For more information regarding the value of a property, please contact us for a free consultation.
222-224 Family Park Road Hot Springs, AR 71913
Want to know what your home might be worth? Contact us for a FREE valuation!
Our team is ready to help you sell your home for the highest possible price ASAP
Key Details
Sold Price $949,900
Property Type Multi-Family
Sub Type Duplex
Listing Status Sold
Purchase Type For Sale
Square Footage 13,272 sqft
Price per Sqft $71
Subdivision Not In List
MLS Listing ID 21014849
Sold Date 07/02/21
Style Other (see remarks)
Year Built 1984
Lot Size 1.200 Acres
Acres 1.2
Property Sub-Type Duplex
Property Description
INVESTORS TAKE NOTICE! A total of 15 units (7 duplexes and 1 stand alone unit) situated right across the street from Hot Springs Family Park. The units are each 2 bedroom, 1.5 bath and have been fully occupied for years. A handful of the units have been recently remodeled. Units are separately metered and tenants pay all utilities. Area for covered parking. Current owner has kept rents low for years and has only recently started increasing rents to market rate as units turn over. Room to increase rents!
Location
State AR
County Garland
Area Hot Springs School District
Zoning Resident
Rooms
Kitchen Free-Standing Stove, Refrigerator-Stays
Interior
Interior Features Washer Connection, Dryer Connection-Electric
Heating Central Cool-Electric, Central Heat-Electric
Flooring Other (see remarks)
Equipment Free-Standing Stove, Refrigerator-Stays
Exterior
Exterior Feature Brick
Parking Features Carport, Four Car or More, Parking Pads
Utilities Available Electric-Municipal, Sewer-Public, TV-Cable, Water-Public
Roof Type Architectural Shingle
Building
Lot Description Level
Foundation Slab
New Construction No
Schools
Elementary Schools Hot Springs
Middle Schools Hot Springs
High Schools Hot Springs
Read Less
Bought with Crye-Leike REALTORS