Hot Springs Multifamily
416 Campbell St, Hot Springs, AR 71913
For Sale
Contact for pricing
Multifamily property in Hot Springs, Arkansas.
Property Size9,656 SF
Price / SF$92.69
Days on Market182
Property Features for 416 Campbell St
General Information
Standard status
Size
Class
Property subtype
Occupancy
Investment Type
Net Operating Income
Building Details
Year Built
Stories
Units
Listing Agency:
Joe Capital Group
Listed By:
Kyle Robertson
Source:
Crexi
Added: May 15
Changed: Nov 7
Last Checked: Nov 10 at 9:13AM
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 Joe Capital Group
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Investment Insights
Based on property information with market context.
Located in Hot Springs, Arkansas, the property at 416 Campbell St is a multifamily property encompassing 9,656 square feet. This property is suitable for residential income and apartment buildings.
Key Highlights
- Built in 2003
- Located at 416 Campbell St, Hot Springs, AR 71913
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$59,587
Cap Rate
6.66%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,191,740
$1.2M
Cap Rate 7%
$851,243
$851.2K
Cap Rate 9%
$662,078
$662.1K
Market Conditions
NOI Build-Up for 9,656 SF
Gross rent
$115.9K $12.00/SF
− Vacancy
−$7.5K −$0.78/SF
EGI
$108.3K $11.22/SF
− OpEx
−$48.8K −$5.05/SF
NOI
$59.6K $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%
$1,191,740
Cap Rate 7%
$851,243
Cap Rate 9%
$662,078
Alternative Uses
Best Use
Apartment 5plus
$851.2K
$744.8K – $993.1K
NOI $59,587 @ 7.0% cap · market cap 6.66%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.77M
$1.55M – $2.06M
NOI $123,612 @ 7.0% cap · market cap 13.81%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Open Analytics
Location Intelligence
Trade Area within ½ mile
412
Businesses Nearby
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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
$179,200
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Average Price Trend$/SF for Apartment buildings in Hot Springs, AR
Properties on Market for Apartment buildings in Hot Springs
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Apartment building - Multifamily property in Hot Springs, Arkansas.
Where is this apartment building located?
The property is located at 416 Campbell St Hot Springs, AR.
What is the asking price?
The asking price for this property is $895,000.
What are key features of this property?
This property features: Built in 2003; Located at 416 Campbell St, Hot Springs, AR 71913
