316 HAZEL Street

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Address: 316 Hazel St, Hot Springs, AR 71901, USA
Chicago & Midwest + Apartment Buildings
Created date: October 17, 2026
Date last updated: October 17, 2026
Price: $579,000Investment Analyzer NEW!

Property 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!
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Broker Details

Shaila Sharrock
Shaila Sharrock

Progressive Realtors (501) 622-8440 MLS ID: 2128 State License Number: SA00093276

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Key Property Information

Listing Status: Available
Listing Type: Call for offers
Property Types: Apartment Buildings
Price: $579,000
Year Built: 1930
Opportunity Zone: No
Property Website Click Here
Number of Bedrooms: 8
Number of Bathrooms: 0
Address: 316 HAZEL Street, Hot Springs, AR 71901, USA
Provided by:
Standard Status: Active
MLS Listing Number: 157620
ID: 3yd-HSBRAR-157620
Copyright Disclaimer: 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.

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Step 4Final Deal Analysis

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