Furnished Residential Income
For Sale
$150,000
17 Troza Lane, Hot Springs Village, AR 71909
Residential, Traditional, Townhouse, Hot Springs Village, AR
Property Size1,350 SF
Price / SF$111.11
Days on Market11
Property Features for 17 Troza Lane
General Information
Property type
Residential
Property subtype
Duplex
Bedrooms
2
Bathrooms
3
Full bathrooms
2
Half bathrooms
1
Rooms
Bathroom 2, Bedroom 2, Bathroom 1, Laundry Room, Bathroom 3, Bedroom 1
Patio and Porch features
Deck, Patio
Exterior features
Patio, Deck
Appliances
Free-Standing Stove, Dishwasher, Refrigerator-Stays
Subdivision
CASTELLON COURTS
Lot features
Level
Elementary school
Jessieville
Middle school
Jessieville
High school
Jessieville
Directions
From West Gate to DeSoto Blvd, left on Nacozari Lane, right on Prestamista Lane to Troza Lane
Standard status
Active
Size
1,350 SF
Taxes and HOA fees
Tax Year
2025
Tax Description
lot 16, block 3
Tax Annual Amount
604
HOA Fee
$116 Monthly
Legal Description
lot 16, block 3
Amenities
deck
patio
Building Details
Year built
1973
Floors in Building
2
Flooring type
Vinyl
Roof type
Composition
Architectural style
Other
Listing Agency:
Taylor Realty Group HSV
(501) 463-9506
Listed By:
Janae Cook Richards
(501) 282-4430
Added: Aug 31
Changed: Sep 8
Last Checked: Sep 10 at 9:06PM
MLS# 26035380
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 furnished residential income property offers 1,350 square feet with two bedrooms, a laundry room, vinyl flooring, and a layout that includes multiple bathrooms. Built in 1973, the home is equipped with a free-standing stove, dishwasher, and refrigerator. A composition roof completes the improvements.
Outdoor space includes both a deck and patio, with a wooded setting at 17 Troza Lane in Hot Springs Village. The property is steps from Lake Desoto and within walking distance of Waypoint Marina. It may serve as a full-time residence, weekend retreat, or investment property.
Outdoor space includes both a deck and patio, with a wooded setting at 17 Troza Lane in Hot Springs Village. The property is steps from Lake Desoto and within walking distance of Waypoint Marina. It may serve as a full-time residence, weekend retreat, or investment property.
Key Highlights
- 1,350‑square‑foot furnished townhome at 17 Troza Lane
- Two bedrooms with laundry room and multiple bathrooms
- Deck and patio overlooking a wooded setting
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
$8,331
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
5.55%
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%
$166,620
$166.6K
Cap Rate 7%
$119,014
$119.0K
Cap Rate 9%
$92,567
$92.6K
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
$16.2K $12.00/SF
− Vacancy
−$1.1K −$0.78/SF
EGI
$15.1K $11.22/SF
− OpEx
−$6.8K −$5.05/SF
NOI
$8.3K $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%
$166,620
Cap Rate 7%
$119,014
Cap Rate 9%
$92,567
Alternative Uses
Best Use
Apartment 5plus
$119.0K
$104.1K – $138.9K
NOI $8,331 @ 7.0% cap · market cap 5.55%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$246.9K
$216.0K – $288.0K
NOI $17,282 @ 7.0% cap · market cap 11.52%
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
93
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
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Frequently Asked Questions
What type of property is this?
Residential income property - Two-bedroom townhome with outdoor living areas and access to Lake Desoto and Waypoint Marina.
Where is this residential income property located?
The property is located at 17 Troza Lane Hot Springs Village, AR.
What is the asking price?
The asking price for this property is $150,000.
What are key features of this property?
This property features: 1,350‑square‑foot furnished townhome at 17 Troza Lane; Two bedrooms with laundry room and multiple bathrooms; Deck and patio overlooking a wooded setting
