For Sale
$399,000

404 Reserve St Hot Springs, AR 71901

Profitable STR, prime location, two lots.

Overview

Added:
Dec 11, 2024
Days on market:
138
This exceptional investment opportunity presents a furnished, historic 1920s home in Hot Springs, Arkansas, operating as a highly successful short-term rental (STR). Located just two blocks from both Bathhouse Row and the Hot Springs Civic Center, this property boasts an enviable location within the heart of the city's vibrant tourism district. The home's proven profitability is evidenced by its strong track record as an active and consistently profitable STR. Adding to its appeal, the sale includes an adjoining lot situated at the intersection of Reserve and Civic Streets, providing convenient paved rear access to the property. This additional land offers significant potential for expansion or enhancement of the existing rental operation. The asking price for this turnkey business is $399,000. The property is located at 404 Reserve St, Hot Springs, AR 71901, in Garland County. This is a rare chance to acquire a well-established, profitable business in a highly desirable location.

Highlights

  • High-performing short-term rental generating consistent income.
  • Prime location with high occupancy rates and strong rental demand.
  • Modern, updated interior finishes appealing to short-term renters.
  • Fully furnished and equipped for immediate operation.
  • Proven track record of profitability and positive cash flow.

Property Details for 404 Reserve St

Property type
Residential income homes

Location Insight

City
Hot Springs
County
Garland
State
Arkansas
Latitude
34.5117855
Longitude
-93.0505952

FAQs

What type of property is this?
Residential income home - Profitable STR, prime location, two lots.
Where is the residential income home located?
The property is located at 404 Reserve St Hot Springs, AR.
What is the asking price?
The asking price for this property is $399,000.
What are key features of this property?
This property features: High-performing short-term rental generating consistent income.; Prime location with high occupancy rates and strong rental demand.; Modern, updated interior finishes appealing to short-term renters.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
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404 Reserve St
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