5703 CENTRAL AVENUE, Hot Springs, AR 71913

Apartment
IDR Rp17,904,690,951
USD $994,400
Published on: 22 May 2026
Last updated on: 29 May 2026
5703 CENTRAL AVENUE, Hot Springs, AR 71913
5703 CENTRAL AVENUE, Hot Springs, AR 71913
5703 CENTRAL AVENUE, Hot Springs, AR 71913
+45
5703 CENTRAL AVENUE, Hot Springs, AR 71913
  • 45
Property ID: 110108197177
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MULTI_FAMILY - Hot Springs, AR

5703 CENTRAL AVENUE, Hot Springs, AR 71913
First 18 pictures are rendering's of how it could look. "Great investment opportunity, with 19 units in prized Lakeside School District and a quarter miles access to Lake Hamilton. Renovate the units or use our architectural blue prints to increase unit sq ft and overall value. Total units 19: total built out units 18 with 8 units via 4 duplexes in the back of the property and 10 finished units and 1 unfinished unit in the front building. Recently converted to condos giving investor opportunity to sell for higher LTV down the road. Renovate then lease all yearly or even all Airbnb (no permit req'd as located in Garland County, outside of city of Hot Springs limits) and/or sell all units. The investor would own the entire condo association and all units in it." If renovated into the plans, the investor would have: 8 3 bed/2.5 baths, 8 2 bed/2 baths, and 3 1 bed/1.5 baths. We envisioned having the main building be accessible on Central with a slider gate at the front and fencing around, then adding either carports or garages (11) parallel to the 11 unit main building. Then in for the back 8 units, have another gate entering from Long Beach with 8 covered parking or garages.

Property Details

Basic Info

Property Type
Apartment
Listing Status
Active
Land Size
2,387.65 m2
Building Size
1,286.34 m2
Num Floors
1
County
Garland
Provider
Cooperative Arkansas Realtors Multiple Listing Service
Subdivision
Metes & Bounds
Brokerage Office Name
Baxley-Penfield-Moudy Realtors
Brokerage Office Phone
(501) 315-5000
Neighbourhoods
Metes & Bounds
Address
5703 CENTRAL AVENUE, Hot Springs, AR 71913

Nearby Schools

TypeSchool nameDistrict name
ElementaryLakesideNot available
Contact Agent
Greg Calaway
Baxley-Penfield-Moudy Realtors
3525 Highway 5 N Suite 100, Bryant, AR 72019
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Greg Calaway
3525 Highway 5 N Suite 100, Bryant, AR 72019
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      Property ID: 110108197177

      Original Property ID: 3yd-CARMLS-26020486
      Data provided by Cooperative Arkansas Realtors Multiple Listing Service, MLS #: 26020486
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