Residential Income Property with
For Sale
$215,000
28 Macotera Place, Hot Springs Village, AR 71909
Residential, Townhouse, Hot Springs Village, AR
Property Size1,691 SF
Price / SF$127.14
Days on Market8
Property Features for 28 Macotera Place
General Information
Property type
Residential
Property subtype
Duplex
Bedrooms
3
Bathrooms
3
Full bathrooms
2
Half bathrooms
1
Rooms
Bedroom 1, Bonus Room, Bathroom 1, Bathroom 2, Laundry Room, Bedroom 2, Bathroom 3, Bedroom 3
Patio and Porch features
Deck
Interior features
Washer Connection, Washer-Stays, Dryer Connection-Electric, Dryer-Stays, Water Heater-Electric, Smoke Detector(s), Window Treatments, Ceiling Fan(s), Walk-in Shower, Kit Counter- Granite Slab
Exterior features
Deck
Appliances
Dishwasher, Disposal, Electric Range, Free-Standing Stove, Refrigerator-Stays
Subdivision
CORONADO COURTS
Lot features
Level, In Subdivision
Directions
From the West gate turn right onto W Villena Dr, turn right onto Fresno Rd, turn right onto Balearic Rd, turn left onto Ponderosa Way, turn right onto Macotera Place, Townhome is on the right.
Standard status
Active
APN
200-12550-014-000
Size
1,691 SF
Taxes and HOA fees
Tax Year
2025
Tax Description
Lot 14, Block 2
Tax Annual Amount
1306
HOA Fee
$116 Monthly
Legal Description
Lot 14, Block 2
Building Details
Year built
1976
Floors in Building
2
Flooring type
Vinyl, Carpet
Roof type
Shingle
Architectural style
Other
Buildings
1
Listing Agency:
Taylor Realty Group HSV
(501) 463-9506
Listed By:
Sarah Barnett
(501) 655-9171
Added: Oct 22
Changed: Oct 29
Last Checked: Oct 29 at 12:06PM
MLS# 26042779
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.
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Investment Insights
Based on property information with market context.
This two-story townhouse offers 1,691 square feet with three bedrooms, 2.5 bathrooms, a sunroom, and a deck. Recent work includes remodeled bathrooms in 2025, a replacement roof in January 2025, appliances updated in 2024, and new flooring and carpet installed in 2026. Interior paint and window coverings have also been refreshed. The HVAC system and electric water heater are less than four years old, and the refrigerator remains with the property.
The home is within walking distance of recreational activities and near the Coronado Fitness Center. Additional features include a bonus outdoor storage room, washer and dryer, and an upstairs sliding glass door that opens to the deck.
The home is within walking distance of recreational activities and near the Coronado Fitness Center. Additional features include a bonus outdoor storage room, washer and dryer, and an upstairs sliding glass door that opens to the deck.
Key Highlights
- 1,691‑square‑foot, two‑story townhouse
- Three bedrooms and 2.5 bathrooms
- Bathrooms remodeled in 2025; roof replaced in January 2025
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$10,435
Cap Rate
4.85%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$208,700
$208.7K
Cap Rate 7%
$149,071
$149.1K
Cap Rate 9%
$115,944
$115.9K
Market Conditions
NOI Build-Up for 1,691 SF
Gross rent
$20.3K $12.00/SF
− Vacancy
−$1.3K −$0.78/SF
EGI
$19.0K $11.22/SF
− OpEx
−$8.5K −$5.05/SF
NOI
$10.4K $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%
$208,700
Cap Rate 7%
$149,071
Cap Rate 9%
$115,944
Alternative Uses
Best Use
Apartment 5plus
$149.1K
$130.4K – $173.9K
NOI $10,435 @ 7.0% cap · market cap 4.85%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$309.3K
$270.6K – $360.8K
NOI $21,648 @ 7.0% cap · market cap 10.07%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
1
Residential units
Location Intelligence
Trade Area within ½ mile
46
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 - Two-story townhouse with three bedrooms, a sunroom, and outdoor storage.
Where is this residential income property located?
The property is located at 28 Macotera Place Hot Springs Village, AR.
What is the asking price?
The asking price for this property is $215,000.
What are key features of this property?
This property features: 1,691‑square‑foot, two‑story townhouse; Three bedrooms and 2.5 bathrooms; Bathrooms remodeled in 2025; roof replaced in January 2025
