Willow Beach Resort | 260 Lake Hamilton Dr
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Willow Beach Resort 260 Lake Hamilton Dr
18 Room Hotel Hot Springs, AR 71913 $6,329,003 CAD ($351,611 CAD/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 | $6,329,003 CAD | Building Size | 94,655 SF |
| Price Per Room | $351,611 CAD | No. Rooms | 18 |
| Sale Type | Investment | No. Stories | 1 |
| Property Type | Hospitality | Year Built | 1950 |
| Property Subtype | Hotel | Parking Ratio | 0.7/1,000 SF |
| Building Class | C | Corridor | Exterior |
| Lot Size | 1.70 AC |
| Price | $6,329,003 CAD |
| Price Per Room | $351,611 CAD |
| 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 |
| No. Stories | 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 | $80.80 CAD | - |
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PROPERTY TAXES
| Parcel Number | 300-09038-000 | Improvements Assessment | $205,523 CAD |
| Land Assessment | $242,768 CAD | Total Assessment | $448,291 CAD |
PROPERTY TAXES
Parcel Number
300-09038-000
Land Assessment
$242,768 CAD
Improvements Assessment
$205,523 CAD
Total Assessment
$448,291 CAD
zoning
| Zoning Code | C |
| C |
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Willow Beach Resort | 260 Lake Hamilton Dr
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