About 139 & 141 Britt Lane
Very rare opportunity to own a 14 unit motel on Lake Hamilton! This one acre lake property boasts 14 charming rental units, along with a unique, historic home built in 1898! This former apartment complex has been totally revamped into a charming short term rental complex. The current owner has made lots of updates throughout the property to meet current short term rental codes. STR permits have been obtained for each of the units. A brand new fire suppression system has been installed throughout the facility. The property has private boat ramp, and Entergy may approve construction of additional boat slips. There is potential to add lots of additional value by converting all of the units to Airbnbs, remodeling the home and/or constructing additional rental units on the property.
Features of 139 & 141 Britt Lane
| MLS® # | 24006243 |
|---|---|
| Price | $1,299,900 |
| Bathrooms | 0.00 |
| Square Footage | 9,470 |
| Acres | 1.00 |
| Year Built | 1950 |
| Type | Multi-Family |
| Sub-Type | Apartments |
| Style | Other (see remarks) |
| Status | Active |
Community Information
| Address | 139 & 141 Britt Lane |
|---|---|
| Area | Hot Springs School District |
| Subdivision | Twin Points |
| City | Hot Springs |
| County | Garland |
| State | AR |
| Zip Code | 71913 |
Amenities
| Utilities | Sewer-Public, Water-Public, Electric-Municipal, TV-Cable |
|---|---|
| Parking | Four Car or More, Other (see remarks) |
| Is Waterfront | Yes |
| Waterfront | Dock - Swimming, Other/See Remarks, Boat Slip |
| Has Pool | No |
Interior
| Interior Features | Washer/Dryer-Comm. In, Smoke Detector |
|---|---|
| Appliances | Other (see remarks) |
| Heating | Other (see remarks) |
| Cooling | Other (see remarks) |
| Fireplace | No |
| # of Stories | 2 |
| Stories | Two Story |
| Has Basement | No |
Exterior
| Exterior | Stucco, Metal/Vinyl Siding |
|---|---|
| Exterior Features | Deck, Patio, Porch, Guttering, Dumpster |
| Lot Description | Common to Lake, Waterfront, In Subdivision, River/Lake Area |
| Roof | Metal |
| Foundation | Slab |
School Information
| Elementary | Hot Springs |
|---|---|
| Middle | Hot Springs |
| High | Hot Springs |
Additional Information
| Date Listed | February 21st, 2024 |
|---|---|
| Days on Market | 27 |
| Zoning | Lake |
| Foreclosure | No |
| Short Sale | No |
| HOA Fees | 0.00 |
Listing Details
| Agent | Beau Durbin |
|---|---|
| Office | ESQ. Realty Group - Hot Springs |