Furnished Short-Term Rental
For Sale
$249,900
Hot Springs, AR 71913, Hot Springs, AR 71913
Residential, Contemporary, Hot Springs, AR
Property Size1,134 SF
Price / SF$220.37
Days on Market53
Property Features
General Information
Property type
Residential
Property subtype
Duplex
Bedrooms
2
Bathrooms
2
Full bathrooms
2
Rooms
Bathroom 1, Bedroom 2, Bathroom 2, Bedroom 1
Patio and Porch features
Porch, Deck
Interior features
Washer-Stays, Dryer-Stays, Window Treatments, Balcony/Loft, Ceiling Fan(s), Walk-in Shower, Furnished
Exterior features
Deck, Porch, Inground Pool, Tennis Court, Sport Court
Fireplace
1
Appliances
Free-Standing Stove, Microwave, Electric Range, Dishwasher, Refrigerator-Stays
Lot features
Level, Down Slope
Subdivision
HAMILTON HARBOR HPR
Standard status
Active
Size
1,134 SF
Taxes and HOA fees
Tax Annual Amount
1474
HOA Fee
$259 Annually
Amenities
pool
basketball courts
pickleball courts
Building Details
Year built
1983
Flooring type
Tile
Roof type
Shingle
Architectural style
Contemporary
Listing Agency:
The Goff Group Real Estate Company
Listed By:
Jameson VanDee
(501) 525-0908
Added: Aug 18
Changed: Oct 8
Last Checked: Oct 9 at 11:06AM
MLS# 26033727
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 1,134-square-foot condo in Hot Springs is furnished and has two bedrooms and two bathrooms. Interior features include a balcony or loft, a walk-in shower, ceiling fans, window treatments, and tile flooring. The kitchen includes a stove, microwave, electric range, dishwasher, and refrigerator; a washer and dryer also stay with the property. The building dates to 1983 and has a contemporary style, shingle roof, and fireplace.
The complex has an inground pool, basketball courts, and pickleball courts, with access to the water. The condo also has a short-term rental permit. A deck and porch provide additional outdoor space.
The complex has an inground pool, basketball courts, and pickleball courts, with access to the water. The condo also has a short-term rental permit. A deck and porch provide additional outdoor space.
Key Highlights
- 1,134 square feet with two bedrooms and two bathrooms
- Furnished condo with a short‑term rental permit
- Community amenities include a pool, basketball courts, and pickleball courts
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$6,998
Cap Rate
2.80%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$139,960
$140.0K
Cap Rate 7%
$99,971
$100.0K
Cap Rate 9%
$77,756
$77.8K
Market Conditions
NOI Build-Up for 1,134 SF
Gross rent
$13.6K $12.00/SF
− Vacancy
−$885 −$0.78/SF
EGI
$12.7K $11.22/SF
− OpEx
−$5.7K −$5.05/SF
NOI
$7.0K $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%
$139,960
Cap Rate 7%
$99,971
Cap Rate 9%
$77,756
Alternative Uses
Best Use
Apartment 5plus
$100.0K
$87.5K – $116.6K
NOI $6,998 @ 7.0% cap · market cap 2.80%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$207.4K
$181.5K – $242.0K
NOI $14,517 @ 7.0% cap · market cap 5.81%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
1
Residential units
Location Intelligence
Trade Area within ½ mile
56
Businesses Nearby
Explore this area
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
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Market
Vacancy Rate% for Multifamily in South region
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Frequently Asked Questions
What type of property is this?
Short term rental property - The 1,134-square-foot residence includes a balcony or loft and access to shared recreation amenities and the water.
Where is this short term rental property located?
The property is located at Hot Springs, AR.
What is the asking price?
The asking price for this property is $249,900.
What are key features of this property?
This property features: 1,134 square feet with two bedrooms and two bathrooms; Furnished condo with a short‑term rental permit; Community amenities include a pool, basketball courts, and pickleball courts
