308 Kleinshore Road
Property Description
Exceptional investment opportunity on the shores of beautiful Lake Hamilton! This 9-unit multifamily property offers a strong income-producing investment in one of Hot Springs' most desirable waterfront locations. The property includes eight spacious 2-bedroom apartments, with several units featuring two full bathrooms, along with one comfortable 1-bedroom, 1-bath apartment to accommodate a variety of rental needs. Residents enjoy the added benefit of optional boat slip rentals, allowing them to experience the Lake Hamilton lifestyle right outside their door. Large windows throughout the apartments provide abundant natural light, while many units capture beautiful views of the lake, creating an inviting atmosphere that attracts and retains tenants. With its prime lakefront setting, excellent rental potential, and consistent tenant appeal, this property is an outstanding opportunity for investors looking to expand their portfolio with a well-positioned, income-generating asset that offers both immediate cash flow and long-term appreciation potential.
Key Property Information
| Listing Status: | Available |
|---|---|
| Listing Type: | Call for offers |
| Property Types: | Apartment Buildings |
| Price: | $1,400,000 |
| No. of Units: | 9 |
| Year Built: | 1980 |
| Lot Size: | 8,272.00 Sq ft |
| Opportunity Zone: | No |
| Price per unit: | $155,556 |
| Property Website | Click Here |
| Number of Bedrooms: | 17 |
| Number of Bathrooms: | 13 |
ID: 3yd-CARMLS-26030899
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