End-Unit Residential Income
For Sale
$259,999
11 Emanuel Lane, Hot Springs Village, AR 71909
Residential, Townhouse, Hot Springs Village, AR
Property Size1,777 SF
Price / SF$146.31
Days on Market21
Property Features for 11 Emanuel Lane
General Information
Property type
Residential
Property subtype
Duplex
Bedrooms
3
Bathrooms
2
Full bathrooms
2
Rooms
Bathroom 2, Laundry Room, Bedroom 1, Bedroom 2, Bedroom 3, Bathroom 1
Parking features
Garage
Patio and Porch features
Porch, Deck
Interior features
Washer Connection, Washer-Stays, Dryer Connection-Electric, Dryer-Stays, Smoke Detector(s), Ceiling Fan(s)
Exterior features
Deck, Porch
Fireplace
1
Appliances
Microwave, Electric Range, Dishwasher, Disposal, Refrigerator-Stays
Subdivision
VILLA ALEGRE COURTS
Lot features
In Subdivision
Directions
From RE/MAX of Hot Springs Village, turn left onto Desoto Blvd, turn right onto Emanuel Circle, turn right onto Emanuel Lane.
Standard status
Active
Size
1,777 SF
Taxes and HOA fees
Tax Description
LOT 6 BLOCK 1 VILLA ALEGRE
Tax Annual Amount
1606
HOA Fee
$116 Monthly
Legal Description
LOT 6 BLOCK 1 VILLA ALEGRE
Amenities
fireplace
balcony
stainless steel appliances
Building Details
Year built
1986
Floors in Building
2
Flooring type
Carpet, Tile, Vinyl
Roof type
Shingle
Architectural style
Other
Listing Agency:
RE/MAX of Hot Springs Village · RE/MAX International
(501) 922-3777
Listed By:
Pamela Graves · License #SA00091782
(501) 209-0284
Added: Aug 15
Changed: Sep 4
Last Checked: Sep 4 at 5:06AM
MLS# 26033390
Copyright © 2026 Cooperative Arkansas Realtors Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This two-level end-unit townhome offers 1,777 square feet with three bedrooms and two bathrooms. The main level includes the primary bedroom, a walk-in closet, walk-in shower, laundry closet, kitchen, dining area, and living room. A wood-burning stone fireplace anchors the living space, while patio doors open to a balcony. The lower level contains two additional bedrooms and a bathroom with a tub and shower combination.
The kitchen includes stainless steel appliances, an eat-in area or breakfast nook, and a dining area nearby. Additional features include carpet, vinyl, and tile flooring; ceiling fans; smoke detectors; a deck; a porch; and an attached garage. The property was built in 1986 and has a shingle roof. It is located near the West Gate, DeSoto Club, DeSoto Outdoor Pool, and pickleball courts in Hot Springs Village.
The kitchen includes stainless steel appliances, an eat-in area or breakfast nook, and a dining area nearby. Additional features include carpet, vinyl, and tile flooring; ceiling fans; smoke detectors; a deck; a porch; and an attached garage. The property was built in 1986 and has a shingle roof. It is located near the West Gate, DeSoto Club, DeSoto Outdoor Pool, and pickleball courts in Hot Springs Village.
Key Highlights
- 1,777‑square‑foot two‑level end‑unit townhome
- Three bedrooms and two bathrooms
- Main‑level primary suite with walk‑in closet and walk‑in shower
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$10,966
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
4.22%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$219,320
$219.3K
Cap Rate 7%
$156,657
$156.7K
Cap Rate 9%
$121,844
$121.8K
Market Conditions
NOI Build-Up for 1,777 SF
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.
Gross rent
$21.3K $12.00/SF
− Vacancy
−$1.4K −$0.78/SF
EGI
$19.9K $11.22/SF
− OpEx
−$9.0K −$5.05/SF
NOI
$11.0K $6.17/SF
Area
Garland County, AR
Vacancy
6.50%
Lease Rate
$12.00 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$219,320
Cap Rate 7%
$156,657
Cap Rate 9%
$121,844
Alternative Uses
Best Use
Apartment 5plus
$156.7K
$137.1K – $182.8K
NOI $10,966 @ 7.0% cap · market cap 4.22%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$325.0K
$284.4K – $379.1K
NOI $22,748 @ 7.0% cap · market cap 8.75%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
1
Residential units
Location Intelligence
Trade Area within ½ mile
72
Businesses Nearby
Explore this area
Business Placement
Demographics for 71909, AR
17,935
Population
10,563
Households
1.7
Avg Household Size
67
Median Age
33%
College-Educated
97%
High-School Grad
79.3 sq mi
ZIP Area
226
Density / Sq Mi
$69,171
Median Household Income
$31,165
Median Earnings
$1,143
Median Rent
$255,600
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Residential income property - Two-level townhome with a main-level primary suite, wood-burning fireplace, balcony, deck, and garage.
Where is this residential income property located?
The property is located at 11 Emanuel Lane Hot Springs Village, AR.
What is the asking price?
The asking price for this property is $259,999.
What are key features of this property?
This property features: 1,777‑square‑foot two‑level end‑unit townhome; Three bedrooms and two bathrooms; Main‑level primary suite with walk‑in closet and walk‑in shower
