Furnished Residential Income
New
For Sale
$141,500
20 Orantes Place, Hot Springs Village, AR 71909
Residential, Traditional, Townhouse, Hot Springs Village, AR
Property Size1,120 SF
Lot Size0.02 Acres
Price / SF$126.34
Days on Market4
Property Features for 20 Orantes Place
General Information
Property type
Residential
Property subtype
Duplex
Bedrooms
2
Bathrooms
2
Full bathrooms
1
Half bathrooms
1
Rooms
Bedroom 1, Bathroom 2, Bedroom 2, Bathroom 1
Patio and Porch features
Deck, Patio
Interior features
Washer-Stays, Dryer-Stays, Ceiling Fan(s), Furnished, Kit Counter-Formica
Exterior features
Patio, Deck, Covered Patio
Appliances
Free-Standing Stove, Microwave, Electric Range, Dishwasher, Disposal, Refrigerator-Stays
Subdivision
CORONADO COURTS
Lot features
In Subdivision
Elementary school
Jessieville
Middle school
Jessieville
High school
Jessieville
Directions
From the East gate continue straight for about 8 miles then turn left onto Balearic Road, next turn left onto Ponderosa Way, then right onto Orantes Place and your destination will be on your right.
Standard status
Active
Size
1,120 SF
Lot size
0.02 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
block 1, lot 10
Tax Annual Amount
551
HOA Fee
$116 Monthly
Legal Description
block 1, lot 10
Amenities
covered decks
paved parking
golf
swimming pools
tennis courts
fitness facilities
walking and bike trails
Building Details
Year built
1976
Floors in Building
2
Flooring type
Wood, Carpet, Tile
Roof type
Shingle
Architectural style
Other
Listing Agency:
Taylor Realty Group HSV
(501) 463-9506
Listed By:
Janae Cook Richards
(501) 282-4430
Added: Oct 1
Last Checked: Oct 4 at 10:06PM
MLS# 26039789
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 furnished, two-level residence contains 1,120 square feet, with two bedrooms and one-and-a-half bathrooms. Living and dining areas share the main level, while both bedrooms are downstairs. Interior finishes include bamboo flooring in the living and dining area, along with tile and carpet elsewhere. The kitchen has Formica countertops and includes an electric range, microwave, dishwasher, and refrigerator; a washer and dryer also remain. Covered decks provide outdoor space and wooded views, with a stream nearby. The home was built in 1976 and has vinyl siding, a shingle roof, and paved parking.
The property is in a gated community in Hot Springs Village, where community amenities include golf, swimming pools, tennis courts, fitness facilities, and walking and biking trails.
The property is in a gated community in Hot Springs Village, where community amenities include golf, swimming pools, tennis courts, fitness facilities, and walking and biking trails.
Key Highlights
- 1,120‑square‑foot residence with 2 bedrooms and 1.5 bathrooms
- Furnished; washer, dryer, refrigerator, and kitchen appliances stay
- Two‑level layout places both bedrooms below the main living and dining area
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
$6,912
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
4.88%
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%
$138,240
$138.2K
Cap Rate 7%
$98,743
$98.7K
Cap Rate 9%
$76,800
$76.8K
Market Conditions
NOI Build-Up for 1,120 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
$13.4K $12.00/SF
− Vacancy
−$874 −$0.78/SF
EGI
$12.6K $11.22/SF
− OpEx
−$5.7K −$5.05/SF
NOI
$6.9K $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%
$138,240
Cap Rate 7%
$98,743
Cap Rate 9%
$76,800
Alternative Uses
Best Use
Apartment 5plus
$98.7K
$86.4K – $115.2K
NOI $6,912 @ 7.0% cap · market cap 4.88%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$204.8K
$179.2K – $239.0K
NOI $14,338 @ 7.0% cap · market cap 10.13%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Residential income property - Furnished two-level residence with covered outdoor space in a gated community.
Where is this residential income property located?
The property is located at 20 Orantes Place Hot Springs Village, AR.
What is the asking price?
The asking price for this property is $141,500.
What are key features of this property?
This property features: 1,120‑square‑foot residence with 2 bedrooms and 1.5 bathrooms; Furnished; washer, dryer, refrigerator, and kitchen appliances stay; Two‑level layout places both bedrooms below the main living and dining area
