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857 and 859 Park Avenue
Hot Springs National Park, AR 71901
 Multifamily Property For Sale · 16 Units

Apartment Buildings Arkansas Hot Springs National Park 857 and 859 Park Avenue, Hot Springs National Park, AR 71901

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Executive Summary

This package deal is the perfect canvas for investors looking to restore a piece of Spa City history. Properties included: * The Lynwood Motel & Duplex (857 & 859 Park Ave): This 1942 classic court is on the Historic Registry and includes 16 vintage units, a 160 sqft. office, and a historic 1471 sqft. family residence (built in 1890). * Commercial Space (865 A & B Park Ave): Two units featuring high-visibility Park Avenue frontage, perfect for boutique retail or professional office use. * The Pullman Units (105 & 107 Pullman Ave): Situated just off Park Avenue, offering quiet residential, long-term, or short-term rental flexibility. Whether for cash flow or redevelopment, this is a rare opportunity to claim a major footprint in historic Hot Springs.

Property Facts

Price Per Unit $132,666 CAD Building Class C
Sale Type Investment Lot Size 0.39 AC
No. Units 16 Building Size 6,396 SF
Property Type Multifamily No. Stories 1
Property Subtype Apartment Year Built 1890
Apartment Style Low-Rise Opportunity Zone Yes
State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Price Per Unit $132,666 CAD
Sale Type Investment
No. Units 16
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low-Rise
Building Class C
Lot Size 0.39 AC
Building Size 6,396 SF
No. Stories 1
Year Built 1890
Opportunity Zone Yes
State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.

Amenities

Unit Amenities

  • Air Conditioning
  • Heating
  • Sprinkler System
  • Tub/Shower
  • Window Coverings

Site Amenities

  • 24 Hour Access
  • Controlled Access
  • Tenant Controlled HVAC
  • Online Services
  • Smoke Detector

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
Studios 16 - 500

Property Taxes

Parcel Number 400-28700-006-000C Improvements Assessment $57,170 CAD
Land Assessment $15,504 CAD Total Assessment $72,674 CAD

Property Taxes

Parcel Number
400-28700-006-000C
Land Assessment
$15,504 CAD
Improvements Assessment
$57,170 CAD
Total Assessment
$72,674 CAD
 

  • Listing ID: 41176670

  • Date on Market: 2026-07-06

  • Last Updated:

  • Address: 857 and 859 Park Avenue, Hot Springs National Park, AR 71901

The Multifamily Property at 857 and 859 Park Avenue, Hot Springs National Park, AR 71901 is currently available for Sale. Contact McGraw Realtors - Hot Springs for more information.

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