End-Unit Residential Income
For Sale
$174,900
25 Reddina Lane, Hot Springs Village, AR 71909
The townhouse includes a finished lower level, two main-floor bedrooms, and an outdoor deck with privacy screens.
Property Size1,408 SF
Price / SF$124.22
Days on Market15
Property Features for 25 Reddina Lane
General Information
Standard status
Active
Size
1,408 SF
Property subtype
Condo/Townhse/Duplex/Apt
Amenities
back deck with privacy screens
Building Details
Year Built
1984
Listing Agency:
Big Red Realty
(501) 623-7905
Listed By:
DuWayne Futch
(501) 366-7966
Source:
Blairrealtors
Added: Oct 16
Changed: Oct 30
Last Checked: Oct 30 at 2:45PM
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 Big Red Realty
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Investment Insights
Based on property information with market context.
This end-unit townhouse was built in 1984 and has two bedrooms on the main floor, along with the laundry area. The finished lower level adds a half bathroom, built-in twin beds, and a separate bonus area. Luxury vinyl flooring, quartz countertops, and stainless-steel appliances are among the interior finishes; the lower level has carpet and vinyl flooring. A rear deck with privacy screens provides outdoor space.
The roof and HVAC system were updated in 2024. The refrigerator and patio door date to 2026.
The roof and HVAC system were updated in 2024. The refrigerator and patio door date to 2026.
Key Highlights
- End‑unit townhouse with a finished lower level
- Two bedrooms and laundry area on the main floor
- Lower level includes built‑in twin beds, a half bathroom, and bonus space
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$8,689
Cap Rate
4.97%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$173,780
$173.8K
Cap Rate 7%
$124,129
$124.1K
Cap Rate 9%
$96,544
$96.5K
Market Conditions
NOI Build-Up for 1,408 SF
Gross rent
$16.9K $12.00/SF
− Vacancy
−$1.1K −$0.78/SF
EGI
$15.8K $11.22/SF
− OpEx
−$7.1K −$5.05/SF
NOI
$8.7K $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%
$173,780
Cap Rate 7%
$124,129
Cap Rate 9%
$96,544
Alternative Uses
Best Use
Apartment 5plus
$124.1K
$108.6K – $144.8K
NOI $8,689 @ 7.0% cap · market cap 4.97%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$257.5K
$225.3K – $300.4K
NOI $18,025 @ 7.0% cap · market cap 10.31%
Zoning and permitted uses should be independently verified with authorities.
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Location Intelligence
Trade Area within ½ mile
93
Businesses Nearby
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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
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Frequently Asked Questions
What type of property is this?
Residential income property - The townhouse includes a finished lower level, two main-floor bedrooms, and an outdoor deck with privacy screens.
Where is this residential income property located?
The property is located at 25 Reddina Lane Hot Springs Village, AR.
What is the asking price?
The asking price for this property is $174,900.
What are key features of this property?
This property features: End‑unit townhouse with a finished lower level; Two bedrooms and laundry area on the main floor; Lower level includes built‑in twin beds, a half bathroom, and bonus space
