Property profile

119 Rugg St Hot Springs, AR 71901

OFF-MARKET
Apartment buildings
Property ID
US05-0081378
2,544 SF Built 1930
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Property summary

AI-generated overview

This charming 1930s two-unit apartment building in Hot Springs, Arkansas, presents a fantastic investment opportunity. Boasting a total of 2,544 square feet of net rentable space, the property sits on a generous 10,050 square foot lot (APN 54387). The building features a newly renovated exterior, including a new roof, windows, doors, and fresh paint. The upper unit offers 1,536 square feet of living space, encompassing four bedrooms and three bathrooms. The lower unit, spanning 1,008 square feet, is ready for customization to suit your vision. Enjoy breathtaking views of the Hot Springs skyline from this ideally located property. Its proximity to Bathhouse Row, the farmers market, public transportation, the Hot Springs Greenway Trails, and a variety of dining options adds to its appeal. The property is zoned residential and is conveniently located at 119 Rugg St, Hot Springs, AR 71901. This is a rare opportunity to acquire a well-maintained multifamily property in a desirable location with significant rental potential. The building consists of one structure with two stories. This is a turnkey investment ready for immediate income generation.

Property profile

Verified
Property type Apartment buildings
Year built 1930
Total area 2,544 SF
UPID US05-0081378

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

119 Rugg St Hot Springs, AR 71901
Hot Springs metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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