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Historic Hot Springs Hotel Put On Auction Block

A real estate auctioneer says the Majestic Hotel complex will be for sale until next month. A large fire ripped through the historic hotel in February, prompting the city to raze part of the complex and condemn the rest. Rubble has piled along Park Avenue since the blaze. Don Erler with Sperry Van Ness tells The Sentinel-Record (http://bit.ly/1rsspIQ ) they were approached by Garrison Hassenflu, who's the manager of a company that owns the Majestic Hotel complex. Erler says Hassenflu wants to offer the Majestic Hotel properties with a starting bid of more than $1.2 million. Erler says the auction of the 5.2-acre site will end on Nov. 12. The state's department of environmental quality has approved a cleanup plan for the site. Work is expected to begin later this month. ---

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