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Furnished Duplex With Two Units
For Sale
$159,900

4 Macotera Place, Hot Springs Village, AR 71909

Residential, Traditional, Townhouse, Hot Springs Village, AR

Property Size1,000 SF
Price / SF$159.90
Days on Market171

Property Features for 4 Macotera Place

General Information

Property type Residential
Property subtype Duplex
Bedrooms 2
Bathrooms 2
Full bathrooms 2
Rooms Bedroom 1, Bathroom 1, Bathroom 2, Laundry Room, Bedroom 2
Parking features Assigned
Patio and Porch features Patio, Porch
Interior features Washer Connection, Washer-Stays, Dryer Connection-Electric, Dryer-Stays, Water Heater-Electric, Smoke Detector(s), Window Treatments, Ceiling Fan(s), Walk-in Shower, Furnished, Wired for Highspeed Inter
Exterior features Patio, Porch, Outside Storage Area, Guttering
Fireplace 1
Appliances Built-In Stove, Microwave, Dishwasher, Disposal, Refrigerator-Stays
Subdivision CORONADO COURTS
Lot features Level, Cul-de-sac, Resort Property, In Subdivision, River/ Lake Area
Elementary school Fountain Lake
Middle school Fountain Lake
High school Fountain Lake
Directions EAST ON DESOTO BLVD., FROM WEST GATE. RIGHT ON BALEARIC ROAD, LEFT ON PONDEROSA WAY, RIGHT ON MACOTERA PLACE.
Standard status Active
Size 1,000 SF

Taxes and HOA fees

Tax Year 2025
Tax Description LOT 2, BLOCK 2, CORONADO CTS.
Tax Annual Amount 532
HOA Fee $116 Monthly
Legal Description LOT 2, BLOCK 2, CORONADO CTS.

Amenities

laundry

Building Details

Year built 1976
Floors in Building 1
Flooring type Laminate, Tile
Roof type Shingle
Architectural style Other
Additional Structures Storage
Listing Agency: Hot Springs Village Real Estate
Listed By: Sandy Carle
Added: Apr 18 Changed: Oct 5 Last Checked: Oct 5 at 6:06PM
MLS# 26015457

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 1,000-square-foot duplex contains two furnished living spaces. One is a studio with a full bathroom; the other has a separate bedroom, living and dining areas, a full kitchen, laundry, and a full bathroom. The units include furnishings and equipment, with appliances such as a microwave, dishwasher, stove, and refrigerator. A patio, porch, and outside storage area are also part of the property.

The property is within walking distance of the fitness center, indoor pool, fitness trail, Lake Coronado, Community Center, churches, dining, and tennis facilities. Built in 1976, it has assigned parking.

Key Highlights

  • Two separate units: a studio and a one‑bedroom residence
  • 1,000 square feet
  • Both units are furnished and equipped

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$6,605
Cap Rate
4.13%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$132,100 $132.1K
Cap Rate 7%
$94,357 $94.4K
Cap Rate 9%
$73,389 $73.4K
Market Conditions
NOI Build-Up for 1,000 SF
Gross rent
$10.2K $10.20/SF
− Vacancy
−$765 −$0.77/SF
EGI
$9.4K $9.44/SF
− OpEx
−$2.8K −$2.83/SF
NOI
$6.6K $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 Rate 5%
$132,100
Cap Rate 7%
$94,357
Cap Rate 9%
$73,389

Alternative Uses

Best Use
Multifamily LT 5
$94.4K
$82.6K – $110.1K (±1% cap)
NOI $6,605 @ 7.0% cap · market cap 4.13%
Second Best
Apartment 5plus
$88.2K
$77.1K – $102.9K (±1% cap)
NOI $6,171 @ 7.0% cap · market cap 3.86%
Theoretical Best
Office A
$182.9K
$160.0K – $213.4K (±1% cap)
NOI $12,802 @ 7.0% cap · market cap 8.01%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick Hair Salon Restaurant Building Supply Garden Center Skin Care Clinic Gym & Fitness Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

46
Businesses Nearby

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Duplex - Two furnished residences offer separate layouts, including a studio and a one-bedroom unit.
Where is this duplex located?
The property is located at 4 Macotera Place Hot Springs Village, AR.
What is the asking price?
The asking price for this property is $159,900.
What are key features of this property?
This property features: Two separate units: a studio and a one‑bedroom residence; 1,000 square feet; Both units are furnished and equipped
More about this property
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