SENIORS PROJECT BASED | OPTION 1 CONTRACT
Horvath & Tremblay is pleased to present the exclusive opportunity to purchase the multi-family investment property, known as Aristocrat Manor, located at 240 Central Ave in Hot Springs, AR (the “Property”). The multistory building contains one-hundred one (101) 1-Bedroom/1-Bathroom units with 88,926 square feet of gross living area. The Property is situated upon a 0.35-acre parcel and features seventy (70) off-street parking spaces. 240 Central Avenue is well-positioned in the heart of downtown Hot Springs, offering immediate access to the city’s primary commercial corridor, tourism district, and surrounding residential neighborhoods. The Property benefits from frontage along Central Avenue, also known as Arkansas Highway 7, the city’s main thoroughfare connecting downtown with regional routes. Positioned directly within the historic downtown corridor near Hot Springs National Park and the city’s well-known Bathhouse Row district, the property benefits from strong year-round tourism activity, walkable access to restaurants, retail, and entertainment venues, and proximity to the region’s primary economic and cultural attractions.