Exceptional investment opportunity on the shores of beautiful Lake Hamilton! This 9-unit multifamily property offers a strong income-producing investment in one of Hot Springs' most desirable waterfront locations. The property includes eight spacious 2-bedroom apartments, with several units featuring two full bathrooms, along with one comfortable 1-bedroom, 1-bath apartment to accommodate a variety of rental needs. Residents enjoy the added benefit of optional boat slip rentals, allowing them to experience the Lake Hamilton lifestyle right outside their door. Large windows throughout the apartments provide abundant natural light, while many units capture beautiful views of the lake, creating an inviting atmosphere that attracts and retains tenants. With its prime lakefront setting, excellent rental potential, and consistent tenant appeal, this property is an outstanding opportunity for investors looking to expand their portfolio with a well-positioned, income-generating asset that offers both immediate cash flow and long-term appreciation potential.
Exceptional investment opportunity on the shores of beautiful Lake Hamilton! This 9-unit multifamily property offers a strong income-producing investment in one of Hot Springs' most desirable waterfront locations. The property includes eight spacious 2-bedroomapartments, with several units featuring two full bathrooms, along with one comfortable 1-bedroom, 1-bath apartment to accommodate a variety of rental needs. Residents enjoy the added benefit of optional boat slip rentals, allowing them to experience the Lake Hamilton lifestyle right outside their door. Large windows throughout the apartments provide abundant natural light, while many units capture beautiful views of the lake, creating an inviting atmosphere that attracts and retains tenants. With its prime lakefront setting, excellent rental potential, and consistent tenant appeal, this property is an outstanding opportunity for investors looking to expand their portfolio with a well-positioned, income-generating asset that offers both immediate cash flow and long-term appreciation potential.
CARMLS #26030899
Jul 28, 2026
Listed
$1,400,000
$169/sq ft
CARMLS #26012955
Jul 9, 2026
Listing Removed
—
Jun 4, 2026
Price Changed
$1,400,000
$169/sq ft
Apr 1, 2026
Listed
$1,550,000
$187/sq ft
HSBOR #154775
Jun 4, 2026
Price Changed
$1,400,000
$169/sq ft
Apr 2, 2026
Listed
$1,550,000
$187/sq ft
As the MLS and public records start to fill up, we'll list the details here.
Public record
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Finished Sq. Ft.
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Total Sq. Ft.
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Year built
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Style
Condo/Co-op
County
Garland County
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Last updated by owner on Aug 5, 2026.
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
6/10 Heat Factor
7 days above 110° expected this year, 21 days in 30 years
4/10 Wind Factor
18% chance of strong winds in next 30 years
1/10 Air Factor
0 unhealthy days expected this year, 0 days in 30 years
Provided by First Street
Historical weather
Hot Springs, AR • 71913
Average low and high temperatures (°F)
50
31
60
39
73
50
78
58
80
62
89
73
95
75
92
70
87
66
80
56
68
48
56
40
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
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Dec
Sun exposure
91/ 100
Exceptional sunlight
Sunscore
This home receives average direct sun exposure in Hot Springs. There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
10.2 hrs
6.9 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 308 Kleinshore Rd
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