkey opportunity for any investor looking for a stable and growing income stream. Everything is in place for you to hit the ground running. Additional units can be added for more rental income. Financials available upon request.
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Property Features
- Age: Over 50 Years Old
- Amenities: Ceiling Fan
- Architecture Style: Other
- Cooling System: Window Unit(s)
- Cooling System: Multi Units
- Exterior Type: Stucco
- Exterior Type: Wood Siding
- Floor Covering: Vinyl
- Floor Covering: Wood
- Floor Covering: Tile
- Floors: 2
- MLSID: 25034332
- Parking Spaces: 46
- Roof Type: Asphalt
- Roof Type: Shingle
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