Multifamily Duplex and
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 Market161
Property Features for 105 & 109 Pocola
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Bedrooms
21
Bathrooms
20
Full bathrooms
20
Rooms
Bedroom 17, Bathroom 6, Bedroom 14, Bedroom 19, Bedroom 11, Bedroom 15, Bedroom 7, Bedroom 10, Bedroom 6, Bathroom 15, Bedroom 8, Bathroom 8, Bathroom 18, Bathroom 16, Bathroom 12, Bathroom 14, Bathroom 4, Bedroom 2, Bedroom 13, Bedroom 18, Bathroom 3, Bathroom 5, Bedroom 20, Bedroom 4, Bathroom 17, Bathroom 9, Bedroom 12, Bedroom 1, Bathroom 11, Bathroom 2, Bathroom 19, Bedroom 9, Bathroom 13, Bedroom 16, Bedroom 21, Bedroom 3, Bathroom 1, Bathroom 10, Bathroom 7, Bathroom 20, Bedroom 5
Patio and Porch features
Porch, Deck, Patio
Interior features
Washer Connection, Dryer Connection-Electric, Hot Water Heater-Electric, Breakfast Bar, Closet - Walk In, Fan - Ceiling, Window Treatments
Exterior features
Partially Fenced, Deck, Patio, Porch, Wood Fence
Fencing
Partial, Wood
Appliances
Dishwasher, Electric Range, Free-Standing Stove, Microwave, Refrigerator-Stays, Dishwasher, Electric Range, Free-Standing Stove, Microwave, Refrigerator-Stays
Subdivision
Dakota
Lot features
Level, Wooded, In Subdivision
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
Tax Annual Amount
9848
Legal Description
Dakota Hills Lots 1,2,3 and 4
Building Details
Year built
2023
Floors in Building
2
Number of units
7
Flooring type
Laminate
Roof type
Composition
Listing Agency:
Hot Springs Realty
(501) 525-4178
Listed By:
Scott Garibay · License #SA00045405
(501) 620-3550
Added: May 29
Changed: Nov 2
Last Checked: Nov 5 at 5:06AM
MLS# 26021697
Copyright © 2026 Cooperative Arkansas Realtors Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
Built in 2023, this multifamily investment property includes three duplexes plus a separate single-family residence. Each duplex unit is designed with three bedrooms and 2.5 baths, while the single-family residence offers three bedrooms and two baths. Units feature open-concept layouts with custom cabinetry, granite countertops, stainless steel appliances, 9-foot ceilings, and spacious walk-in closets.
The duplex addresses are 105 Pocola Drive, 109 Pocola Drive, and 106 Cheyenne Street. The single-family residence is located at 102 Cheyenne St.
The property is listed for sale as a residential income offering in Hot Springs, Arkansas, in Garland County.
The duplex addresses are 105 Pocola Drive, 109 Pocola Drive, and 106 Cheyenne Street. The single-family residence is located at 102 Cheyenne St.
The property is listed for sale as a residential income offering in Hot Springs, Arkansas, in Garland County.
Key Highlights
- Built in 2023: includes 3 duplexes plus 1 single‑family residence
- Duplexes feature 3 bedrooms and 2.5 baths each, with open‑concept layouts and 9‑foot ceilings
- Single‑family residence at 102 Cheyenne St. 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.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Lease Details
6
Residential units
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
19
Businesses Nearby
Explore this area
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Duplex - For sale investment property built in 2023 with three duplexes and one single-family residence.
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: includes 3 duplexes plus 1 single‑family residence; Duplexes feature 3 bedrooms and 2.5 baths each, with open‑concept layouts and 9‑foot ceilings; Single‑family residence at 102 Cheyenne St. offers 3 bedrooms and 2 baths
