Furnished Short-Term Rental
New
For Sale
$235,000
118 Pretti Point A2, Hot Springs, AR 71913
Residential, Traditional, Hot Springs, AR
Property Size1,126 SF
Price / SF$208.70
Days on Market2
Property Features for 118 Pretti Point A2
General Information
Property type
Residential
Property subtype
Duplex
Bedrooms
2
Bathrooms
2
Full bathrooms
2
Rooms
Bedroom 2, Bedroom 1, Bathroom 1, Bathroom 2
Parking features
Assigned
Appliances
Dishwasher, Disposal, Electric Range, Free-Standing Stove, Refrigerator-Stays
Subdivision
Moonlight Cove Villas HPR
Lot features
In Subdivision, Level
Directions
From Little Rock, take Exit 111 towards Hot Springs to 270 bypass, take Central exit (south), right on Peters Point, turn left at stop sign to Pretti Point A2.
Standard status
Active
APN
400-45555-002-000
Size
1,126 SF
Taxes and HOA fees
Tax Year
2025
Tax Description
Lot 002 Block 00A
Tax Annual Amount
1571
HOA Fee
$170 Monthly
Legal Description
Lot 002 Block 00A
Utilities
Water front
1
Amenities
fully stocked kitchen
private patio
lake access
pool
Building Details
Year built
2005
Floors in Building
2
Flooring type
Vinyl, Tile
Roof type
Shingle
Architectural style
Other
Listing Agency:
Baxley-Penfield-Moudy Realtors
(501) 315-5000
Listed By:
Rebecca Bowen
(501) 303-8033
Added: Oct 28
Last Checked: Oct 29 at 2:06PM
MLS# 26043412
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.
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Investment Insights
Based on property information with market context.
Offered furnished, this 1,126-square-foot condo has two bedrooms, two bathrooms, an open living area, and a private patio. Vinyl and tile flooring, a dishwasher, disposal, electric range, and refrigerator are among the interior features. The building dates to 2005, and parking is assigned.
The property provides direct access to Lake Hamilton, along with use of a pool. An active short-term rental license is in place.
The property provides direct access to Lake Hamilton, along with use of a pool. An active short-term rental license is in place.
Key Highlights
- 1,126‑square‑foot condo with two bedrooms and two bathrooms
- Active short‑term rental license
- Furnished; refrigerator stays
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$6,949
Cap Rate
2.96%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$138,980
$139.0K
Cap Rate 7%
$99,271
$99.3K
Cap Rate 9%
$77,211
$77.2K
Market Conditions
NOI Build-Up for 1,126 SF
Gross rent
$13.5K $12.00/SF
− Vacancy
−$878 −$0.78/SF
EGI
$12.6K $11.22/SF
− OpEx
−$5.7K −$5.05/SF
NOI
$6.9K $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 Rate 5%
$138,980
Cap Rate 7%
$99,271
Cap Rate 9%
$77,211
Alternative Uses
Best Use
Apartment 5plus
$99.3K
$86.9K – $115.8K
NOI $6,949 @ 7.0% cap · market cap 2.96%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$205.9K
$180.2K – $240.3K
NOI $14,415 @ 7.0% cap · market cap 6.13%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Open Analytics
Lease Details
1
Residential units
Location Intelligence
Trade Area within ½ mile
225
Businesses Nearby
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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
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Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Short term rental property - This two-bedroom, two-bathroom condo includes an active short-term rental license and access to a shared pool.
Where is this short term rental property located?
The property is located at 118 Pretti Point A2 Hot Springs, AR.
What is the asking price?
The asking price for this property is $235,000.
What are key features of this property?
This property features: 1,126‑square‑foot condo with two bedrooms and two bathrooms; Active short‑term rental license; Furnished; refrigerator stays
