Short-Term Rental Townhouse with
New
For Sale
$159,900
14 Orantes Place, Hot Springs Village, AR 71909
Residential, Townhouse, Hot Springs Village, AR
Property Size1,056 SF
Lot Size0.02 Acres
Price / SF$151.42
Days on Market2
Property Features for 14 Orantes Place
General Information
Property type
Residential
Property subtype
Duplex
Bedrooms
2
Bathrooms
2
Full bathrooms
1
Half bathrooms
1
Rooms
Bathroom 2, Bedroom 2, Bathroom 1, Bedroom 1, Living Room
Patio and Porch features
Porch, Deck
Interior features
Washer Connection, Washer-Stays, Dryer Connection-Electric, Dryer-Stays, Water Heater-Electric, Balcony/Loft, Built-Ins, Ceiling Fan(s)
Exterior features
Deck, Porch, Guttering
Appliances
Electric Range, Dishwasher, Refrigerator-Stays
Subdivision
CORONADO COURTS
Lot features
Wooded, In Subdivision
Directions
From N Hwy 7 (AR-7): Turn R onto De Soto Blvd. Turn R onto W Villena Dr. Turn R onto Barcelona Rd. Turn R onto Camino Rd. Turn L onto Balearic Rd. Turn R onto Ponderosa Way. Turn R onto Ponderosa Ln. Turn R onto Orantes Pl. Keep L on Orantes Pl.
Standard status
Active
Size
1,056 SF
Lot size
0.02 Acres
Taxes and HOA fees
Tax Description
Coronado Courts #1 Bl 1 Lt 7
Tax Annual Amount
843
HOA Fee
$116 Monthly
Legal Description
Coronado Courts #1 Bl 1 Lt 7
Amenities
private deck
Building Details
Year built
1976
Floors in Building
2
Flooring type
Vinyl, Carpet
Roof type
Shingle
Architectural style
Other
Listing Agency:
McGraw Realtors - HS
(501) 881-3331
Listed By:
Michael Morgridge
(575) 770-0487
Added: Oct 7
Last Checked: Oct 8 at 12:06AM
MLS# 26040739
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 1,056-square-foot townhome has two bedrooms and two bathrooms, with a living room, loft, and built-in features. Upper and lower decks face wooded surroundings and a stream. The 0.02-acre property was built in 1976 and includes a washer and dryer, electric range, dishwasher, and refrigerator.
Key Highlights
- 1,056‑square‑foot townhome with two bedrooms and two bathrooms
- Upper and lower decks facing woods and a stream
- Washer and dryer stay with the property; refrigerator also stays
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$6,517
Cap Rate
4.08%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$130,340
$130.3K
Cap Rate 7%
$93,100
$93.1K
Cap Rate 9%
$72,411
$72.4K
Market Conditions
NOI Build-Up for 1,056 SF
Gross rent
$12.7K $12.00/SF
− Vacancy
−$824 −$0.78/SF
EGI
$11.8K $11.22/SF
− OpEx
−$5.3K −$5.05/SF
NOI
$6.5K $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%
$130,340
Cap Rate 7%
$93,100
Cap Rate 9%
$72,411
Alternative Uses
Best Use
Apartment 5plus
$93.1K
$81.5K – $108.6K
NOI $6,517 @ 7.0% cap · market cap 4.08%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$193.1K
$169.0K – $225.3K
NOI $13,518 @ 7.0% cap · market cap 8.45%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
1
Residential units
Location Intelligence
Trade Area within ½ mile
46
Businesses Nearby
Explore this area
Business Placement
Demographics for 71909, AR
17,935
Population
10,563
Households
1.7
Avg Household Size
67
Median Age
33%
College-Educated
97%
High-School Grad
79.3 sq mi
ZIP Area
226
Density / Sq Mi
$69,171
Median Household Income
$31,165
Median Earnings
$1,143
Median Rent
$255,600
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in South region
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Frequently Asked Questions
What type of property is this?
Short term rental property - Two bedrooms, two bathrooms, and upper and lower outdoor decks provide flexible spaces for residents or guests.
Where is this short term rental property located?
The property is located at 14 Orantes Place Hot Springs Village, AR.
What is the asking price?
The asking price for this property is $159,900.
What are key features of this property?
This property features: 1,056‑square‑foot townhome with two bedrooms and two bathrooms; Upper and lower decks facing woods and a stream; Washer and dryer stay with the property; refrigerator also stays
