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Gold-Inn Hot Springs 741 Park Ave 19 Room Hotel Hot Springs, AR 71901 $1,850,000 ($97,368/Room) 8.28% Cap Rate

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INVESTMENT HIGHLIGHTS

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

EXECUTIVE SUMMARY

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.

FINANCIAL SUMMARY (PRO FORMA - 2025)

ANNUAL ANNUAL PER SF
Gross Rental Income $340,890 $37.99
Other Income - -
Vacancy Loss - -
Effective Gross Income $340,890 $37.99
Taxes - -
Operating Expenses - -
Total Expenses $187,800 $20.93
Net Operating Income $153,090 $17.06

FINANCIAL SUMMARY (PRO FORMA - 2025)

Gross Rental Income
Annual $340,890
Annual Per SF $37.99
Other Income
Annual -
Annual Per SF -
Vacancy Loss
Annual -
Annual Per SF -
Effective Gross Income
Annual $340,890
Annual Per SF $37.99
Taxes
Annual -
Annual Per SF -
Operating Expenses
Annual -
Annual Per SF -
Total Expenses
Annual $187,800
Annual Per SF $20.93
Net Operating Income
Annual $153,090
Annual Per SF $17.06

PROPERTY FACTS

Price $1,850,000
Price Per Room $97,368
Sale Type Investment
Cap Rate 8.28%
Property Type Hospitality
Property Subtype Hotel
Building Class C
Lot Size 0.66 AC
Building Size 8,974 SF
No. Rooms 19
No. Stories 1
Year Built/Renovated 1905/2025
Tenancy Single
Parking Ratio 2.79/1,000 SF
Corridor Exterior
Opportunity Zone Yes
Zoning CTR - Commercial Transitional (CTR)

AMENITIES

  • High Speed Internet Access
  • Patio
  • Public Access Wifi
  • Smoke-Free
  • Fully-Equipped Kitchen
  • Multi-Room Suites

ROOM MIX INFORMATION

DESCRIPTION NO. ROOMS DAILY RATE SF
Suite 6 $134.00 -
Guest Room 13 $124.00 -

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
400-28600-004-000
Land Assessment
$6,500
Improvements Assessment
$52,680
Total Assessment
$59,180
  • Listing ID: 37443197

  • Date on Market: 8/27/2025

  • Last Updated:

  • Address: 741 Park Ave, Hot Springs, AR 71901

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