5656 Sam Snead Highway
Property Description
Excellent investment opportunity in Hot Springs! This fully occupied 4-unit apartment building offers immediate rental income with potential for increased returns. Each spacious unit features 1 bedroom, 1 bathroom, over 900 sq ft of living space, & separately metered electricity. Currently generating $2 ,650 per month ($31,800 annually), the property offers upside potential, w/existing rents reportedly below market rates. Situated on approximately one acre, the property may also offer additional development opportunities toward the rear of the lot, subject to applicable zoning & approvals. Conveniently located near The Omni Homestead Resort & downtown Hot Springs, this income-producing property presents an attractive opportunity for investors seeking steady cash flow. Excellent investment opportunity in Hot Springs! This fully occupied 4-unit apartment building offers immediate rental income with potential for increased returns. Each spacious unit features 1 bedroom, 1 bathroom, over 900 square feet of living space, and separately metered electricity. Currently generating $2 ,650 per month ($31,800 annually), the property offers upside potential, with existing rents reportedly below market rates. Situated on approximately one acre, the property may also offer additional development opportunities toward the rear of the lot, subject to applicable zoning and approvals. Conveniently located near The Omni Homestead Resort and downtown Hot Springs, this income-producing property presents an attractive opportunity for investors seeking steady cash flow and long-term appreciation potential. A great addition to any investment portfolio!
Key Property Information
| Listing Status: | Available |
|---|---|
| Listing Type: | Call for offers |
| Property Types: | 2-4 Units |
| Price: | $359,900 |
| No. of Units: | 4 |
| Year Built: | 1909 |
| Lot Size: | 3,800.00 Sq ft |
| Opportunity Zone: | No |
| Price per unit: | $89,975 |
| Property Website | Click Here |
| Number of Bedrooms: | 4 |
| Number of Bathrooms: | 4 |
ID: 3yd-LBVRARVA-140381
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