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Townhome with Attached Carport

9 Turquesa Place Hot Springs Village, AR 71909

9 Turquesa Place, Hot Springs Village, AR, 71909
$144,900
For Sale
$144,900

TOWNHOME - Hot Springs Village, AR

Property Size1,070 SF
Lot Size0.04 Acres
Price / SF$135.42
Days on Market8

Property Features for 9 Turquesa Place

General Information

Property type
Residential
Property subtype
Duplex
Bedrooms
2
Bathrooms
2
Rooms
Bedroom 2, Bathroom 1, Bathroom 2, Bedroom 1
Parking features
Carport
Patio and Porch features
Patio
Exterior features
Patio
Appliances
Free-Standing Stove, Microwave, Electric Range, Dishwasher, Refrigerator-Stays
Standard status
Active
Size
1,070 SF
Lot size
0.04 Acres

Taxes and HOA fees

Tax Year
2025
Tax Description
Lot 5 Block 6
Tax Annual Amount
726

Building Details

Year built
1982
Floors in Building
2
Flooring type
Vinyl
Roof type
Shingle
Architectural style
Other
Listing agency RE/MAX of Hot Springs Village
Listed by Jim Harbour · License #SA00073272
Added: Jul 15 Updated: Jul 22 at 3:16AM Checked: Jul 22 at 6:06PM
MLS# 26028603

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 Coronado Courts townhome includes an attached carport and a concrete patio with a privacy fence. Recent improvements include a new roof in June 2026, new interior paint, new flooring, and updated kitchen appliances.

The property is located in Hot Springs Village, Garland County, Arkansas.

With a residential income property configuration, the unit offers covered parking and finished interior updates intended to support move-in readiness.

Key Highlights

  • Coronado Courts townhouse with attached carport (covered parking).
  • New roof scheduled June 2026.
  • Updates include new interior paint and new flooring.

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 $10.9k $10.20
− Vacancy −$819 −$0.77
EGI $10.1k $9.44
− OpEx −$3.0k −$2.83
NOI $7.1k $6.60
1,070 SF · lease $10.20/SF/yr · vacancy 7.50% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$101.0K
$88.3K – $117.8K (±1% cap)
NOI $7,067 @ 7.0% cap · market cap 4.88%
Second Best
Apartment 5plus
$94.3K
$82.5K – $110.1K (±1% cap)
NOI $6,603 @ 7.0% cap · market cap 4.56%
Theoretical Best
Office A
$195.7K
$171.2K – $228.3K (±1% cap)
NOI $13,698 @ 7.0% cap · market cap 9.45%
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

Restaurant Building Supply Hair Salon Garden Center Skin Care Clinic Gym & Fitness Center Discount Store Clothing & Fashion Store Hotel & Motel Bed & Breakfast

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

FAQs

What type of property is this?
Duplex - Coronado Courts townhome features an attached carport and a concrete patio with a privacy fence.
Where is this duplex located?
The property is located at 9 Turquesa Place Hot Springs Village, AR.
What is the asking price?
The asking price for this property is $144,900.
What are key features of this property?
This property features: Coronado Courts townhouse with attached carport (covered parking).; New roof scheduled June 2026.; Updates include new interior paint and new flooring.
Contact an agent
More about this property
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