Duplex with Boat Slip and Lake
For Sale
$560,000
211 Brown Street, Hot Springs, AR 71913
CONDOS - Hot Springs, AR
Property Size3,213 SF
Price / SF$174.29
Days on Market114
Property Features for 211 Brown Street
General Information
Property type
Residential
Property subtype
Duplex
Bedrooms
3
Bathrooms
2
Full bathrooms
2
Rooms
Great Room, Bedroom 1, Laundry Room, Bedroom 2, Bathroom 1, Bathroom 2, Bedroom 3
Parking features
Garage
Patio and Porch features
Deck
Interior features
Wet Bar, Washer Connection, Dryer Connection-Electric, Smoke Detector(s), Walk-In Closet(s), Breakfast Bar
Exterior features
Deck, Inground Pool, Tennis Court, Boat Dock, Cabana/Pool House
Fireplace
1
Appliances
Free-Standing Stove, Electric Range, Dishwasher
Subdivision
WILLIAMSWOOD PLACE HPR
Lot features
In Subdivision, Lake View, Common to Lake
Directions
Head South on Orange, turn right on W grand/central, then left on Burchwood Bay, Follow it to Brown Street, turn right, and continue to gate.
Standard status
Active
Size
3,213 SF
Taxes and HOA fees
Tax Description
See File
Tax Annual Amount
3114
HOA Fee
$500 Monthly
Legal Description
See File
Utilities
Water front
1
Amenities
in-ground pool
tennis court
gated security
direct lake access
covered boat slip with cradle lift
Building Details
Year built
1992
Floors in Building
2
Flooring type
Carpet, Wood, Tile
Roof type
Shingle
Architectural style
Other
Additional Structures
Cabana
Listing Agency:
Lake Hamilton Realty, Inc.
(501) 525-1466
Listed By:
Candace Davis
(501) 672-6075
Added: Apr 14
Changed: Aug 4
Last Checked: Aug 5 at 7:06PM
MLS# 26015154
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 duplex-style townhome offers 3 bedrooms and 2 bathrooms across 3,213 square feet, with high ceilings and a spacious living area anchored by a fireplace. Interior finishes include tile, carpet, and wood flooring, along with a wet bar, breakfast bar, walk-in closets, and washer and dryer connections (electric).
Outside, enjoy a brand-new Trex deck overlooking the pool. The home is part of a community with an in-ground pool, a tennis court, gated security, and direct lake access. A covered boat slip with cradle lift is also included, along with a cabana/pool house and a boat dock. Parking includes a garage.
Built in 1992, the property has a shingle roof with a brand-new installation completed in 2025. Per POA rules and regulations, there is a first right of refusal on the home.
Outside, enjoy a brand-new Trex deck overlooking the pool. The home is part of a community with an in-ground pool, a tennis court, gated security, and direct lake access. A covered boat slip with cradle lift is also included, along with a cabana/pool house and a boat dock. Parking includes a garage.
Built in 1992, the property has a shingle roof with a brand-new installation completed in 2025. Per POA rules and regulations, there is a first right of refusal on the home.
Key Highlights
- 3,213 square feet in a three‑bedroom, two‑bath duplex‑style townhome
- Brand‑new Trex deck overlooking the community pool
- In‑ground pool, tennis court, and gated security with direct lake access
Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- 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.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $32.8k | $10.20 |
| − Vacancy | −$2.5k | −$0.77 |
| EGI | $30.3k | $9.44 |
| − OpEx | −$9.1k | −$2.83 |
| NOI | $21.2k | $6.60 |
3,213 SF · lease $10.20/SF/yr · vacancy 7.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$303.1K
$265.3K – $353.7K
NOI $21,220 @ 7.0% cap · market cap 3.79%
Second Best
Apartment 5plus
$283.2K
$247.8K – $330.5K
NOI $19,827 @ 7.0% cap · market cap 3.54%
Theoretical Best
Office A
$587.6K
$514.2K – $685.5K
NOI $41,132 @ 7.0% cap · market cap 7.35%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
42
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
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 - Three-bedroom, two-bath duplex townhome with a covered boat slip, Trex deck, and community pool amenities.
Where is this duplex located?
The property is located at 211 Brown Street Hot Springs, AR.
What is the asking price?
The asking price for this property is $560,000.
What are key features of this property?
This property features: 3,213 square feet in a three‑bedroom, two‑bath duplex‑style townhome; Brand‑new Trex deck overlooking the community pool; In‑ground pool, tennis court, and gated security with direct lake access
