Furnished Short-Term Rental
New
For Sale
$299,900
110 Jamison Lane, Hot Springs, AR 71913
CONDOS - Hot Springs, AR
Property Size1,520 SF
Price / SF$197.30
Days on Market4
Property Features for 110 Jamison Lane
General Information
Property type
Residential
Property subtype
Duplex
Bedrooms
2
Bathrooms
2
Full bathrooms
2
Rooms
Bedroom 2, Great Room, Bathroom 1, Bathroom 2, Laundry Room, Bedroom 1
Parking features
Carport, Assigned
Patio and Porch features
Patio
Interior features
Washer Connection, Dryer Connection-Electric, Water Heater-Electric, Walk-In Closet(s), Ceiling Fan(s), Breakfast Bar, Furnished, Elevator
Exterior features
Patio, Outside Storage Area, Inground Pool
Accessibility
Accessible Elevator Installed
Appliances
Free-Standing Stove, Microwave, Electric Range, Dishwasher
Subdivision
WATERS EDGE HPR
Lot features
In Subdivision, River/ Lake Area, Lake View, Lake Front, Waterfront
Directions
Follow Hwy 7 South (Central Ave South), then after second bridge, turn Left right before Jose's onto Jamison Lane. Go up elevator to B-3.
Standard status
Active
APN
200-68275-003-000
Size
1,520 SF
Taxes and HOA fees
Tax Year
2025
Tax Description
BLDG A-B UNIT 3 MIDDLE
Tax Annual Amount
2051
HOA Fee
$400 Monthly
Legal Description
BLDG A-B UNIT 3 MIDDLE
Utilities
Water front
1
Amenities
elevator
private storage
pool
boat slips
gated community
fireplace
balcony
washer/dryer
Building Details
Year built
2005
Floors in Building
1
Flooring type
Carpet, Tile
Additional Structures
Storage
Listing Agency:
White Stone Real Estate
(501) 359-3009
Listed By:
Amber White · License #AB00067273
(501) 922-7508
Added: Aug 4
Last Checked: Aug 7 at 12:06PM
MLS# 26031701
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.
Investment Insights
Based on property information with market context.
This 1,520-square-foot condominium was built in 2005 and is offered fully furnished. The layout includes two bedrooms, two bathrooms, a great room, breakfast bar, walk-in closet, and separate laundry room. An oversized kitchen connects with the living area, which opens to a covered balcony with lake and pool views. The primary suite has private balcony access, a soaking tub, and separate shower. Interior features include carpet and tile flooring, electric appliances, ceiling fans, and an elevator.
The gated community provides covered assigned parking, private storage, maintained grounds, and an inground pool. Nightly rentals are allowed. Owners may use two shared boat slips for temporary stays of up to two weeks at a time. The property is located just off Lake Hamilton in Hot Springs, Arkansas.
The gated community provides covered assigned parking, private storage, maintained grounds, and an inground pool. Nightly rentals are allowed. Owners may use two shared boat slips for temporary stays of up to two weeks at a time. The property is located just off Lake Hamilton in Hot Springs, Arkansas.
Key Highlights
- 1,520‑square‑foot furnished condominium with two bedrooms and two bathrooms
- Nightly rentals are allowed
- Covered balcony with lake and pool views
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$9,380
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
3.13%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$187,600
$187.6K
Cap Rate 7%
$134,000
$134.0K
Cap Rate 9%
$104,222
$104.2K
Market Conditions
NOI Build-Up for 1,520 SF
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.
Gross rent
$18.2K $12.00/SF
− Vacancy
−$1.2K −$0.78/SF
EGI
$17.1K $11.22/SF
− OpEx
−$7.7K −$5.05/SF
NOI
$9.4K $6.17/SF
Area
Garland County, AR
Vacancy
6.50%
Lease Rate
$12.00 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$187,600
Cap Rate 7%
$134,000
Cap Rate 9%
$104,222
Alternative Uses
Best Use
Apartment 5plus
$134.0K
$117.3K – $156.3K
NOI $9,380 @ 7.0% cap · market cap 3.13%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$278.0K
$243.2K – $324.3K
NOI $19,458 @ 7.0% cap · market cap 6.49%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
176
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
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Short term rental property - Lake and pool views, covered parking, elevator access, and a gated community pool support flexible ownership and rental use.
Where is this short term rental property located?
The property is located at 110 Jamison Lane Hot Springs, AR.
What is the asking price?
The asking price for this property is $299,900.
What are key features of this property?
This property features: 1,520‑square‑foot furnished condominium with two bedrooms and two bathrooms; Nightly rentals are allowed; Covered balcony with lake and pool views
