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End-Unit Townhome with Finished Basement

25 Reddina Lane Hot Springs Village, AR 71909

25 Reddina Lane, Hot Springs Village, AR, 71909
$190,000
For Sale
$190,000

CONDOS - Hot Springs Village, AR

Property Size1,408 SF
Lot Size0.05 Acres
Price / SF$134.94
Days on Market8

Property Features for 25 Reddina Lane

General Information

Property type
Residential
Property subtype
Duplex
Bedrooms
3
Bathrooms
3
Rooms
Bonus Room, Bedroom 1, Bathroom 3, Bathroom 2, Bedroom 2, Basement, Bedroom 3, Bathroom 1
Parking features
Assigned
Patio and Porch features
Deck
Interior features
Washer Connection, Dryer Connection-Electric, Water Heater-Electric, Ceiling Fan(s), Walk-in Shower, Kit Counter-Quartz
Exterior features
Deck
Appliances
Microwave, Electric Range, Dishwasher, Disposal, Pantry, Refrigerator-Stays
Standard status
Active
Size
1,408 SF
Lot size
0.05 Acres

Taxes and HOA fees

Tax Description
Lot 12, Block 002
Tax Annual Amount
924

Building Details

Year built
1984
Flooring type
Carpet, Vinyl
Roof type
Shingle
Architectural style
Bungalow
Listing Agency Big Red Realty
3950 Hwy 7 N, Hot Springs Village, AR
Listed by DuWayne Futch
Added: Jul 14 Updated: Jul 21 at 3:15 am Checked: Jul 21 at 6:06 am
MLS# 26028448 Listing URL

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 end-unit townhome offers main-level comfort with both a master bedroom and one guest bedroom, along with a washer and dryer. The interior features luxury vinyl floors, quartz countertops, and stainless-steel appliances. A finished basement provides flexible additional space, including a half bathroom, built-in twin beds, and a large bonus area, with new carpet and vinyl flooring downstairs.

The home includes a back deck with privacy screens for outdoor use. Recent upgrades include a roof and HVAC installed in 2024, with a refrigerator and patio door updated in 2026.

Please note there is a POA new member buy-in fee due at closing.

Key Highlights

  • End unit townhouse built in 1984 with bungalow architectural style and shingle roof
  • Quartz countertops and stainless‑steel appliances; electric range, microwave, dishwasher, disposal, and refrigerator
  • Main‑level layout with washer/dryer connections; master bedroom and one guest bedroom on the main level

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 $14.4k $10.20
− Vacancy −$1.1k −$0.77
EGI $13.3k $9.44
− OpEx −$4.0k −$2.83
NOI $9.3k $6.60
1,408 SF · lease $10.20/SF/yr · vacancy 7.50% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$132.8K
$116.2K – $155.0K (±1% cap)
NOI $9,299 @ 7.0% cap · market cap 4.89%
Second Best
Apartment 5plus
$124.1K
$108.6K – $144.8K (±1% cap)
NOI $8,689 @ 7.0% cap · market cap 4.57%
Theoretical Best
Office A
$257.5K
$225.3K – $300.4K (±1% cap)
NOI $18,025 @ 7.0% cap · market cap 9.49%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Duplexes

Suggested Use

Law Firm Building Supply Electrical Service Plumbing Service Nail Salon Hair Salon Kitchen & Bath Showroom Grocery & Convenience Store (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Duplex - End unit townhome with main-level bedrooms, finished basement, and deck with privacy screens.
Where is this duplex 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 $190,000.
What are key features of this property?
This property features: End unit townhouse built in 1984 with bungalow architectural style and shingle roof; Quartz countertops and stainless‑steel appliances; electric range, microwave, dishwasher, disposal, and refrigerator; Main‑level layout with washer/dryer connections; master bedroom and one guest bedroom on the main level
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