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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
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 -

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
300-09038-000
Land Assessment
£135,559
Improvements Assessment
£114,762
Total Assessment
£250,321

zoning

Zoning Code C
C
  • Listing ID: 31741159

  • Date on Market: 08/05/2024

  • Last Updated:

  • Address: 260 Lake Hamilton Dr, Hot Springs, AR 71913

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