Updated Duplex
For Sale
$128,900
3 Gailosa Lane, Hot Springs Village, AR 71909
Residential, Townhouse, Hot Springs Village, AR
Property Size1,200 SF
Price / SF$107.42
Days on Market47
Property Features for 3 Gailosa Lane
General Information
Property type
Residential
Property subtype
Duplex
Bedrooms
2
Bathrooms
2
Full bathrooms
1
Half bathrooms
1
Rooms
Bedroom 1, Bedroom 2, Bathroom 1, Bathroom 2
Appliances
Electric Range, Disposal
Subdivision
Guadalajara Courts #4
Lot features
Zero Lot Line, In Subdivision
Directions
From West Gate, take DeSoto, then left on Calella, then right on Santa Maria to right on Gailosa!
Standard status
Active
Size
1,200 SF
Taxes and HOA fees
Tax Description
Lot 14, Block 4 Guadalajara #4
Tax Annual Amount
896
HOA Fee
$116 Monthly
Legal Description
Lot 14, Block 4 Guadalajara #4
Building Details
Year built
1984
Floors in Building
2
Flooring type
Vinyl, Carpet
Roof type
Composition
Architectural style
Other
Listing Agency:
LPT Realty · RE/MAX International
(501) 291-3841
Listed By:
Brandon Bruning · License #SA76330-D01
(501) 398-9830
Added: Sep 13
Changed: Oct 27
Last Checked: Oct 29 at 6:06PM
MLS# 26037358
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 1,200-square-foot duplex residence in Hot Springs Village was built in 1984 and offers two bedrooms and two bathrooms. Interior improvements include new flooring, fresh paint, updated light fixtures and ceiling fans, a kitchen backsplash, an updated thermostat, and a storm door. Both decks have also been painted. The property includes an electric range and disposal, with carpet and vinyl flooring throughout. The composition roof and plumbing were replaced in recent years, adding meaningful updates to the primary building systems.
Key Highlights
- 1,200 square feet with 2 bedrooms and 2 bathrooms
- Interior refreshed with flooring, paint, lighting, ceiling fans, and kitchen backsplash updates
- Both decks have been painted
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$7,925
Cap Rate
6.15%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$158,500
$158.5K
Cap Rate 7%
$113,214
$113.2K
Cap Rate 9%
$88,056
$88.1K
Market Conditions
NOI Build-Up for 1,200 SF
Gross rent
$12.2K $10.20/SF
− Vacancy
−$918 −$0.77/SF
EGI
$11.3K $9.44/SF
− OpEx
−$3.4K −$2.83/SF
NOI
$7.9K $6.60/SF
Area
Garland County, AR
Vacancy
7.50%
Lease Rate
$10.20 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$158,500
Cap Rate 7%
$113,214
Cap Rate 9%
$88,056
Alternative Uses
Best Use
Multifamily LT 5
$113.2K
$99.1K – $132.1K
NOI $7,925 @ 7.0% cap · market cap 6.15%
Second Best
Apartment 5plus
$105.8K
$92.6K – $123.4K
NOI $7,405 @ 7.0% cap · market cap 5.74%
Theoretical Best
Office A
$219.5K
$192.0K – $256.0K
NOI $15,362 @ 7.0% cap · market cap 11.92%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Lease Details
1
Residential units
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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Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Duplex - Two-bedroom, two-bath residence with refreshed interiors, outdoor decks, and recently replaced roof and plumbing.
Where is this duplex located?
The property is located at 3 Gailosa Lane Hot Springs Village, AR.
What is the asking price?
The asking price for this property is $128,900.
What are key features of this property?
This property features: 1,200 square feet with 2 bedrooms and 2 bathrooms; Interior refreshed with flooring, paint, lighting, ceiling fans, and kitchen backsplash updates; Both decks have been painted
