Three-Bedroom, Two-Bath Duplex
For Sale
$117,500
144 La Vista Lane, Hot Springs Village, AR 71909
CONDOS - Hot Springs Village, AR
Property Size1,350 SF
Lot Size0.03 Acres
Price / SF$87.04
Days on Market15
Property Features for 144 La Vista Lane
General Information
Property type
Residential
Property subtype
Duplex
Bedrooms
3
Bathrooms
2
Full bathrooms
2
Rooms
Den, Bedroom 3, Bedroom 1, Bedroom 2, Bathroom 1, Bathroom 2
Appliances
Microwave, Electric Range, Dishwasher, Refrigerator-Stays
Subdivision
Desoto Courts #2
Lot features
Level
Directions
From DeSoto Blvd turn left onto Emperado Way then turn left onto La Vista Ln.
Special listing conditions
Short Sale
Standard status
Active
Size
1,350 SF
Lot size
0.03 Acres
Taxes and HOA fees
Tax Description
Lot 144, Block 2
Tax Annual Amount
184
HOA Fee
$87 Monthly
Legal Description
Lot 144, Block 2
Building Details
Year built
1971
Floors in Building
2
Flooring type
Tile, Laminate, Carpet
Roof type
Composition
Architectural style
Other
Listing Agency:
LPT Realty · RE/MAX International
(501) 291-3841
Listed By:
Brandon Bruning · License #SA76330-D01
(479) 857-5994
Added: Jul 29
Changed: Aug 5
Last Checked: Aug 12 at 9:06PM
MLS# 26030740
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.
Updated three-bedroom, two-bath townhome offered as a short sale. The interior features durable LVP flooring throughout, along with laminate, carpet, and tile surfaces. The updated kitchen is supported by built-in storage throughout the home, and the layout includes a den plus two bathrooms and three bedrooms. Appliances include a microwave, electric range, dishwasher, and refrigerator (refrigerator stays).
The property sits on a 0.03-acre lot and totals 1,350 square feet, with a composition roof and a 1971 build year. It is located next to the De Soto Golf Course and just moments from Lake De Soto in Hot Springs Village, AR.
Offers are subject to bank approval, making this an opportunity for qualified buyers to schedule a showing.
The property sits on a 0.03-acre lot and totals 1,350 square feet, with a composition roof and a 1971 build year. It is located next to the De Soto Golf Course and just moments from Lake De Soto in Hot Springs Village, AR.
Offers are subject to bank approval, making this an opportunity for qualified buyers to schedule a showing.
Key Highlights
- 0.03‑acre lot and 1,350 SF townhome layout
- Three bedrooms and two bathrooms
- LVP flooring throughout plus laminate, carpet, and tile
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
$8,916
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
7.59%
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%
$178,320
$178.3K
Cap Rate 7%
$127,371
$127.4K
Cap Rate 9%
$99,067
$99.1K
Market Conditions
NOI Build-Up for 1,350 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
$13.8K $10.20/SF
− Vacancy
−$1.0K −$0.77/SF
EGI
$12.7K $9.44/SF
− OpEx
−$3.8K −$2.83/SF
NOI
$8.9K $6.60/SF
Area
Garland County, AR
Vacancy
7.50%
Lease Rate
$10.20 /SF/Yr
Expense Ratio
30.00%
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%
$178,320
Cap Rate 7%
$127,371
Cap Rate 9%
$99,067
Alternative Uses
Best Use
Multifamily LT 5
$127.4K
$111.5K – $148.6K
NOI $8,916 @ 7.0% cap · market cap 7.59%
Second Best
Apartment 5plus
$119.0K
$104.1K – $138.9K
NOI $8,331 @ 7.0% cap · market cap 7.09%
Theoretical Best
Office A
$246.9K
$216.0K – $288.0K
NOI $17,282 @ 7.0% cap · market cap 14.71%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
100
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
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Duplex - Updated three-bedroom, two-bath townhome with LVP flooring, updated kitchen, and convenient access to De Soto Golf Course.
Where is this duplex located?
The property is located at 144 La Vista Lane Hot Springs Village, AR.
What is the asking price?
The asking price for this property is $117,500.
What are key features of this property?
This property features: 0.03‑acre lot and 1,350 SF townhome layout; Three bedrooms and two bathrooms; LVP flooring throughout plus laminate, carpet, and tile
