Hot Springs, AR Apartment Buildings for Sale

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Updated: Aug 8

Remodeled Six-Unit Apartment Building

121 SECOND Street, Hot Springs, AR 71913

$399,999

4,610 sqft 0.08 AC lot

Six apartment units arranged across main, upper, and basement levels
4,610 square feet on a 0.08‑acre lot
Updated electrical and plumbing systems
Newer shingle roof, replacement windows, and most doors replaced
Separately metered electricity for each apartment

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Here's a quick look at some key insights for

121 SECOND Street, Hot Springs, AR 71913

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Est. Cap Rate

7.1%
Above avg (5.9%)
Est. NOI

$28K
Annual
Price @ 7% Cap

$406K
Above asking
Property Type

Apartments (Generic)
Built 1946

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Updated: Aug 15

Two-Story 12-Unit Apartment Building

416 Campbell St, Hot Springs, AR 71913

$895,000

9,656 sqft 1.12 AC lot

12‑unit apartment property totaling 9,656 square feet
Two‑story layout with six units on each level
All units offer two bedrooms and one bathroom
Units average approximately 805 square feet
Paved off‑street tenant parking

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Lakefront 9-Unit Apartment Building

308 Kleinshore Road, Hot Springs, AR 71913

$1,400,000

8,272 sqft 0.53 AC lot

Lakefront apartment building with optional boat slip rentals, featuring eight 2-bedroom units and one 1-bedroom unit.

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Multifamily Duplex and House

105 & 109 Pocola, Hot Springs, AR 71913

$1,250,000

10,890 sqft 1.27 AC lot

For sale investment property built in 2023 with three duplexes and one single-family residence.

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Lake Hamilton Townhomes with Boat Slips

203 Thornton Ferry Road, Hot Springs, AR 71913

$4,700,000

13,200 sqft

New construction townhomes on Lake Hamilton with rooftop patios.

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Elevator-Served Apartment Building

125 OAK Street, Hot Springs, AR 71901

$2,945,000

64,710 sqft

Elevator- and ADA-accessible apartment building with 31 units, including a common coin laundry and sprinkler fire suppression.

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Six-Unit Remodeled Apartment Building

121 Second Street, Hot Springs, AR 71913

$399,999

4,610 sqft 0.08 AC lot

Updated electrical, plumbing, roofing, windows, and most doors support the building’s six separately metered apartments.

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Lakefront Apartment Building

308 Kleinshore Road, Hot Springs, AR 71913

$1,400,000

Multifamily property with varied apartment layouts and optional boat slip rentals.

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Multifamily Property with Barn

468 ROCKDALE ROAD, Hot Springs, AR 71901

$1,700,000

6,396 sqft 12.00 AC lot

Twelve-acre property with multiple rental residences, agricultural improvements, a stocked pond, and substantial storage facilities.

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Seven-Unit Apartment Building

100-107 Calli Lane, Hot Springs, AR 71913

$1,999,999

17,097 sqft 1.77 AC lot

Renovated seven-unit apartment complex with central heat/air upgrades and tenants paying all utilities.

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Leased Multifamily Property For Sale

100 Calli Lane, Hot Springs, AR 71913

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17,097 sqft

100% leased multifamily property with approximately 17,000 square feet.

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Renovated Apartment Building with New Roofs

100-107 CALLI Lane, Hot Springs, AR 71913

$1,999,999

17,097 sqft

Seven-unit apartment building with 2023 new roofs and central heat/air, all units occupied.

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Lakefront Condo With Balcony

740 Weston Road, Hot Springs, AR 71913

$219,900

1,140 sqft

Two-bedroom, two-bath condo with lake views, balcony, fireplace, and assigned parking.

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31-Unit Apartment Building with Elevator

125 OAK Street, Hot Springs, AR 71901

$2,945,000

Historic multifamily property with venue rooms, ADA access, and separately metered electric service.

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6-Unit Apartment Building

627 QUAPAW Avenue, Hot Springs, AR 71901

$348,000

Partially occupied residential income property with additional land and proximity to shopping, dining, and downtown.

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Hot Springs Multifamily Investment

416 Campbell St, Hot Springs, AR 71913

Contact for pricing

9,656 sqft

Multifamily property in Hot Springs, Arkansas.

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Roof-Replaced Apartment Community

605 Higdon Ferry Rd, Hot Springs, AR 71913

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111,172 sqft

139-unit workforce apartment community with 98% physical occupancy and roof and HVAC upgrades across eight buildings.

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Based on your search, we've compiled Potential Opportunities for your consideration. Besides 17 Active Listings in Hot Springs, AR, we suggest to view alternatives - similar 8 Off-Market properties to explore as potential leads.

Off-Market Properties in Hot Springs, AR

Consider similar Off-Market properties in Hot Springs, AR. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

Multifamily properties

119 Rugg St, Hot Springs, AR 71901

Value Estimation by Request

2,544 sqft

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Multifamily properties

119 Oak St, Hot Springs, AR 71901

Value Estimation by Request

50,438 sqft 1.15 AC lot

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Multifamily properties

141 Britt Ln, Hot Springs, AR 71913

Value Estimation by Request

9,470 sqft 1.00 AC lot

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Multifamily properties

240 Indian Springs Rd, Hot Springs, AR 71901

Value Estimation by Request

8,562 sqft

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Multifamily properties

111 Shadow Ter, Hot Springs, AR 71901

Value Estimation by Request

2,050 sqft

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HIGH-RISE APARTMENTS

Oriole St, Hot Springs, AR 71901

$1,785,000

Estimated value

3,000 sqft 0.63 AC lot

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HIGH-RISE APARTMENTS

126 Oriole St, Hot Springs, AR 71901-3047

$1,795,000

Estimated value

63,200 sqft 2.42 AC lot

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Hot Springs, AR Apartment Buildings Market Trends and Statistics

Explore 25 apartment buildings for sale in Hot Springs, AR, showcased through 17 active listings on our real estate platform. These investment opportunities span a total of 295,603 square feet of properties for sale, with an estimated market value of $22,602,896.

Sale prices for two-family homes in Hot Springs, AR start at $219,900, averaging $1,614,492, and reaching up to $4,700,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Demographics Overview

Population 95K

Population Growth (5Y) +5.1%

Median Household Income $57,120

College Educated 14.7%

High-Yield Neighborhoods for Investment

Identify Hot Springs submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood	Average Price
Hot Springs National Park - 71901	$1.3M
Hot Springs National Park - 71913	$1.8M

Listings Trend

New vs delisted commercial listings in Garland County

New Delisted

Total CRE Inventory on Market (SF)

Property Size Breakdown

The majority of commercial real estate listings in Hot Springs fall within the 100,000+ square foot range.

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