Poverty Point Escape

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Very rare for Lake Hamilton. This house will come with 270’+ feet of lake frontage and tie-up’s for 14 boats and a 12’x34’ boat slip. This property will also come with a Commercial License from Entergy Hydro (meaning you can run a commercial business on the property.) This house is in the county so there is no STR License required. It is a 4 bed 4 full bath with 3 of the beds with an en-suite. 10’ ceilings throughout. There is a master suite upstairs and downstairs. Chefs kitchen with two ovens, 10 burner cooktop, commercial 54” fridge, kitchen aid 18” ice maker, and a 40 sq ft island. Property comes fully furnished. Property is fully fenced with an 8’ metal privacy fence with personal boat ramp. Outdoor speakers on the patio. From front door to lake is only 9’. Can park 10+ vehicles at property. Also comes with an extra lot to build a 2bed/2 bath STR. Also two boats are available to buy (Cobalt and MasterCraft).



Number of Bedrooms
4
Number of Bathrooms
4
Property Sleeps
12
Parking
No
Home Size
3188 sq. ft.
Lot Size
1 acres
Amenities(tags)
Air Conditioning,Cable TV,Family / Kid Friendly,Fire Extinguisher,Gym,Heating,Internet,Pets Allowed,Smoke Detector,Washer / Dryer,Wheelchair Accessible,Wireless Internet,


Cost

Show amounts in this currency:
Sales Price
1350000 USD
Prior Year Gross Rental Amount
55000 USD
Rental Season
Always
Property Manager
Yes
Property Manager
Flat Fee


Rental Rates

Nightly
650 USD
Weekend Night
850 USD
Special Event
5000 USD
Weekly
4900 USD
Monthly
16000 USD

Rate Comments:

Lake Hamilton has recently been named one of the top lakes for entertainment in Arkansas. It has numerous restaurants and there are tons of coves to take your boat and post up. Also there are 5+ marinas. Property values consistently rise double digits every year.



Expenses

Annual Taxes
5800 USD
Annual Insurance
3500 USD
Annual Electric
3300 USD
Annual Heating
USD
Annual Water / Sewer
820 USD
Annual Garbage Removal
400 USD
Annual Telephone / Internet / TV
540 USD
Annual HOA fee
0 USD




Address
559 Charlie Stover Rd, Royal, AR 71968, USA

External Links




Contact the Owner

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