741 Park Ave - Hospitality FOR SALE


Hot Springs, AR 71901
$1,950,000 USD
501-359-3009
741 Park Ave, Hot Springs, AR for Sale
$1,950,000 USD
Hospitality - FOR SALE
1/106
null | 8.4% Cap Rate

741 Park Ave
Hot Springs, AR 71901


HIGHLIGHTS

  • Retro themed rooms
  • Fire pit seating area
  • Minutes from Bathhouse Row
  • Located in Opportunity Zone
  • Consistent year-round occupancy

OVERVIEW

Tucked into the foothills of the Ouachita Mountains and bordered by Hot Springs National Park, the Gold-Inn is a 19-room boutique motor lodge centered around a charming 1905 manor. This classic setup reflects the character of Park Avenue, a historic neighborhood known for its grand old homes and vintage mid-century motor courts. Originally owned by Samuel Fordyce, founder of Mountain Valley Spring Water, the property carries a legacy that lives on at the nearby Fordyce Bathhouses, now home to the National Park Visitor Center. From the Gold-Inn, it’s an easy 15-minute stroll to Central Avenue and Bathhouse Row, where the city’s rich spa culture comes to life. Perfectly positioned for exploring the region, the Gold-Inn is just minutes from local favorites like Oaklawn Racetrack and Casino, Magic Springs Theme and Water Park, and the serene Garvan Woodland Gardens. The inn also offers quick access to the Northwood Trails, featuring over 31 miles of world-class mountain biking routes through forests, hills, and lakeside terrain. Whether you’re a nature lover, history enthusiast, or mountain biking adventurer, the Gold-Inn is an ideal base for discovering Hot Springs’ scenic beauty and vibrant past.

FOR SALE DETAILS

PRICE

$1,950,000 USD

PRICE/SF

$217 USD /SF

# OF ROOMS

19

PRICE/ROOM

$102,632 {currency}

CAP RATE

8.4%

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Gold-Inn Hot Springs

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

1

ROOM ENTRANCE

Exterior

BUILDING CLASS

C

YEAR BUILT

1905

PARKING SPACES

22

LAND DETAILS

LAND ACRES

0.66 AC

LAND SF

28,750 SF

ZONING

CTR

APN/PARCEL ID

400-28600-004-000

ASK ABOUT THIS PROPERTY

Amber WhiteWhite Stone Real EstateMore Info
501-359-3009

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.

Amber WhiteWhite Stone Real EstateMore Info
501-359-3009

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.