Hot Springs Village, America’s largest master planned community, (nearly 27,000 acres), has several unique opportunities for both home builders and hotel operators. Owned and managed by the debt free HSV Property Owners Association, this gated community is about an hour from Little Rock, AR. Surrounded by a National Park and only 6 miles from Hot Springs with more than 2m annual visitors, this community is poised for growth. Two commercial studies show demand for 3 on-site hotels, one four star full service and two, three star, (Hampton Inn or similar), that will enjoy 95% annual occupancy. There is only one branded hotel in the market, a Courtyard by Marriott.
More than 650, 2015 property sales, among the 12,000 owners of more than 9,000 homes are served by only one, mom & pop builder. There is also high demand for more home builders. The POA owns and controls more than 5,000 building sites, on paved roads with utilities in place. All amenities are in and operational. They include; 8 Troon & 1 Club Corp golf courses, 7 lakes, hiking & walking trails, Base camp and much more.
ROI’s above 8% are very realistic. Site subordination for models and or hotel pads are possible options. The POA is aggressively accepting LOI’s from qualified builder & hotel partners.