310 HAWTHORNE
Property Description
INVESTORS, TAKE NOTICE! TURNKEY INCOME, CONSISTENT OCCUPANCY & SERIOUS UPSIDE POTENTIAL! Looking for an investment that starts working for you from DAY ONE? Welcome to 310 Hawthorne Street, a five-unit income-producing property in the heart of Hot Springs! Featuring four 1-bedroom units and one studio, with all utilities included, this property boasts approximately 90% annual occupancy and averages $975 per unit monthly, generating nearly $54,000 in annual gross rental income! What truly sets this investment apart? The seller is willing to help set you up for success! Benefit from a hands-on transition, including introductions to established contacts, rental resources, and relationships involving VA and HUD housing programs that have helped keep these units consistently occupied. You're not just buying real estate-you're stepping into an established rental operation with valuable connections already in place! Situated in a Commercial Improvement area, this property offers exciting possibilities for future growth and value enhancement, subject to applicable approvals. Whether you're expanding your portfolio or purchasing your first multifamily investment, this is an opportunity to acquire five income-producing doors with established rental demand and the potential for a 10%+ return on investment! FIVE DOORS. ONE INVESTMENT. INCOME FROM DAY ONE. Opportunities like this deserve a serious look. Schedule your showing and explore the numbers for yourself!
Broker Details
Progressive Realtors (501) 622-8440
MLS ID: 2128 State License Number: SA00093276
Key Property Information
| Listing Status: | Available |
|---|---|
| Listing Type: | Call for offers |
| Property Types: | Apartment Buildings |
| Price: | $579,000 |
| Year Built: | 1920 |
| Opportunity Zone: | No |
| Property Website | Click Here |
| Number of Bedrooms: | 5 |
| Number of Bathrooms: | 0 |
ID: 3yd-HSBRAR-157659
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