Willow Beach Resort | 260 Lake Hamilton Dr
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Willow Beach Resort 260 Lake Hamilton Dr
18 Room Hotel Hot Springs, AR 71913 £3,493,639 (£194,091/Room)
Investment Highlights
- 18 newly renovated units
- On-site boat trailer parking
- Less than a mile from restaraunts, shopping, & entertainment
Executive Summary
Situated along the main channel of Lake Hamilton, this resort property presents an attractive investment opportunity. The $4,495,000 offering includes 18 newly renovated rental units, a renovated bungalow house that sleeps up to 8 guests, and an array of amenities such as a pool, clubhouse, 12-slip boat dock, boat ramp, and on-site trailer parking. The location provides convenient access to Highway 7 and lies within a mile of restaurants, shopping, and entertainment in Hot Springs. On-site facilities like a manager's office, laundry rooms, ice machines, and 30 parking spaces further complement the resort's operations. With its updated accommodations, waterfront setting, and revenue-generating potential, this well-appointed resort merits consideration from investors interested in the area's tourism market.
Property Facts
Price | £3,493,639 | Building Size | 94,655 SF |
Price Per Room | £194,091 | No. Rooms | 18 |
Sale Type | Investment | Number of Floors | 1 |
Property Type | Hospitality | Year Built | 1950 |
Property Subtype | Hotel | Parking Ratio | 0.7/1,000 SF |
Building Class | C | Corridor | Exterior |
Lot Size | 1.70 AC |
Price | £3,493,639 |
Price Per Room | £194,091 |
Sale Type | Investment |
Property Type | Hospitality |
Property Subtype | Hotel |
Building Class | C |
Lot Size | 1.70 AC |
Building Size | 94,655 SF |
No. Rooms | 18 |
Number of Floors | 1 |
Year Built | 1950 |
Parking Ratio | 0.7/1,000 SF |
Corridor | Exterior |
Room Mix Information
Description | No. Rooms | Daily Rate | SF |
---|---|---|---|
Guest Room | 18 | £44.60 | - |
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PROPERTY TAXES
Parcel Number | 300-09038-000 | Improvements Assessment | £114,762 |
Land Assessment | £135,559 | Total Assessment | £250,321 |
PROPERTY TAXES
Parcel Number
300-09038-000
Land Assessment
£135,559
Improvements Assessment
£114,762
Total Assessment
£250,321
zoning
Zoning Code | C |
C |
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Willow Beach Resort | 260 Lake Hamilton Dr
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