Short-Term Rental Residence with
For Sale
$259,900
1453 Lodge Mountain Dr, Hot Springs, AR 71913
Residential, Hot Springs, AR
Property Size1,228 SF
Price / SF$211.64
Days on Market218
Property Features for 1453 Lodge Mountain Dr
General Information
Property type
Residential
Property subtype
Duplex
Bedrooms
2
Bathrooms
2
Full bathrooms
2
Rooms
Bedroom 2, Bathroom 1, Bathroom 2, Bedroom 1
Parking features
Assigned
Patio and Porch features
Deck
Interior features
Washer Connection, Walk-In Closet(s), Ceiling Fan(s), Kit Counter- Granite Slab
Exterior features
Deck
Subdivision
DIAMONDHEAD
Lot features
In Subdivision, Mountain View, Lake View, Common to Golf Course, Common to Lake
Directions
From MLK Bypass, Carpenter Dam Exit, Left on Hwy 290, Left on Hwy 171, Left on Independence Dr., Left onto Lodge Mountain Drive
Standard status
Active
APN
633-11999-107
Size
1,228 SF
Taxes and HOA fees
Tax Year
2025
Tax Description
PINNACLE SHORES HPR #7
Tax Annual Amount
1471
HOA Fee
$129 Monthly
Legal Description
PINNACLE SHORES HPR #7
Utilities
Water front
1
Amenities
private community lake access
boat ramp
Olympic-sized swimming pool
clubhouse
PGA-rated golf course
tennis courts
Building Details
Year built
1972
Floors in Building
1
Flooring type
Wood, Tile
Roof type
Shingle
Listing Agency:
Partners Realty
(501) 359-3333
Listed By:
Jessica Smith · License #SA00089995
(501) 627-6011
Added: Mar 1
Changed: Oct 2
Last Checked: Oct 5 at 4:06AM
MLS# 26008050
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 1,228-square-foot residence has two bedrooms, two bathrooms, an open living area, and a kitchen with granite slab counters. Wood and tile flooring, a walk-in closet, ceiling fans, and a deck round out the interior and outdoor features. The home was built in 1972; the HVAC system was replaced 3 years ago, and the roof was replaced 1 year ago. Most furnishings are available for purchase, and many appliances may also be purchased.
Lake and mountain views are part of the setting. Community amenities include lake access, a boat ramp, an Olympic-sized pool, a clubhouse, a golf course, and tennis courts. Reservations are confirmed through December 2026, and the property has a history of rental activity.
Lake and mountain views are part of the setting. Community amenities include lake access, a boat ramp, an Olympic-sized pool, a clubhouse, a golf course, and tennis courts. Reservations are confirmed through December 2026, and the property has a history of rental activity.
Key Highlights
- 1,228 square feet with 2 bedrooms and 2 bathrooms
- Deck with lake and mountain views
- HVAC replaced 3 years ago; roof replaced 1 year ago
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
$7,578
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
2.92%
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%
$151,560
$151.6K
Cap Rate 7%
$108,257
$108.3K
Cap Rate 9%
$84,200
$84.2K
Market Conditions
NOI Build-Up for 1,228 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
$14.7K $12.00/SF
− Vacancy
−$958 −$0.78/SF
EGI
$13.8K $11.22/SF
− OpEx
−$6.2K −$5.05/SF
NOI
$7.6K $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%
$151,560
Cap Rate 7%
$108,257
Cap Rate 9%
$84,200
Alternative Uses
Best Use
Apartment 5plus
$108.3K
$94.7K – $126.3K
NOI $7,578 @ 7.0% cap · market cap 2.92%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$224.6K
$196.5K – $262.0K
NOI $15,720 @ 7.0% cap · market cap 6.05%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
1
Residential units
Location Intelligence
Trade Area within ½ mile
23
Businesses Nearby
Explore this area
Business Placement
Demographics for 71913, AR
46,801
Population
25,441
Households
1.8
Avg Household Size
44
Median Age
28%
College-Educated
91%
High-School Grad
134.2 sq mi
ZIP Area
349
Density / Sq Mi
$55,367
Median Household Income
$32,746
Median Earnings
$970
Median Rent
$179,200
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in South region
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Frequently Asked Questions
What type of property is this?
Short term rental property - Two bedrooms, two baths, and community recreation amenities complement the residence’s vacation-rental setup.
Where is this short term rental property located?
The property is located at 1453 Lodge Mountain Dr Hot Springs, AR.
What is the asking price?
The asking price for this property is $259,900.
What are key features of this property?
This property features: 1,228 square feet with 2 bedrooms and 2 bathrooms; Deck with lake and mountain views; HVAC replaced 3 years ago; roof replaced 1 year ago
