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    180 Lakeland Dr Hot Springs, AR 71913

    For Sale
    $1,450,000

    Traditional, Duplex - Hot Springs, AR

    Type:Duplex
    Property size:
    2,232 SF
    Lot size:
    1.20 Acres
    Days on Market:
    8
    Last Refresh:
    Dec 14 at 4:06 am

    Property Features for 180 Lakeland Dr

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Duplex
    Standard status
    Active
    Zoning
    CR
    Parking
    2
    Parking features
    Assigned, Carport, Covered
    Interior features
    Insulated Windows, Insulated Doors, Washer Connection, Dryer Connection-electric, Hot Water Heater-electric, Smoke Detector, Breakfast Bar
    Exterior features
    Partially Fenced, Outside Storage Area, Wood Fence
    Fencing
    Fenced, Partial, Wood
    Appliances
    Dishwasher, Garbage Disposer, Microwave, Range, Washer
    Size
    2,232 SF
    Lot size
    1.20 Acres

    Utilities

    Utilities
    Electricity Available, Water Available
    Heating system
    Central, Electric (Heating)
    Cooling system
    Central Air, Electric

    Building Details

    Year built
    2021
    Floors in Building
    1
    Number of units
    8
    Flooring type
    Carpet, Carpet - Partial, Laminate
    Building materials
    Brick, Vinyl Siding
    Roof type
    Shingle
    Architectural style
    New Traditional
    Additional Structures
    Storage

    Trademark Real Estate Inc. (501) 318-3200 [email protected]

    Listing agent Tammy Browning (501) 318-3200

    Listing date Dec 7, 2025

    MLS# 25048163 Listing URL

    Copyright © 2025 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.

    Overview

    Turnkey Hot Springs Multifamily Investment

    This is an opportunity to own eight fully occupied, income-producing duplex units in Hot Springs. Built in 2021, this portfolio offers strong rents, consistent occupancy, and minimal capital expenditures. Each of the eight units features 2 bedrooms, 2 full baths with a bright and spacious open layout, and a dedicated laundry area accommodating a full-size washer and dryer. Granite countertops are installed throughout, along with durable luxury vinyl in wet areas. All-electric utilities are in place, along with energy-efficient windows and doors, modern HVAC, and water heaters. A full kitchen appliance package includes a refrigerator, electric stove, microwave, dishwasher, and disposal. Each unit also has a covered carport with lockable storage and additional concrete parking pads. The properties are located just off Central Avenue, minutes from Oaklawn Racing Casino Resort, medical facilities, lakes, restaurants, and major retail. The lot size is 1.2 acres. The property is zoned CR and contains 2232 square feet.
    Property Profile Location Intelligence

    Current Use by Public Records

    Apartment buildings

    Suggested Use

    Law Firm Realty agency Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Pharmacy

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

    Location Insight

    • Map
    • Local Demand
    City
    Hot Springs
    County
    Garland
    State
    Arkansas
    Longitude
    -93.068992
    Latitude
    34.449908

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    FAQs

    What type of property is this?
    Apartment building - Eight fully occupied duplex units built in 2021.
    Where is this apartment building located?
    The property is located at 180 Lakeland Dr Hot Springs, AR.
    What is the asking price?
    The asking price for this property is $1,450,000.
    What are key features of this property?
    This property features: - Turnkey multi-family investment with eight fully occupied duplex units built in 2021.; - Located in a high-demand area of Hot Springs, near Oaklawn Racing Casino Resort, medical facilities, lakes, restaurants, and major retail.; - Low-maintenance properties with strong rents, consistent occupancy, and minimal capital expenditures.
    (501) 318-3200
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    180 Lakeland Dr Hot Springs, AR 71913
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

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    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    180 Lakeland Dr Hot Springs, AR 71913
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