$4,250,000
UNDER CONTRACT

Estimated payment $25,197/month

Total Views 579
-- Bed
-- Bath
44,576 Sq Ft
$95 Price per Sq Ft

Highlights

  • 2.13 Acre Lot
  • Central Heating and Cooling System
  • Level Lot
  • Lake Hamilton Elementary School Rated 9+
  • Partially Fenced Property
  • Carpet

About This Home

Looking for a premiere investment property? We found it! Majestic Townhomes is a 41 unit multi-family, gated community containing 40 2 bedroom and 2.5 bath units and one 2 bedroom 1 bath flat. 21 of the units were completely remodeled in 2020. Another 20 units were built in 2021! This development is located in the heart of the Lake Hamilton School District and is convenient to shopping, restaurants, medical facilities and public lake access to the shores of Lake Hamilton.

Listing Agent

Scott Garibay

Hot Springs Realty Listed on: 03/04/2025

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $24,467

Year Built

  • Built in 2021

Lot Details

  • Partially Fenced Property

Parking

  • Parking Pad

Home Design

  • Brick Exterior Construction
  • Slab Foundation
  • Composition Roof
  • Metal Siding

Interior Spaces

  • 44,576 Sq Ft Home
  • 2-Story Property
  • Sheet Rock Walls or Ceilings
  • Insulated Windows
  • Insulated Doors
  • Washer Hookup

Kitchen

  • Stove
  • Recirculated Exhaust Fan
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Vinyl

Home Security

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater
  • Cable TV Available

Community Details

  • 41 Units
  • Fire and Smoke Detector

Listing and Financial Details

  • Assessor Parcel Number 100-13583-000

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$24,467

Year Built

Built in 2021

Lot Details

0

Listing Details

  • Class: Multi-Family
  • Style: Townhouse
  • LVT Date: 03/11/2025
  • Price Per Sq Ft: 95.34
  • Road Surface: Paved
  • Type: Apartments
  • Warranty: Normal Wrkng Ordr, As O&a
  • Source Of Sq Ft: Tax Records
  • Estimated Year Built: 2021
  • Special Features: UnderContract
  • Property Sub Type: Townhouses
  • Year Built: 2021

Interior Features

  • Floors: Partial Carpet, Vinyl
  • Foundation: Slab
  • Stories: Two Story
  • Interior Amenities: Washer Connection, Dryer Connection-Electric, Hot Water Heater-Electric, Smoke Detector
  • Walls: Sheet Rock
  • Ceiling: Sheet Rock
  • Kitchen Equipment: Free-Standing Stove, Microwave, Dishwasher, Disposal, Exhaust Fan

Exterior Features

  • Exterior: Brick, Metal/Vinyl Siding
  • Roof: Composition
  • Exterior Features: Partially Fenced, Guttering, Dumpster

Garage/Parking

  • Garage/Parking: Parking Pads

Utilities

  • Utilities: Sewer-Public, Water-Public, Electric-Municipal, Tv-Cable
  • Heating And Air Cond: Central Cool-Electric, Central Heat-Electric

Lot Info

  • Estimated Lot Size: 2.13
  • Estimated Lot Size: 92783
  • Lot: Level
  • Geo Subdivision: AR
  • Parcel Number: 100-13583-000

Green Features

  • Energy Features: Insulated Windows, Insulated Doors

Rental Info

  • Lease Type: Yearly

Multi Family

  • Tenant Expenses: Electric, Cable
  • Maximum Rent Two Bedroom: 1150
  • Minimum Rent Two Bedroom: 995
  • Number Of Two Bedroom Units: 41
  • Number Units: 41

Tax Info

  • Annual Taxes: 24467
  • Year: 2024

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/04/2025 03/04/25 For Sale $4,250,000 +391.3% $95 / Sq Ft
05/25/2018 05/25/18 Sold $865,000 -27.9% $38 / Sq Ft
01/10/2018 01/10/18 For Sale $1,200,000 -- $52 / Sq Ft
Source: Cooperative Arkansas REALTORS® MLS

Source: Cooperative Arkansas REALTORS® MLS

MLS Number: 25009331

Cooperative Arkansas REALTORS® MLS