Lake Hamilton Cottages - 188 Lake Hamilton Drive, Hot Spring

WE BUY HOUSES FA$T !!!

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Lake Hamilton Cottages - 188 Lake Hamilton Drive, Hot Springs, AR

AVAILABLE FOR RENT TO OWN!!!

CUTE CUTE CUTE!!!
water front cottages on Lake Hamilton
walk to mall, 1 mile from wal-mart, 3.85 miles from Oaklawn race track

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FEEL FREE TO DRIVE BY:
188 LAKE HAMILTON DR, 71913.

188 Lake Hamilton Drive

EACH OWNER WILL HAVE EQUAL ACCESS TO THE WATER & THE BOARDWALK (proposed).

WE ARE WAITING ON ENTERGY TO APPROVE 6 JET SKI DOCKS AND 2 ADDITIONAL BOAT SLIPS. IF APPROVED, THEY WILL BE AVAILABLE FOR SALE TO PROPERTY OWNERS.

EACH UNIT WILL BE LIKE A CONDO, EXCEPT THE OWNER MAINTAINS THE ENTIRE STRUCTURE (and any deck or carport attached).

THE LAND IS HELD IN COMMON AMONG ALL OF THE OWNERS IN A HORIZONTAL PROPERTY REGIME (HPR: simply the legal structure that governs condos).

A PROPERTY OWNER'S ASSOCIATION (POA: made up only of property owners) WILL HAVE JURISDICTION OVER THE COMMON AREAS.

MANY OF YOU ARE PROBABLY FAMILIAR WITH A P.O.A. IF YOU LIVE IN ANY KIND OF DEVELOPED SUBDIVISION.

THE P.O.A. WILL HAVE ALL THE GROUNDS MAINTAINED, SO YOU DON'T HAVE TO WORRY ABOUT MOWING OR RAKING!
IT WILL ALSO COVER A COMMON DUMPSTER.

THIS IS DONE TO ENSURE THAT THE GROUNDS MAINTAIN A COMMON UNIFYING THEME. IT'S A VERY UNIQUE PLACE AND WE WANT TO KEEP IT BEAUTIFUL!

YOU GET THE GOOD THINGS FROM A CONDO DEVELOPMENT, BUT A LITTLE SPACE BETWEEN YOU AND YOUR NEIGHBOR.

THE PROPOSED BUILDINGS WILL BE 2 BED / 1.5 BATH TOWNHOMES.

THEY WILL BE BUILT TO MATCH THE EXTERNAL ASTHETICS OF THE EXISTING BUILDINGS.

WE WILL NOT BEGIN CONSTRUCTION ON THE PROPOSED TOWNHOMES UNTIL AT LEAST UNITS 1,2 & 3 ARE SOLD.

WE CAN DO PRE-SOLDS ON THE TOWNHOMES (units 5-8).

THERE WILL NOT BE RESTRICTIONS ON USING YOUR BUILDING AS YOU SEE FIT. FOR INSTANCE, IF YOU WANT TO RENT IT OUT DURING RACE SEASON, YOU CAN. YOU CAN LIVE IN IT YEAR ROUND, SPEND THE SUMMERS HERE, OR RENT IT OUT & NEVER SEE IT AT ALL. THIS ALLOWS YOU TO GET THE MOST OUT OF YOUR OWNERSHIP.

THERE WILL ALSO BE SPACE TO PARK A BOAT TRAILER.

WE HAVE USED 2 OF THE BUILDINGS AS WEEKLY/MONTHLY RENTALS. THEY STAY PRETTY FULL FROM JANUARY - OCTOBER (race season through lake season). #2 consistently rented for $600/wk and #3 for $500/wk. THE ONLY ADVERTISEMENT WE DID WAS VRBO.COM.

WE WILL PROVIDE A 1 YEAR 3RD PARTY WARRANTY WITH EACH BUILDING. THEY ARE ALL IN PRETTY GOOD SHAPE. YOU CAN DO WHATEVER YOU WANT TO THE INSIDE OF THE UNIT. ANY EXTERNAL CHANGES WILL HAVE TO BE APPROVED BY THE P.O.A. ARCHITECTURAL COMMITTEE (the developer until all units are sold).

The boat slip formed by the deck from unit #2 will sell with unit #2. It is included in the price.

these things are adorable!

units 1,2 & 3 have a full kitchen w/ refrigerator, full bathroom w/ stand up shower & washer & dryer!
there is some furniture in each one that can be part of the deal.

unit #4 has a garage but is not furnished (owner currently occupying).

1,2 & 3 have central heat & air.

#4 has two built in 15000btu combo heat/air units. it also has a basement garage.

units 5-8 will be brand new and have central heat & air

look at the gardens!

there are big fountains and ponds among the lush storybook landscaping.

multiple seating areas are nestled among the shady oak trees. read a book under the willow tree or catch some sun on the swimming platform!

we maintain the grounds so all you have to do is sit back and enjoy your surroundings!

CLICK HERE FOR PICTURES, DOCUMENTS & OTHER INFO

see vrbo.com for booking info