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$1,550,000 New For Sale

308 Kleinshore Road
Hot Springs, AR 71913

9 units | Multi Family Home
0.53 acres - MLS# 154775
Property Photo
1/28

Description

Don't miss this rare opportunity to own a 9-unit multifamily property on the beautiful shores of Lake Hamilton, offering immediate income and strong rental appeal. The property features a desirable unit mix with eight 2-bedroom apartments—some offering up to two bathrooms—and one 1-bedroom, 1-bath unit, providing flexibility for a variety of tenants. Boat slips are available for tenants to rent, giving residents the chance to fully enjoy lakefront living. Each unit is filled with natural light, creating warm, inviting spaces that tenants will love. Step outside to take in breathtaking lake views—an amenity that consistently drives demand and adds long-term value. Whether you're expanding your investment portfolio or looking for a dependable income-producing property in a prime waterfront location, this is an opportunity with both immediate returns and future potential.

Features

  • Property Type: Multi Family Home
  • Sub Type: Lakefront Apartment
  • Listing Status: Active
  • County/Area: Garland County
  • Zip Code: 71913
  • Year Built: 1980
  • Subdivision/Neighborhood: Unplatted Hot Springs S04-Twn3s-R19w
  • School District: Lake Hamilton
  • Sq.Ft.: 8,272 sq ft
  • Style: Traditional
  • Stories: 2 Story
  • Units: 9 units
  • Lot Size: 0.53 acres
  • Waterfront: Boat Slip
  • 1ba # Of Units: 6
  • 1br # Of Units: 1
  • 2ba # Of Units: 3
  • 2br # Of Units: 8
  • Approx Lot Size: . 53 Acres
  • Directions: Head West On 70w/Airport Rd. Turn Left Onto Sunshine Rd., Continue To Kleinshore Rd. Follow To 308.
  • Estimated Annual Taxes: 5771
  • Expenses Include: Insurance, Trash, Water/Sewer, Pest Control
  • Exterior Features: Deck, Partially Fenced, Patio
  • Floors: Laminate, Partial Carpet, Tile
  • Garage/Parking: Assigned, Carport, Parking Pads
  • Heating/Air Conditioning: Central Cool-Electric, Central Heat-Electric
  • Interior Features: Dryer Connection-Electric, Washer Connection, Fan-Ceiling
  • Kitchen Equipment: Built-In Stove, Dishwasher, Microwave
  • Lease Type: Yearly
  • Lot: Lake Front, Lake View
  • Road Surface: Paved
  • Roof: Composition
  • Source Of Square Feet: Courthouse
  • Tenant Expenses: Electric
  • Utilities: Electric-Entergy, Sewer-Public, Water-Public
Courtesy of Crye-Leike Realtors Hot Springs
Source: Hot Springs Board of REALTORS®

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In all our dealings with Realtors over the past ten years, we have never met anyone as helpful and energetic as you have been. Without hesitation, we would highly recommend your service to anyone who is looking for an experienced Realtor who cares about getting things done and doing them right! Thanks for taking such good care of us, we couldn't have done it without you! John and Rhonda Robinson
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4832 Central Ave   Hot Springs, AR  71913   501-525-4178
Office: hotspringsrealty.com

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