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Renovated Duplex-Style Apartment Building

100-107 CALLI Lane Hot Springs, AR 71913

100-107 CALLI Lane, Hot Springs, AR, 71913
$1,999,999
For Sale
$1,999,999

MULTI_FAMILY - Hot Springs, AR

Property Size17,097 SF
Price / SF$116.98
Days on Market88

Property Features for 100-107 CALLI Lane

General Information

Property type
Residential Multi Family
Property subtype
Duplex
Bedrooms
40
Rooms
Bedroom 39, Bedroom 19, Bedroom 7, Bedroom 20, Bedroom 31, Bedroom 11, Bedroom 8, Bedroom 4, Bedroom 15, Bedroom 36, Bedroom 25, Bedroom 34, Bedroom 14, Bedroom 28, Bedroom 3, Bedroom 5, Bedroom 10, Bedroom 12, Bedroom 2, Bedroom 24, Bedroom 26, Bedroom 21, Bedroom 16, Bedroom 17, Bedroom 29, Bedroom 23, Bedroom 32, Bedroom 13, Bedroom 38, Bedroom 1, Bedroom 6, Bedroom 35, Bedroom 27, Bedroom 30, Bedroom 37, Bedroom 40, Bedroom 9, Bedroom 33, Bedroom 18, Bedroom 22
Interior features
Dryer Connection-Electric, Hot Water Heater-Electric, Smoke Detector, Washer Connection, Fan-Ceiling
Exterior features
Partially Fenced, Guttering, Storage Building
Fencing
Partial
Appliances
Disposal, Dishwasher, Electric Range, Free-Standing Stove, Refrigerator Stays, Disposal, Dishwasher, Electric Range, Free-Standing Stove, Refrigerator Stays
Standard status
Active
Size
17,097 SF

Taxes and HOA fees

Tax Year
2025
Tax Description
see legal description in online docs
Tax Annual Amount
12000

Building Details

Year built
2001
Floors in Building
1
Number of units
7
Roof type
Shingle
Architectural style
Other
Additional Structures
Storage
Listing Agency ESQ. Realty Group
422 W Grand Ave, Hot Springs, AR
Listed by J. J. Tucker · License #SA00081227
Added: Apr 24 Updated: Jul 19 at 6:34 am Checked: Jul 20 at 5:06 pm
MLS# 155185 Listing URL

Copyright © 2026 Hot Springs Board of Realtors. 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 multifamily package features seven renovated, well-maintained units located in central Hot Springs. The configuration consists of six 3BR/2BA duplex units and one 2BR/2BA duplex with a garage. According to the remarks, all units are 100% occupied and tenants pay all utilities.

Recent improvements include new roofs for all seven units in 2023. Additional unit upgrades were completed throughout, including new appliances, new central heat/air, and new floors and fixtures. The owner is a licensed real estate agent.

The property is presented as a turnkey, renovated income package comprised of duplex-style units.

Key Highlights

  • 7‑unit multi‑family package in Central Hot Springs; 100% occupied and grossing about $15k/month
  • Unit mix includes six 3BR/2BA duplexes plus one 2BR/2BA duplex with a garage
  • All units received upgrades: new appliances, new central heat/air, new floors, and new fixtures

Local Financial Insights For Apartment 5plus

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 $205.2k $12.00
− Vacancy −$13.3k −$0.78
EGI $191.8k $11.22
− OpEx −$86.3k −$5.05
NOI $105.5k $6.17
17,097 SF · lease $12.00/SF/yr · vacancy 6.50% · expense 45.00%

Alternative Uses

Best Use
Apartment 5plus
$1.51M
$1.32M – $1.76M (±1% cap)
NOI $105,506 @ 7.0% cap · market cap 5.28%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$3.13M
$2.74M – $3.65M (±1% cap)
NOI $218,869 @ 7.0% cap · market cap 10.94%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Apartment buildings

Suggested Use

Parking Lot & Garage Garden Center (Bike/Boat/Book/etc) Store Barber Shop Electrical Service Grocery & Convenience Store Kitchen & Bath Showroom (Bike/Boat/Book/etc) Store Law Firm Accounting Firm

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

FAQs

What type of property is this?
Apartment building - Seven renovated units in Hot Springs include six 3BR/2BA duplexes and one 2BR/2BA duplex with a garage.
Where is this apartment building located?
The property is located at 100-107 CALLI Lane Hot Springs, AR.
What is the asking price?
The asking price for this property is $1,999,999.
What are key features of this property?
This property features: 7‑unit multi‑family package in Central Hot Springs; 100% occupied and grossing about $15k/month; Unit mix includes six 3BR/2BA duplexes plus one 2BR/2BA duplex with a garage; All units received upgrades: new appliances, new central heat/air, new floors, and new fixtures
Contact an agent
More about this property
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