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    Renovated Multifamily Units in Hot Springs Title is generated by Realmo AI

    100-107 CALLI Lane, Hot Springs, AR 71913

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    Claim this Listing
    For Sale
    $1,999,999

    MULTI_FAMILY - Hot Springs, AR

    Property size:
    17,097 SF
    Price / SF:
    $116/SF
    Added:
    Apr 24, 2026
    Days on Market:
    65
    Last Refresh:
    Jun 27 at 3:06 pm

    Property Features for 100-107 CALLI Lane

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Bedrooms
    40
    Rooms
    Bedroom 17, Bedroom 24, Bedroom 19, Bedroom 16, Bedroom 30, Bedroom 2, Bedroom 25, Bedroom 5, Bedroom 3, Bedroom 20, Bedroom 6, Bedroom 36, Bedroom 9, Bedroom 34, Bedroom 4, Bedroom 39, Bedroom 13, Bedroom 21, Bedroom 10, Bedroom 28, Bedroom 1, Bedroom 33, Bedroom 37, Bedroom 15, Bedroom 32, Bedroom 27, Bedroom 14, Bedroom 7, Bedroom 29, Bedroom 26, Bedroom 22, Bedroom 31, Bedroom 18, Bedroom 8, Bedroom 12, Bedroom 23, Bedroom 38, Bedroom 11, Bedroom 35, Bedroom 40
    Interior features
    Dryer Connection-Electric, Hot Water Heater-Electric, Smoke Detector, Washer Connection, Fan-Ceiling
    Exterior features
    Partially Fenced, Guttering, Storage Building
    Fencing
    Partial
    Appliances
    Disposal, Dishwasher, Electric Range, Free-Standing Stove, Refrigerator Stays, Disposal, Dishwasher, Electric Range, Free-Standing Stove, Refrigerator Stays
    Standard status
    Active
    Size
    17,097 SF

    Taxes and HOA fees

    Tax Year
    2025
    Tax Description
    see legal description in online docs
    Tax Annual Amount
    12000

    Building Details

    Year built
    2001
    Floors in Building
    1
    Number of units
    7
    Roof type
    Shingle
    Architectural style
    Other
    Additional Structures
    Storage

    We can help!

    Contact an agent
    J. J. Tucker

    Listing agent J. J. Tucker License #SA00081227

    Listing office ESQ. Realty Group 422 W Grand Ave, Hot Springs, AR

    Listing date Apr 24, 2026

    MLS# 155185 Listing URL

    Copyright © 2026 Hot Springs Board of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • 7‑unit multi‑family package in Central Hot Springs, 100% occupied and grossing approximately $15k/month
    • Unit mix includes six 3BR/2BA duplexes plus one 2BR/2BA duplex with a garage
    • Tenants pay all utilities
    • New roofs installed in 2023 for all 7 units
    • Renovations include new appliances, new central heat/air, new floors, and updated fixtures
    • Exterior features include partial fencing, guttering, and a storage building

    Overview

    Located in central Hot Springs, this multifamily property features seven renovated and well-maintained units. The property is 100% occupied and generates approximately $15,000 per month in gross income. The unit mix includes six 3-bedroom, 2-bathroom duplexes and one 2-bedroom, 2-bathroom duplex with a garage. Tenants are responsible for all utility payments. All seven units received new roofs in 2023. Upgrades to all units include new appliances, central heat and air systems, flooring, and fixtures. The property size is 17,097 square feet.

    Local Financial Insights For Multifamily LT 5

    Simulate Cap Rate and NOI

    NOI Build-Up
    Vacancy
    income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
    EGI (Effective Gross Income)
    gross rent minus vacancy losses — the realistic income before paying operating costs.
    OpEx (Operating Expenses)
    recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
    NOI (Net Operating Income)
    income a property generates after operating costs but before financing and taxes.

    Component $ $/SF
    Gross rent $174.4k $10.20
    − Vacancy −$13.1k −$0.77
    EGI $161.3k $9.44
    − OpEx −$48.4k −$2.83
    NOI $112.9k $6.60
    17,097 SF · lease $10.20/SF/yr · vacancy 7.50% · expense 30.00%

    Alternative Uses

    Best Use
    Multifamily LT 5
    $1.61M
    $1.41M – $1.88M (±1% cap)
    NOI $112,917 @ 7.0% cap · market cap 5.65%
    Second Best
    Apartment 5plus
    $1.51M
    $1.32M – $1.76M (±1% cap)
    NOI $105,506 @ 7.0% cap · market cap 5.28%
    Theoretical Best
    Office A
    $3.13M
    $2.74M – $3.65M (±1% cap)
    NOI $218,869 @ 7.0% cap · market cap 10.94%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Gym & Fitness Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Hot Springs
    County
    Garland
    State
    Arkansas
    Longitude
    -93.055607
    Latitude
    34.454099

    FAQs

    What type of property is this?
    Duplex - Seven renovated units in central Hot Springs, fully occupied.
    Where is this duplex located?
    The property is located at 100-107 CALLI Lane Hot Springs, AR.
    What is the asking price?
    The asking price for this property is $1,999,999.
    What are key features of this property?
    This property features: 7‑unit multi‑family package in Central Hot Springs, 100% occupied and grossing approximately $15k/month; Unit mix includes six 3BR/2BA duplexes plus one 2BR/2BA duplex with a garage; Tenants pay all utilities
    More about this property
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