Furnished Residential Income
For Sale
$128,900
140 Cooper Street, Hot Springs, AR 71913
Residential, Traditional, Hot Springs, AR
Property Size1,045 SF
Price / SF$123.35
Days on Market184
Property Features for 140 Cooper Street
General Information
Property type
Residential
Property subtype
Duplex
Bedrooms
2
Bathrooms
1
Full bathrooms
1
Rooms
Bathroom 1, Bedroom 1, Bedroom 2
Patio and Porch features
Deck
Interior features
Washer Connection, Washer-Stays, Dryer Connection-Electric, Dryer-Stays, Water Heater-Electric, Window Treatments, Furnished, Kit Counter-Formica
Exterior features
Deck, Outside Storage Area
Appliances
Electric Range, Refrigerator-Stays
Subdivision
CLEARBROOK HPR
Lot features
Level, In Subdivision, Mountain View
Directions
Orange St to Grand Ave to Albert Pike, turn right to Wynn St and right into clearbrook, Unit 3C.
Standard status
Active
Size
1,045 SF
Taxes and HOA fees
Tax Description
See File
Tax Annual Amount
664
HOA Fee
$125 Monthly
Legal Description
See File
Building Details
Year built
1982
Flooring type
Wood, Carpet, Tile
Roof type
Shingle
Architectural style
Other
Additional Structures
Storage
Listing Agency:
Lake Hamilton Realty, Inc.
(501) 525-1466
Listed By:
Connie Alford · License #SA00093819
(901) 481-2438
Added: Apr 7
Changed: Oct 5
Last Checked: Oct 7 at 2:06AM
MLS# 26013909
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 1,045-square-foot upstairs condo was built in 1982 and has two bedrooms and one bathroom. The residence is furnished and includes an electric range, refrigerator, washer, and electric dryer. Wood, carpet, and tile flooring are present, along with window treatments, a deck, and an outside storage area. The living area looks toward the west mountain range.
The property is in Hot Springs, near shopping, downtown amenities, restaurants, and entertainment. It is part of a 55+ community.
The property is in Hot Springs, near shopping, downtown amenities, restaurants, and entertainment. It is part of a 55+ community.
Key Highlights
- 1,045‑square‑foot condo with two bedrooms and one bathroom
- Furnished unit in a 55+ community
- Upstairs residence with a deck and outside storage area
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$6,449
Cap Rate
5.00%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$128,980
$129.0K
Cap Rate 7%
$92,129
$92.1K
Cap Rate 9%
$71,656
$71.7K
Market Conditions
NOI Build-Up for 1,045 SF
Gross rent
$12.5K $12.00/SF
− Vacancy
−$815 −$0.78/SF
EGI
$11.7K $11.22/SF
− OpEx
−$5.3K −$5.05/SF
NOI
$6.4K $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 Rate 5%
$128,980
Cap Rate 7%
$92,129
Cap Rate 9%
$71,656
Alternative Uses
Best Use
Apartment 5plus
$92.1K
$80.6K – $107.5K
NOI $6,449 @ 7.0% cap · market cap 5.00%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$191.1K
$167.2K – $223.0K
NOI $13,378 @ 7.0% cap · market cap 10.38%
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
492
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
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Frequently Asked Questions
What type of property is this?
Residential income property - An upstairs, furnished condo in a 55+ community includes two bedrooms and a private deck.
Where is this residential income property located?
The property is located at 140 Cooper Street Hot Springs, AR.
What is the asking price?
The asking price for this property is $128,900.
What are key features of this property?
This property features: 1,045‑square‑foot condo with two bedrooms and one bathroom; Furnished unit in a 55+ community; Upstairs residence with a deck and outside storage area
