Multifamily Property with
105 & 109 POCOLA Hot Springs, AR 71913
105 & 109 POCOLA, Hot Springs, AR, 71913
$1,250,000
For Sale
$1,250,000
MULTI_FAMILY - Hot Springs, AR
Property Size10,890 SF
Lot Size1.27 Acres
Price / SF$114.78
Days on Market44
Property Features for 105 & 109 POCOLA
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 21
- Bathrooms
- 14
- Rooms
- Bathroom 6, Bathroom 3, Bedroom 6, Bathroom 1, Bedroom 2, Bedroom 4, Bedroom 14, Bedroom 21, Bedroom 3, Bathroom 2, Bedroom 20, Bedroom 13, Bathroom 5, Bathroom 13, Bedroom 5, Bathroom 11, Bathroom 10, Bathroom 7, Bedroom 11, Bedroom 15, Bathroom 4, Bathroom 12, Bedroom 10, Bedroom 1, Bathroom 14, Bedroom 19, Bedroom 16, Bedroom 7, Bedroom 9, Bedroom 12, Bathroom 9, Bathroom 8, Bedroom 8, Bedroom 18, Bedroom 17
- Patio and Porch features
- Patio, Deck, Porch
- Interior features
- Breakfast Bar, Dryer Connection-Electric, Hot Water Heater-Electric, Washer Connection, Fan-Ceiling, Closet - Walk In
- Exterior features
- Deck, Partially Fenced, Porch, Patio
- Fencing
- Partial
- Appliances
- Dishwasher, Electric Range, Free-Standing Stove, Microwave, Refrigerator Stays, Dishwasher, Electric Range, Free-Standing Stove, Microwave, Refrigerator Stays
- Standard status
- Active
- Size
- 10,890 SF
- Lot size
- 1.27 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Description
- Dakota Hills Lots 1,2,3 and 4, Garland County
- Tax Annual Amount
- 9848
Building Details
- Year built
- 2023
- Floors in Building
- 2
- Number of units
- 7
- Roof type
- Composition
Listing Agency
Hot Springs Realty
(501) 525-4178
4832 Central Ave Suite C, Hot Springs National Park, AR
Listed by
Scott Garibay · License #SA00045405
(501) 620-3550
Added: Jun 5 Checked: Jul 18 at 8:06 pm
MLS# 155709
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.
Built in 2023, this multifamily property includes three duplexes plus a single-family residence, providing a combined residential income setup on one site. Each duplex unit is designed with three bedrooms and 2.5 baths, featuring an open-concept layout, custom cabinetry, granite countertops, stainless steel appliances, 9-foot ceilings, and spacious walk-in closets. The included single-family home offers three bedrooms and two baths with a similarly modern finish package.
The duplex addresses are 105 Pocola Drive (Unit A and Unit B), 109 Pocola Drive (Unit A and Unit B), and 106 Cheyenne Street (Unit A and Unit B). The single-family residence is listed at 102 Cheyenne St. The property is described as being near Lake Hamilton and within the Lake Hamilton School District. The lot size is 1.27 acres, and the property totals 10,890 square feet.
For tenants, the appeal centers on newly built, contemporary layouts and finish details across both duplex and single-family configurations. For buyers and operators, the mix of unit types can support flexible occupancy planning while keeping the improvements consistent across the 2023 buildout and shared design direction.
The duplex addresses are 105 Pocola Drive (Unit A and Unit B), 109 Pocola Drive (Unit A and Unit B), and 106 Cheyenne Street (Unit A and Unit B). The single-family residence is listed at 102 Cheyenne St. The property is described as being near Lake Hamilton and within the Lake Hamilton School District. The lot size is 1.27 acres, and the property totals 10,890 square feet.
For tenants, the appeal centers on newly built, contemporary layouts and finish details across both duplex and single-family configurations. For buyers and operators, the mix of unit types can support flexible occupancy planning while keeping the improvements consistent across the 2023 buildout and shared design direction.
Key Highlights
- Built in 2023: 3 duplexes plus a single‑family residence
- Each duplex has 3 bedrooms and 2.5 baths; single‑family residence has 3 bedrooms and 2 baths
- Open‑concept layouts with custom cabinetry, granite countertops, stainless steel appliances, and 9‑foot ceilings
Local 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 | $111.1k | $10.20 |
| − Vacancy | −$8.3k | −$0.77 |
| EGI | $102.7k | $9.44 |
| − OpEx | −$30.8k | −$2.83 |
| NOI | $71.9k | $6.60 |
10,890 SF · lease $10.20/SF/yr · vacancy 7.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$1.03M
$899.0K – $1.20M
NOI $71,923 @ 7.0% cap · market cap 5.75%
Second Best
Apartment 5plus
$960.0K
$840.0K – $1.12M
NOI $67,202 @ 7.0% cap · market cap 5.38%
Theoretical Best
Office A
$1.99M
$1.74M – $2.32M
NOI $139,409 @ 7.0% cap · market cap 11.15%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Duplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Duplex - Newly built 2023 duplex and single-family mix with modern finishes and open-concept floor plans.
Where is this duplex located?
The property is located at 105 & 109 POCOLA Hot Springs, AR.
What is the asking price?
The asking price for this property is $1,250,000.
What are key features of this property?
This property features: Built in 2023: 3 duplexes plus a single‑family residence; Each duplex has 3 bedrooms and 2.5 baths; single‑family residence has 3 bedrooms and 2 baths; Open‑concept layouts with custom cabinetry, granite countertops, stainless steel appliances, and 9‑foot ceilings
