Furnished Short-Term Rental
200 Hamilton Oaks #G1, Hot Springs, AR 71913
For Sale
$285,000
Pending
A furnished condo with a private balcony and access to community recreation and Lake Hamilton.
Property Size1,296 SF
Days on Market128
Property Features for 200 Hamilton Oaks #G1
General Information
Standard status
Size
Property subtype
Units
Unit Mix
Multifamily Units
Additional Details
Furnished
Highway Access
Amenities
private balcony
gated entry
swimming pools
hot tub
tennis courts
beautifully maintained grounds
lake access
Building Details
Year Built
Listing Agency:
United Country Real Estate Land and Lakes Group
(501) 520-6699
Listed By:
Will Lindsay III · License AR PB00073534
(501) 574-2592
Source:
Blairrealtors
Added: Jul 6
Changed: Nov 9
Last Checked: Nov 9 at 7:08AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of United Country Real Estate Land and Lakes Group
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Investment Insights
Based on property information with market context.
This 1,296-square-foot condo has two bedrooms, two bathrooms, and an open living and dining area connected to the kitchen. It is furnished and includes a private balcony. Built in 1979, the unit is in the gated South Shore community in the Highway 7 South area of Hot Springs.
Community amenities include swimming pools, a hot tub, tennis courts, maintained grounds, and lake access. Oaklawn Racing Casino Resort, downtown Hot Springs, restaurants, shopping, and local attractions are described as minutes away. The property is presented for use as a full-time residence, a weekend retreat, or a short-term rental.
Community amenities include swimming pools, a hot tub, tennis courts, maintained grounds, and lake access. Oaklawn Racing Casino Resort, downtown Hot Springs, restaurants, shopping, and local attractions are described as minutes away. The property is presented for use as a full-time residence, a weekend retreat, or a short-term rental.
Key Highlights
- Furnished 2‑bedroom, 2‑bath condo
- 1,296 square feet; built in 1979
- Open living and dining area, kitchen, and private balcony
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$7,998
Cap Rate
2.81%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$159,960
$160.0K
Cap Rate 7%
$114,257
$114.3K
Cap Rate 9%
$88,867
$88.9K
Market Conditions
NOI Build-Up for 1,296 SF
Gross rent
$15.6K $12.00/SF
− Vacancy
−$1.0K −$0.78/SF
EGI
$14.5K $11.22/SF
− OpEx
−$6.5K −$5.05/SF
NOI
$8.0K $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%
$159,960
Cap Rate 7%
$114,257
Cap Rate 9%
$88,867
Alternative Uses
Best Use
Apartment 5plus
$114.3K
$100.0K – $133.3K
NOI $7,998 @ 7.0% cap · market cap 2.81%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$237.0K
$207.4K – $276.5K
NOI $16,591 @ 7.0% cap · market cap 5.82%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Lease Details
1
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
174
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
$179,200
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Average Price Trend$/SF for Short term rental properties in Hot Springs, AR
Properties on Market for Short term rental properties in Hot Springs
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Short term rental property - A furnished condo with a private balcony and access to community recreation and Lake Hamilton.
Where is this short term rental property located?
The property is located at 200 Hamilton Oaks #G1 Hot Springs, AR.
What is the asking price?
The asking price for this property is $285,000.
What are key features of this property?
This property features: Furnished 2‑bedroom, 2‑bath condo; 1,296 square feet; built in 1979; Open living and dining area, kitchen, and private balcony
