166 168 172 176 Long Beach Drive Hot Springs, AR 71913
MULTI_FAMILY - Hot Springs, AR
Property Features for 166 168 172 176 Long Beach Drive
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Parking features
- Garage
- Appliances
- Free-Standing Stove, Refrigerator-Stays, Free-Standing Stove, Refrigerator-Stays
- Standard status
- Active
- Size
- 3,212 SF
- Lot size
- 0.39 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Description
- Lot 3B Hardage-Vance Sub
- Tax Annual Amount
- 1673
Building Details
- Year built
- 1999
- Floors in Building
- 1
- Number of units
- 5
- Flooring type
- Vinyl
- Roof type
- Metal
- Architectural style
- Other
Listing agent Randy Whitehead License #SA00093211 (501) 844-9011
Listing office ESQ. Realty Group - Hot Springs 127 Hawthorne St., Hot Springs, AR (501) 255-0509
Listing date May 28, 2026
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.
The property is located in Hot Springs, AR in the Lakeside School District. It sits in a convenient area within walking distance to Dollar General and Harps Grocery, and the site is partially fenced.
With an estimated potential rental income of approximately $5,600 per month, this is a straightforward multi-family portfolio addition for buyers seeking established income and on-site improvements already completed across most units.
Key Highlights
- High income potential: Approximately $5,600 per month.
- Multi‑family property with 5 units (duplex and 3 mobile homes) for diverse income streams.
- Four of the five units have been renovated.
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- 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.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $32.8k | $10.20 |
| − Vacancy | −$2.5k | −$0.77 |
| EGI | $30.3k | $9.44 |
| − OpEx | −$9.1k | −$2.83 |
| NOI | $21.2k | $6.60 |
