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For Sale

741 PARK Avenue

741 PARK Avenue, Hot Springs, AR 71901

$1,850,000
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 setup 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 turn-key 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.

8,974 Sq.Ft. LIVING AREA

0.66 Acres lot

Amber  White

Amber White

Features & Amenities

Interior

  • Flooring Tile, Vinyl
  • other interior Features Janitor Services, Equipment (See Remarks), Inventory (See Remarks), Window Treatments

Area & Lot

  • Status For Sale
  • Living Area8,974 Sq.Ft.
  • Lot Area0.66 Acres
  • MLS® ID152314
  • TypeCommercial
  • YEAR BUILT1920
  • NeighborhoodHot Springs

Exterior

  • STORIES2
  • water SourceWater-Public
  • utilitiesElectric, Gas-Natural, Cable / TV / Satellite
  • roofArchitectural Shingle
  • AIR CONDITIONINGWindow Units
  • SubstructureSlab, Slab/Crawl Combination
  • other exterior FeaturesPartially Fenced, Pole Sign

Financial

  • Sales Price$1,850,000
  • Real Estate Tax $5,818/yr
  • Zoning C-TR C-Trans District
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Schedule a Showing

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Thank you for your interest in 741 PARK Avenue, Hot Springs, AR 71901. We are reviewing your request and will be in touch shortly!

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