HOT SPRINGS BUSINESS, AR - 2060 AIRPORT RD

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Uploaded by on Oct 7, 2011

VISIT http://www.classifiedflyerads.com/ad/337535/ FOR DETAILS. We proudly offer this progressive piece of property in Hot Springs, AR. It is almost 30 acres with 82 pads and 120 feet of frontage on one of our main five lane highways, with an astonishing traffic count of 20,800! There is room for massive expansion on this prime piece of land. The commercial opportunities are abundant with this highly visible frontage. On the back side of the mobile home park there are additional fifteen undeveloped acres. There is enough room to add approximately 100 more spaces, which would increase the potential revenue by &162,000.00 annually. With the development costs of approximately $150,000.00, and doubling the existing operating costs, this would raise your cap rate to16.8 %. I am not taking into account the additional revenue generated from the frontage.

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