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Multifamily Property with Duplexes

105 & 109 POCOLA Hot Springs, AR 71913

105 & 109 POCOLA, Hot Springs, AR, 71913
$1,250,000
For Sale
Claim this Listing
$1,250,000

MULTI_FAMILY - Hot Springs, AR

Property Size10,890 SF
Lot Size1.27 Acres
Price / SF$114.78
AddedJun 5
Days on Market42
Last RefreshJul 16 at 4:06 am

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 agent Scott Garibay License #SA00045405

Listing office Hot Springs Realty 4832 Central Ave Suite C, Hot Springs National Park, AR

Listing date Jun 5, 2026

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.

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 (±1% cap)
NOI $71,923 @ 7.0% cap · market cap 5.75%
Second Best
Apartment 5plus
$960.0K
$840.0K – $1.12M (±1% cap)
NOI $67,202 @ 7.0% cap · market cap 5.38%
Theoretical Best
Office A
$1.99M
$1.74M – $2.32M (±1% cap)
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

Suggested Use

Real Estate Agency Furniture & Home Goods (Bike/Boat/Book/etc) Store Auto Repair Shop Hotel & Motel

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

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
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