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Property Description

Presenting the opportunity to acquire Lake Ouachita Shores Resort and Marina located on the southwest shore of beautiful Lake Ouachita, in west/central Arkansas. You will purchase the title to 10 docks consisting of 437 total annually rented slips, the ship store, 10 transient slips at the 5-pump gas dock, and a 3-boat rental slips dock next to the ship store. Ownership of the docks is tied to a lease with the Corp of Engineers set to expire in August 2034. The lease consists of 80 acres of upland including all structures thereupon. Structures include a 20-room lodge, an A-frame residence, a manager’s residence, a 15-pad trailer park, marina parking, and a boat ramp.

Location: 359 Ouachita Shores Parkway, Mount Ida, Arkansas. It is approximately 30 minutes west of Hot Springs, Arkansas, and an hour and a half west of Little Rock. Major airports are in both Little Rock and Hot Springs. This marina has easy access and is the closest marina to the main US Hwy 270. Lake Ouachita is a large lake fully in Arkansas consisting of 46,000 acres and 690 miles of shoreline and is surrounded by Ouachita National Forest.

Investment Opportunity: This is a well-maintained resort with minimal deferred maintenance. Slips historically stay fully leased with a waiting list. The seller will begin constructing two more docks in January to be completed by April consisting of 40 covered slips and 4 uncovered slips each. There is room for up to about 200 more slips for the new owner. There is a plan in place to add more RV pads throughout the 80 acres.

Investment Highlights

437 Slips Including Transient and Boat Rental Slips                                           

Value-add Opportunity – Add More Slips and RV Pads                                      

High Occupancy Rental History                                                                         

Limited Access Lake                                                                                            

Approximately 1.2 Million People Visit the Lake Annually                                   

Lake Ouachita Shores Resort & Marina

Mount Ida, Arkansas

$10,950,000
Basic Details
Status : Available
Price : $10,950,000
Listing Type : Public
Wet Slips : 437
Ownership : Leasehold
Country : United States
State : Arkansas
Acres : 80
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Advisor
Jeff Spilman
Leisure Investment Properties Group, LLC
17539 Darby Lane, Tampa, FL 33558
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17539 Darby Lane | Tampa, FL | 33558

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