Moorings condominiums . . . located at 250 Grand Isle Drive in the "7South" area. There are about 35 two bedroom/two bathroom 1,050 sf units here, which were built in 1984. This complex has a pool and tennis court for use by its owners. This complex has beautiful grounds with plenty of green space, making it a great place for pets to have room for outdoor play (and of course supervised with leash rules in place by the POA - which is a standard rule at most condo complexes).
Each owner has one covered boat slip, and plenty of uncovered parking. The By-Laws established by the Property Owners Association (POA) will allow rentals with a minimum of one month lease.
The price of these two-bedroom units are about $185,000 to $225,000. The current monthly POA fees are $190/month plus a $200/annual fee, which covers the general maintenance for the grounds, pool, tennis court, exterior of the buildings, boat dock, and also includes trash pickup, water/sewer, termite policy, insurance on the buildings, etc. New roofs were installed on all buildings in 2009, and new shake shingle vinyl siding was installed on all buildings in 2011 ... giving this complex a really nice, updated appearance. It's one of our favorite condo complexes in Hot Springs!
Below is a tour of one of the units in this complex that we recently sold. If you are interested in owning a unit here, please let us know and we'll be glad to help more.
Disclaimer: We are not associated with the POA here, nor do we manage any of the homes for lease.