Updated Three-Bedroom
For Sale
$159,900
6 Destino Way, Hot Springs Village, AR 71909
Residential, Traditional, Hot Springs Village, AR
Property Size1,671 SF
Price / SF$95.69
Days on Market64
Property Features for 6 Destino Way
General Information
Property type
Residential
Property subtype
Duplex
Bedrooms
3
Bathrooms
2
Full bathrooms
2
Rooms
Basement, Bedroom 1, Bathroom 2, Bedroom 3, Laundry Room, Bedroom 2, Bathroom 1
Interior features
Washer Connection, Washer-Stays, Dryer Connection-Electric, Dryer-Stays, Water Heater-Electric, Kit Counter- Granite Slab
Appliances
Free-Standing Stove, Microwave, Dishwasher, Refrigerator-Stays
Subdivision
VALENCIA COURTS
Lot features
Level
Directions
From West gate) Desoto east to Valencia way right on Valencia Way to Perralena Way Left on Perralena way to Destino Way left on Destino Way to home.
Standard status
Active
Size
1,671 SF
Taxes and HOA fees
Tax Year
2025
Tax Description
Block 4 Lot 5
Tax Annual Amount
527
HOA Fee
$116 Monthly
Legal Description
Block 4 Lot 5
Building Details
Year built
1974
Floors in Building
2
Flooring type
Tile, Laminate
Roof type
Shingle
Architectural style
Other
Listing Agency:
Big Red Realty
(501) 623-7905
Listed By:
Harry Ericson
(847) 858-2299
Added: Aug 6
Changed: Oct 5
Last Checked: Oct 8 at 2:06AM
MLS# 26032050
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 1,671-square-foot duplex includes three bedrooms, two bathrooms, a laundry room, and a basement. Interior improvements include a remodeled kitchen and bathrooms, granite slab countertops, laminate and tile flooring, and crown molding in the dining and living rooms. The residence also includes a stove, microwave, dishwasher, refrigerator, washer, and dryer.
Built in 1974, the property has a shingle roof that is 8 years old and an HVAC system about 12 years old. It is located near the West Gate in Hot Springs Village and is currently occupied. The property includes washer and dryer connections, an electric water heater, and a kitchen layout with granite counter surfaces.
Built in 1974, the property has a shingle roof that is 8 years old and an HVAC system about 12 years old. It is located near the West Gate in Hot Springs Village and is currently occupied. The property includes washer and dryer connections, an electric water heater, and a kitchen layout with granite counter surfaces.
Key Highlights
- 1,671 square feet with 3 bedrooms and 2 bathrooms
- Remodeled kitchen and bathrooms with granite slab countertops
- Crown molding in the dining area and living room
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$11,036
Cap Rate
6.90%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$220,720
$220.7K
Cap Rate 7%
$157,657
$157.7K
Cap Rate 9%
$122,622
$122.6K
Market Conditions
NOI Build-Up for 1,671 SF
Gross rent
$17.0K $10.20/SF
− Vacancy
−$1.3K −$0.77/SF
EGI
$15.8K $9.44/SF
− OpEx
−$4.7K −$2.83/SF
NOI
$11.0K $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%
$220,720
Cap Rate 7%
$157,657
Cap Rate 9%
$122,622
Alternative Uses
Best Use
Multifamily LT 5
$157.7K
$138.0K – $183.9K
NOI $11,036 @ 7.0% cap · market cap 6.90%
Second Best
Apartment 5plus
$147.3K
$128.9K – $171.9K
NOI $10,312 @ 7.0% cap · market cap 6.45%
Theoretical Best
Office A
$305.6K
$267.4K – $356.5K
NOI $21,391 @ 7.0% cap · market cap 13.38%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
97
Businesses Nearby
Explore this area
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Duplex - Remodeled kitchen and bathrooms feature granite countertops, while crown molding adds finish detail to the living and dining areas.
Where is this duplex located?
The property is located at 6 Destino Way Hot Springs Village, AR.
What is the asking price?
The asking price for this property is $159,900.
What are key features of this property?
This property features: 1,671 square feet with 3 bedrooms and 2 bathrooms; Remodeled kitchen and bathrooms with granite slab countertops; Crown molding in the dining area and living room
