A hybrid investment opportunity in the heart of one of Arkansas’s most vibrant tourism destinations! This beautifully renovated 30 unit apartment complex offers the best of both worlds: consistent long-term rental income paired with the lucrative upside of Air BNB units and a 2,000sqft updated on-site leasing office—perfect for self-management. Convenience is at your fingertips, as the apartment is just minutes away from local cafes, restaurants, art galleries, entertainment venues and the David F. Watkins Memorial Park. No seller financing! AGENTS - SEE REMARKS!
Closed
$1,700,000
815 Park Ave, Hot Springs, AR 71901
--beds
--baths
14,983sqft
Apartment
Built in 1940
-- sqft lot
$1,700,400 Zestimate®
$113/sqft
$1,060 Estimated rent
Owner options
What's special
Zillow last checked: 8 hours ago
Listing updated: September 23, 2025 at 11:23am
Listed by:
Erika L Sisson 501-413-7817,
SB Realty & Property Management
Bought with:
Erika L Sisson, AR
SB Realty & Property Management
Source: CARMLS,MLS#: 25016240
Facts & features
Interior
Heating
- Natural Gas, Ductless
Cooling
- Electric, Window Unit(s)
Appliances
- Included: Free-Standing Range, Gas Range, Electric Range, Refrigerator, Gas Water Heater
Features
- Sheet Rock, Plaster
- Flooring: Luxury Vinyl
- Basement: None
Interior area
- Total structure area: 14,983
- Total interior livable area: 14,983 sqft
Property
Parking
- Parking features: Parking Pad
Features
- Levels: One
Lot
- Size: 0.70 Acres
- Features: Level
Details
- Parcel number: 40028650004000C
- Zoning: CTR
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Traditional
- Property subtype: Apartment
Materials
- Brick
- Foundation: Slab
- Roof: Composition
Condition
- New construction: No
- Year built: 1940
Utilities & green energy
- Electric: Electric-Municipal
- Gas: Gas-Natural
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Natural Gas Connected
Community & neighborhood
Location
- Region: Hot Springs
- Subdivision: HSR BLK
HOA & financial
HOA
- Has HOA: No
Other
Other facts
- Listing terms: Conventional,Cash
- Road surface type: Paved