Modern Multifamily Investment
105 & 109 POCOLA, Hot Springs, AR 71913
New
MULTI_FAMILY - Hot Springs, AR
Property size:
11,206 SFLot size:
1.27 AcresPrice / SF:
$111/SF- Added:
- May 29, 2026
- Days on Market:
- 2
- Last Refresh:
- May 30 at 2:06 pm
Property Features for 105 & 109 POCOLA
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 21
- Bathrooms
- 14
- Rooms
- Bathroom 8, Bedroom 10, Bedroom 7, Bathroom 5, Bathroom 3, Bedroom 15, Bathroom 14, Bathroom 7, Bedroom 16, Bedroom 5, Bedroom 9, Bedroom 20, Bathroom 2, Bedroom 1, Bathroom 12, Bathroom 4, Bedroom 11, Bedroom 8, Bedroom 6, Bathroom 6, Bedroom 17, Bathroom 13, Bathroom 11, Bathroom 10, Bedroom 19, Bedroom 14, Bathroom 1, Bedroom 4, Bathroom 9, Bedroom 13, Bedroom 3, Bedroom 2, Bedroom 12, Bedroom 18, Bedroom 21
- Patio and Porch features
- Porch, Patio, Deck
- 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
- 11,206 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 (501) 620-3550
Listing office Hot Springs Realty 4832 Central Ave Suite C, Hot Springs National Park, AR (501) 525-4178
Listing date May 29, 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.
HighLights
- New construction built in 2023, featuring three modern duplexes and a single‑family residence.
- Each unit features an open‑concept layout with 3 bedrooms and 2‑2.5 baths, custom cabinetry, granite countertops, and stainless steel appliances.
- Located near Lake Hamilton and in the Lake Hamilton School District.
- Strong rental appeal and long‑term growth potential as an investment property.
- Units include 9‑foot ceilings and spacious walk‑in closets.
- Exterior features include a deck, porch, and patio, with partial fencing.
Overview
This investment property, constructed in 2023, features three modern duplexes and a single-family residence. Each duplex unit includes 3 bedrooms and 2.5 bathrooms, while the single-family home offers 3 bedrooms and 2 bathrooms. The units feature an open-concept layout, custom cabinetry, granite countertops, stainless steel appliances, 9-foot ceilings, and walk-in closets. The property is located near Lake Hamilton and within the Lake Hamilton School District. The single-family residence is located at 102 Cheyenne St. The duplexes are located at 105 Pocola Drive (Units A and B), 109 Pocola Drive (Units A and B), and 106 Cheyenne Street (Units A and B). The property has a lot size of 1.27 acres and a property size of 11206 square feet.
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 | $134.5k | $12.00 |
| − Vacancy | −$8.7k | −$0.78 |
| EGI | $125.7k | $11.22 |
| − OpEx | −$56.6k | −$5.05 |
| NOI | $69.2k | $6.17 |
11,206 SF · lease $12.00/SF/yr · vacancy 6.50% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$987.9K
$864.4K – $1.15M
NOI $69,152 @ 7.0% cap · market cap 5.53%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$2.05M
$1.79M – $2.39M
NOI $143,455 @ 7.0% cap · market cap 11.48%
Zoning and permitted uses should be independently verified with local authorities.
Property Profile
Location Intelligence
Current Use by Public Records
Multifamily properties
Location Insight
- Map
- Local Demand
- City
- Hot Springs
- County
- Garland
- State
- Arkansas
- Longitude
- -93.158093
- Latitude
- 34.488461
Nearby Similar for Sale
FAQs
What type of property is this?
Multifamily property - New construction multifamily and single-family residences near Lake Hamilton.
Where is this multifamily property 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: New construction built in 2023, featuring three modern duplexes and a single‑family residence.; Each unit features an open‑concept layout with 3 bedrooms and 2‑2.5 baths, custom cabinetry, granite countertops, and stainless steel appliances.; Located near Lake Hamilton and in the Lake Hamilton School District.
