Property summary
This 1935-built, single-family home in Hot Springs, AR (APN 35592), underwent a complete renovation in 2024. Boasting 1,288 square feet on a 5,683 square foot lot, this property offers a compelling investment opportunity. The property features a spacious open floor plan, new stainless steel appliances, energy-efficient windows and HVAC system, updated plumbing and electrical, and a fully fenced backyard with a large carport. Located near downtown Hot Springs and the National Forest, it benefits from proximity to walking and mountain biking trails. The property generates a strong NOI of $15,840, resulting in a 7.94% cap rate. The asking price is $199,500, translating to $154.89 per square foot. The permitted zoning is residential. This turnkey investment is ideal for a passive income stream. Please schedule a showing to explore this exceptional opportunity. Do not disturb tenants.
Property profile
VerifiedCap rate & NOI
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Property description
Physical attributes from public recordsZoning & alternative use
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
Find the owner behind the property.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
Registration is required before any owner information is shown.