Duplex with Stone
For Sale
$269,200
5 Emanuel Lane, Hot Springs Village, AR 71909
Residential, Townhouse, Hot Springs Village, AR
Property Size1,829 SF
Price / SF$147.18
Days on Market102
Property Features for 5 Emanuel Lane
General Information
Property type
Residential
Property subtype
Duplex
Bedrooms
2
Bathrooms
2
Full bathrooms
2
Rooms
Bedroom 2, Bathroom 1, Bonus Room, Bedroom 1, Bathroom 2
Parking features
Garage, Open
Patio and Porch features
Deck
Interior features
Washer Connection, Dryer Connection-Electric, Water Heater-Electric, Walk-In Closet(s), Exclusions (see remarks), Built-Ins, Ceiling Fan(s), Walk-in Shower, Wired for Highspeed Inter, Kit Counter- Granite Slab
Exterior features
Deck, Guttering, Video Surveillance
Fireplace
1
Appliances
Electric Range, Disposal
Subdivision
VILLA ALEGRE COURTS
Lot features
Level, Cul-de-sac, In Subdivision
Elementary school
Jessieville
Middle school
Jessieville
High school
Jessieville
Directions
Desoto Blvd to Club House Drive to Emanuel Lane
Standard status
Active
Size
1,829 SF
Taxes and HOA fees
Tax Year
2025
Tax Description
Lot 3 Block 1 Villa Alegre Cts
Tax Annual Amount
1230
HOA Fee
$116 Monthly
Legal Description
Lot 3 Block 1 Villa Alegre Cts
Amenities
fireplace
vaulted ceilings
private backyard
laundry facility
Building Details
Year built
1987
Flooring type
Tile, Carpet, Wood
Roof type
Shingle
Architectural style
Other
Additional Structures
See Remarks
Listing Agency:
Hot Springs Village Real Estate
(501) 922-5252
Listed By:
Deb Seibert
(501) 922-7169
Added: May 15
Changed: Aug 21
Last Checked: Aug 23 at 11:06PM
MLS# 26019775
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 1,829-square-foot duplex, built in 1987, provides a two-level layout with living, dining, and kitchen areas on the main entry floor. The primary suite includes laundry access, while the lower level contains a second bedroom with a Murphy bed, a second bathroom, and additional living space. Interior features include vaulted ceilings, a native stone fireplace, granite slab kitchen counters, built-ins, walk-in closets, and a walk-in shower. Tile, carpet, and wood flooring are used throughout.
Outdoor features include a private backyard and deck, with a roomy garage offering additional storage. The property is near the DeSoto Recreation Area, a walking trail, DeSoto Club restaurant, and the golf course. The dishwasher is not operational; the seller may repair it or provide a credit. A Hot Springs Village Property Owner Association member buy-in fee is due at closing.
Outdoor features include a private backyard and deck, with a roomy garage offering additional storage. The property is near the DeSoto Recreation Area, a walking trail, DeSoto Club restaurant, and the golf course. The dishwasher is not operational; the seller may repair it or provide a credit. A Hot Springs Village Property Owner Association member buy-in fee is due at closing.
Key Highlights
- 1,829‑square‑foot duplex built in 1987
- Main‑level primary suite with laundry access
- Lower level includes second bedroom, Murphy bed, second bathroom, and bonus living area
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
$12,080
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
4.49%
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%
$241,600
$241.6K
Cap Rate 7%
$172,571
$172.6K
Cap Rate 9%
$134,222
$134.2K
Market Conditions
NOI Build-Up for 1,829 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
$18.7K $10.20/SF
− Vacancy
−$1.4K −$0.77/SF
EGI
$17.3K $9.44/SF
− OpEx
−$5.2K −$2.83/SF
NOI
$12.1K $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 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%
$241,600
Cap Rate 7%
$172,571
Cap Rate 9%
$134,222
Alternative Uses
Best Use
Multifamily LT 5
$172.6K
$151.0K – $201.3K
NOI $12,080 @ 7.0% cap · market cap 4.49%
Second Best
Apartment 5plus
$161.2K
$141.1K – $188.1K
NOI $11,287 @ 7.0% cap · market cap 4.19%
Theoretical Best
Office A
$334.5K
$292.7K – $390.2K
NOI $23,414 @ 7.0% cap · market cap 8.70%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
1
Residential units
Location Intelligence
Trade Area within ½ mile
72
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
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 - Two-level layout includes a primary suite, second bedroom, bonus living area, and garage storage.
Where is this duplex located?
The property is located at 5 Emanuel Lane Hot Springs Village, AR.
What is the asking price?
The asking price for this property is $269,200.
What are key features of this property?
This property features: 1,829‑square‑foot duplex built in 1987; Main‑level primary suite with laundry access; Lower level includes second bedroom, Murphy bed, second bathroom, and bonus living area
