Short-Term Rental
New
For Sale
$235,000
1463 Lodge Mountain Road, Hot Springs, AR 71913
Residential, Hot Springs, AR
Property Size1,228 SF
Price / SF$191.37
Days on Market7
Property Features for 1463 Lodge Mountain Road
General Information
Property type
Residential
Property subtype
Duplex
Bedrooms
2
Bathrooms
2
Full bathrooms
2
Rooms
Bedroom 1, Bathroom 2, Bedroom 2, Bathroom 1
Parking features
Carport, Assigned
Patio and Porch features
Patio, Deck
Interior features
Water Heater-Electric, Walk-in Shower
Exterior features
Patio, Deck
Appliances
Microwave, Electric Range, Dishwasher, Disposal
Subdivision
DIAMONDHEAD
Lot features
Mountain View, Lake View
Directions
Carpenter Dam Rd, Left on HWY 290, Left on Hwy 171, Left on Independence, Left on Lodge Mountain Dr, left into Pinnacle Shores. Unit is to the right just inside the foyer of the main entrance.
Standard status
Active
Size
1,228 SF
Taxes and HOA fees
Tax Year
2025
Tax Description
Unit 3, Pinnacle Shores HPR
Tax Annual Amount
1019
HOA Fee
$113 Monthly
Legal Description
Unit 3, Pinnacle Shores HPR
Utilities
Water front
1
Amenities
community pool
basketball court
pavilion
playground
access to golf
Building Details
Year built
1972
Floors in Building
1
Flooring type
Tile, Carpet, Wood
Roof type
Shingle
Listing Agency:
White Stone Real Estate
(501) 359-3009
Listed By:
Tracey Wheelington · License #EB00046501
(501) 318-3464
Added: Sep 28
Last Checked: Oct 4 at 9:06PM
MLS# 26039291
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 condo has two bedrooms and two bathrooms, with a private bath for each bedroom. The walk-in-level layout has no steps. Vaulted ceilings, natural stone details, granite kitchen counters, and stainless steel appliances complement two private balconies. Built in 1972, the building was converted from a country club into condominiums. The unit includes two assigned parking spaces, one covered.
The condo is in the Diamondhead community, overlooking Lake Catherine and the Ouachita Mountains. Community amenities include a pool, basketball court, pavilion, playground, and golf access. Lake Catherine State Park, Garvan Woodland Gardens, Entergy Park, and downtown Hot Springs are also identified nearby.
Nightly rentals are allowed, and the condo can also serve as a full-time residence or weekend retreat. The property combines two-bedroom, two-bathroom accommodations with lake and mountain views, private outdoor space, and community facilities.
The condo is in the Diamondhead community, overlooking Lake Catherine and the Ouachita Mountains. Community amenities include a pool, basketball court, pavilion, playground, and golf access. Lake Catherine State Park, Garvan Woodland Gardens, Entergy Park, and downtown Hot Springs are also identified nearby.
Nightly rentals are allowed, and the condo can also serve as a full-time residence or weekend retreat. The property combines two-bedroom, two-bathroom accommodations with lake and mountain views, private outdoor space, and community facilities.
Key Highlights
- 1,228‑square‑foot condo with 2 bedrooms and 2 bathrooms
- Each bedroom has its own private bath
- Two private balconies face views of Lake Catherine and the Ouachita Mountains
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
3.22%
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 3.22%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$224.6K
$196.5K – $262.0K
NOI $15,720 @ 7.0% cap · market cap 6.69%
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 - Nightly rentals are permitted, with community recreation amenities and two assigned parking spaces.
Where is this short term rental property located?
The property is located at 1463 Lodge Mountain Road 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: 1,228‑square‑foot condo with 2 bedrooms and 2 bathrooms; Each bedroom has its own private bath; Two private balconies face views of Lake Catherine and the Ouachita Mountains
