Updated Townhome with Loft
116 Emperado Hot Springs Village, AR 71909
116 Emperado, Hot Springs Village, AR, 71909
$119,900
For Sale
Under Contract
$119,900
TOWNHOME - Hot Springs Village, AR
Property Size1,214 SF
Lot Size0.15 Acres
Price / SF$98.76
Days on Market84
Property Features for 116 Emperado
General Information
- Property type
- Residential
- Property subtype
- Duplex
- Bedrooms
- 3
- Bathrooms
- 2
- Rooms
- Bathroom 1, Office, Bedroom 2, Bathroom 2, Bedroom 3, Bedroom 1
- Patio and Porch features
- Patio
- Interior features
- Dry Bar, Washer-Stays, Dryer-Stays, Water Heater-Electric, Ceiling Fan(s), Walk-in Shower, Furnished
- Exterior features
- Patio
- Appliances
- Microwave, Electric Range, Dishwasher, Refrigerator-Stays
- Standard status
- Active Under Contract
- Size
- 1,214 SF
- Lot size
- 0.15 Acres
Taxes and HOA fees
- Tax Description
- Lot 116 Block 1
- Tax Annual Amount
- 656
Building Details
- Year built
- 1971
- Floors in Building
- 2
- Flooring type
- Tile, Laminate
- Roof type
- Composition
- Architectural style
- Other
Listing Agency
Southern Realty of Hot Springs, Inc.
(501) 321-2025
1603 Central Ave, Hot Springs, AR
Listed by
Holly Robertson · License #00051450
(501) 204-2958
Added: Apr 28 Updated: Jul 19 at 1:16 am Checked: Jul 20 at 1:06 pm
MLS# 26016860
Listing URL
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 updated townhome offers a comfortable, functional layout with an open main level featuring a living room, half bath, galley kitchen, main dining area, and an additional bonus room. The bonus space is currently set up as an extra dining area, but it could also be used as a main-level third bedroom, home office, hobby room, or game/den area. Upstairs includes two bedrooms and a full bathroom.
Recent improvements include a new roof, new HVAC, new hot water heater, new flooring and paint throughout, along with some new plumbing and electrical. The kitchen also features new countertops, and the home includes new appliances. The property is being sold fully furnished, including appliances, linens, and dishes.
Set on a 0.15-acre lot, this townhouse provides an easy, turn-key option for residential living or a short-term rental setup, depending on how you plan to use the space.
Recent improvements include a new roof, new HVAC, new hot water heater, new flooring and paint throughout, along with some new plumbing and electrical. The kitchen also features new countertops, and the home includes new appliances. The property is being sold fully furnished, including appliances, linens, and dishes.
Set on a 0.15-acre lot, this townhouse provides an easy, turn-key option for residential living or a short-term rental setup, depending on how you plan to use the space.
Key Highlights
- Updated townhouse with distant golf course view from the bedroom window
- Recent updates include new roof, new HVAC, new electric water heater, new flooring and paint
- Some new plumbing and some new electric, plus updated countertops and new appliances
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 | $12.4k | $10.20 |
| − Vacancy | −$929 | −$0.77 |
| EGI | $11.5k | $9.44 |
| − OpEx | −$3.4k | −$2.83 |
| NOI | $8.0k | $6.60 |
1,214 SF · lease $10.20/SF/yr · vacancy 7.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$114.5K
$100.2K – $133.6K
NOI $8,018 @ 7.0% cap · market cap 6.69%
Second Best
Apartment 5plus
$107.0K
$93.7K – $124.9K
NOI $7,492 @ 7.0% cap · market cap 6.25%
Theoretical Best
Office A
$222.0K
$194.3K – $259.0K
NOI $15,541 @ 7.0% cap · market cap 12.96%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Duplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Duplex - Updated townhome with new roof, HVAC, and water heater, plus two bedrooms, a full bath, and a flexible bonus room.
Where is this duplex located?
The property is located at 116 Emperado Hot Springs Village, AR.
What is the asking price?
The asking price for this property is $119,900.
What are key features of this property?
This property features: Updated townhouse with distant golf course view from the bedroom window; Recent updates include new roof, new HVAC, new electric water heater, new flooring and paint; Some new plumbing and some new electric, plus updated countertops and new appliances
