Property Description:
This 4-bedroom, 2-bath home spans 1,793 sq ft and includes thoughtful upgrades throughout. Located within walking distance to a splash pad park and elementary school, the home features a spacious layout and durable finishes.

Property Features:

• 4 Bedrooms / 2 Bathrooms
• 1,793 Sq Ft
• All-black appliances
• Granite countertops
• Water softener
• Washer and dryer included
• Gun safe installed
• Walking distance to park and elementary school

Utilities & Terms:

• Water and electricity will remain in the owner's name, but tenants are responsible for usage costs
• Tenants are responsible for lawn maintenance
• Tenants must refill the water softener tank with salt as needed

Hot Springs, Arkansas has implemented detailed regulations for non-owner-occupied short-term rentals (STRs) to address community concerns and ensure compliance with local laws. Below is a summary of the key regulations:

Licensing and Permits

1. Business License: STR owners must obtain a business license annually, with renewal due on January 1 each year23.
2. Special Use Permit: Non-owner-occupied STRs in residential zones require a conditional-use permit2.
3. Certificate of Occupancy (CO): A CO inspection is mandatory for new STR licenses or when occupancy limits change35.
4. Fees: The annual permit fee for non-owner-occupied STRs is $1503.

Caps and Zoning

1. Residential STR Cap: Hot Springs limits the number of STRs in residential zones to 700 annually56. This cap excludes properties in commercial zones or condominiums.
2. Neighborhood Density: While there is no specific protection for individual blocks, the city aims to limit overall density within neighborhoods1.

Operational Requirements

1. Local Contact Person: Each STR must have a local property manager available 24/7 who can respond on-site within 60 minutes to address issues25.
2. Parking: Two off-street parking spots are required per property12.
3. Occupancy Limits: Maximum occupancy is set at two persons per bedroom plus two additional occupants25.
4. Compliance with City Codes: STRs must adhere to solid waste management and noise ordinances15.

Inspections and Penalties

1. Inspections: Initial inspections are mandatory, but annual inspections are not required unless occupancy changes or compliance issues arise13.
2. Penalties for Violations:
   • First offense: Up to $1,000.
   • Second offense: Up to $2,000.
   • Subsequent offenses: Up to $4,000, with potential shutdown of the STR1.

Additional Requirements

1. Good Neighbor Brochure: STR owners must provide renters with guidelines on city rules and neighborhood expectations1.
2. Posting Regulations: Important city requirements must be visibly posted within the rental property4.