Short-Term Rental with Lake
For Sale
$269,900
1453 Lodge Mountain Dr, Hot Springs, AR 71913
Residential, Hot Springs, AR
Property Size1,228 SF
Price / SF$219.79
Days on Market211
Property Features for 1453 Lodge Mountain Dr
General Information
Property type
Residential
Property subtype
Duplex
Bedrooms
2
Bathrooms
2
Full bathrooms
2
Rooms
Bedroom 1, Bedroom 2, Bathroom 1, Bathroom 2
Parking features
Assigned
Patio and Porch features
Deck
Interior features
Washer Connection, Walk-In Closet(s), Ceiling Fan(s), Kit Counter- Granite Slab
Exterior features
Deck
Subdivision
DIAMONDHEAD
Lot features
In Subdivision, Mountain View, Lake View, Common to Golf Course, Common to Lake
Directions
From MLK Bypass, Carpenter Dam Exit, Left on Hwy 290, Left on Hwy 171, Left on Independence Dr., Left onto Lodge Mountain Drive
Standard status
Active
APN
633-11999-107
Size
1,228 SF
Taxes and HOA fees
Tax Year
2025
Tax Description
PINNACLE SHORES HPR #7
Tax Annual Amount
1471
HOA Fee
$129 Monthly
Legal Description
PINNACLE SHORES HPR #7
Utilities
Water front
1
Amenities
Private community lake access and boat ramp
Olympic-sized swimming pool and clubhouse
PGA-rated golf course
Tennis courts
Building Details
Year built
1972
Floors in Building
1
Flooring type
Wood, Tile
Roof type
Shingle
Listing Agency:
Partners Realty
(501) 359-3333
Listed By:
Jessica Smith · License #SA00089995
(501) 627-6011
Added: Mar 1
Changed: Sep 25
Last Checked: Sep 28 at 4:06AM
MLS# 26008050
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 1,228-square-foot short-term rental residence in Hot Springs includes two bedrooms and two bathrooms, with an open living arrangement, granite-slab kitchen counters, quality appliances, wood and tile flooring, a walk-in closet, ceiling fans, and a deck. The home was built in 1972 and features a shingle roof, assigned parking, and a washer connection. HVAC replacement occurred 3 years ago, and the roof was replaced 1 year ago. Lake and mountain views add to the setting, while furnishings are available for purchase in large part.
Community amenities include private lake access, a boat ramp, an Olympic-sized swimming pool, clubhouse, PGA-rated golf course, and tennis courts. Confirmed bookings extend through December 2026, and the property is positioned near Lake Catherine State Park at 1453 Lodge Mountain Dr in Hot Springs, Arkansas.
Community amenities include private lake access, a boat ramp, an Olympic-sized swimming pool, clubhouse, PGA-rated golf course, and tennis courts. Confirmed bookings extend through December 2026, and the property is positioned near Lake Catherine State Park at 1453 Lodge Mountain Dr in Hot Springs, Arkansas.
Key Highlights
- 1,228‑square‑foot residence with 2 bedrooms and 2 bathrooms
- Confirmed short‑term rental bookings through December 2026
- Lake and mountain views with a private community lake and boat ramp
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
$7,578
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
2.81%
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%
$151,560
$151.6K
Cap Rate 7%
$108,257
$108.3K
Cap Rate 9%
$84,200
$84.2K
Market Conditions
NOI Build-Up for 1,228 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
$14.7K $12.00/SF
− Vacancy
−$958 −$0.78/SF
EGI
$13.8K $11.22/SF
− OpEx
−$6.2K −$5.05/SF
NOI
$7.6K $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%
$151,560
Cap Rate 7%
$108,257
Cap Rate 9%
$84,200
Alternative Uses
Best Use
Apartment 5plus
$108.3K
$94.7K – $126.3K
NOI $7,578 @ 7.0% cap · market cap 2.81%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$224.6K
$196.5K – $262.0K
NOI $15,720 @ 7.0% cap · market cap 5.82%
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
23
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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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 - Turnkey residence with updated systems, open interiors, and access to extensive community recreation amenities.
Where is this short term rental property located?
The property is located at 1453 Lodge Mountain Dr Hot Springs, AR.
What is the asking price?
The asking price for this property is $269,900.
What are key features of this property?
This property features: 1,228‑square‑foot residence with 2 bedrooms and 2 bathrooms; Confirmed short‑term rental bookings through December 2026; Lake and mountain views with a private community lake and boat ramp
