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About This Home
This 0-bedroom, 0-bathroom commercial at 741 Park Avenue in Hot Springs, AR is listed for $1,750,000 ($195 per sqft). Built in 1920, the home offers 8,974 sqft of living space on a 0.66 acres lot.
The Gold-Inn has been a cherished part of Hot Springs, Arkansas, since 1920. Located in Park Avenue's historic district, the charming motor lodge is a living tribute to the golden age of American travel. Gold-Inn is a 19-room boutique motor lodge centered around a charming 1905 manor.
This classic set up reflects the character of Park Avenue, a historic neighborhood known for its grand old homes and vintage motor courts. Gold-Inn sees consistent and strong occupancy levels year-round. This is a turnkey opportunity for any investor looking for a stable and growing income stream. Everything is in place for you to hit the ground running. Additional units can be added for more rental income. Financials available upon request.
Key Features
- Built in 1920
- 0.66 acre lot
- 2 stories
- 46 parking spaces
Property Details
Monthly Cost Estimate
$9,359/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
741 Park Avenue
Hot Springs, AR 71901
US Hot Springs Reservation
Features & Amenities
Interior Features
Exterior Features
Property Details
Flooring
Construction
Parking
Cooling
Questions & Answers
This 0-bedroom, 0-bathroom commercial at 741 Park Avenue is listed at $1,750,000 ($195/sqft). The estimated monthly payment is $7,583 based on 20% down at 6.5% interest.
Key features include: Built in 1920, 0.66 acre lot, 2 stories, 46 parking spaces. Interior Features: Window Treatments, Furnished, Ceiling Fans. Exterior Features: Partially Fenced, Pole Sign.
This property is listed by Dane Thomson and can be reached at 5014941002 or dane@gocareteam.com.
