Remarks

Seize this unique investment opportunity with six newly constructed cabins on 3 acres, ideally located next to Core of Engineers land and just one mile from the Arlie Moore boat ramp on DeGray Lake. Each cabin offers 1 bedroom, a beautiful oversized loft area, a full bathroom, and an inviting open-concept kitchen and dining area, complete with an electric fireplace for added charm. Currently being used as short-term rentals, the property is perfectly situated only 20 miles from Oaklawn Racetrack and Casino as well as Arkadelphia, home to both Henderson State and Ouachita Baptist Universities. Three of the cabins are fully finished, furnished, and actively rented, with all future bookings included in the sale. The remaining three cabins are awaiting some finish work, and the seller is providing a substantial amount of building materials to complete them. An additional site with electricity across the road offers even more potential for expansion. This versatile setup offers significant revenue potential and is a prime opportunity for investors looking to capitalize on the thriving tourism and recreation in the area. Agents see showing remarks

Details

MLS#: 24041469
Price: $800,000

Style: Built To Suit
Sq Ft: 4200
Year Built: 2022

County: Hot Spring
Subdivision: Metes & Bounds
Lot Size: 130680
Tax Fee: 1683.25