2023-Built Duplex
For Sale
$1,250,000
105 & 109 POCOLA, Hot Springs, AR 71913
MULTI-FAMILY, Hot Springs, AR
Property Size10,890 SF
Lot Size1.27 Acres
Price / SF$114.78
Days on Market136
Property Features for 105 & 109 POCOLA
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Bedrooms
21
Bathrooms
14
Full bathrooms
14
Rooms
Bedroom 20, Bathroom 5, Bathroom 13, Bedroom 2, Bedroom 15, Bedroom 9, Bedroom 3, Bedroom 7, Bedroom 5, Bedroom 19, Bathroom 12, Bedroom 14, Bedroom 11, Bedroom 1, Bedroom 8, Bedroom 21, Bedroom 16, Bedroom 4, Bedroom 12, Bedroom 17, Bedroom 18, Bathroom 2, Bathroom 8, Bathroom 9, Bathroom 14, Bedroom 10, Bathroom 7, Bathroom 1, Bathroom 4, Bathroom 10, Bathroom 3, Bedroom 6, Bathroom 11, Bedroom 13, Bathroom 6
Patio and Porch features
Deck, Patio, 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
Subdivision
Dakota Hills Subdivision
Lot features
In Subdivision, Level, Wooded
Elementary school district
Lake Hamilton
Middle school district
Lake Hamilton
High school district
Lake Hamilton
Directions
From Albert Pike, Head West and turn left onto Thornton Ferry Road. Continue to Dakota Drive and proceed to the property on the left. The site is ideally positioned between Cheyenne St. and Pocola Drive.
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
Legal Description
Dakota Hills Lots 1,2,3 and 4, Garland County
Building Details
Year built
2023
Floors in Building
2
Number of units
7
Roof type
Composition
Listing Agency:
Hot Springs Realty
(501) 525-4178
Listed By:
Scott Garibay · License #SA00045405
(501) 620-3550
Added: Jun 5
Changed: Oct 17
Last Checked: Oct 18 at 2:06AM
MLS# 155709
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.
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Investment Insights
Based on property information with market context.
Completed in 2023, the property includes three duplex buildings along with a separate single-family residence. Each duplex unit provides three bedrooms and two-and-a-half bathrooms, while the residence includes three bedrooms and two bathrooms. Across the improvements, interiors feature open-concept plans, custom cabinetry, granite countertops, stainless steel appliances, nine-foot ceilings, and walk-in closets. Patios, decks, porches, and partial fencing add exterior features, while electric ranges, refrigerators, dishwashers, and microwaves are included in the appliance package.
The property encompasses 1.27 acres and 10,890 square feet in Hot Springs, near Lake Hamilton and within the Lake Hamilton School District. The offering combines six duplex units with one single-family home in a contemporary residential configuration.
The property encompasses 1.27 acres and 10,890 square feet in Hot Springs, near Lake Hamilton and within the Lake Hamilton School District. The offering combines six duplex units with one single-family home in a contemporary residential configuration.
Key Highlights
- Three duplex buildings plus one single‑family residence
- Six duplex units with 3 bedrooms and 2.5 baths per unit
- Separate residence offers 3 bedrooms and 2 baths
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$71,923
Cap Rate
5.75%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,438,460
$1.4M
Cap Rate 7%
$1,027,471
$1.0M
Cap Rate 9%
$799,144
$799.1K
Market Conditions
NOI Build-Up for 10,890 SF
Gross rent
$111.1K $10.20/SF
− Vacancy
−$8.3K −$0.77/SF
EGI
$102.7K $9.44/SF
− OpEx
−$30.8K −$2.83/SF
NOI
$71.9K $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%
$1,438,460
Cap Rate 7%
$1,027,471
Cap Rate 9%
$799,144
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 authorities.
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Current Use
Lease Details
7
Residential units
Location Intelligence
Trade Area within ½ mile
19
Businesses Nearby
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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
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Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Duplex - Three duplex buildings and a three-bedroom residence near Lake Hamilton comprise the offering.
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: Three duplex buildings plus one single‑family residence; Six duplex units with 3 bedrooms and 2.5 baths per unit; Separate residence offers 3 bedrooms and 2 baths
