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116 Manor Circle, Hot Springs, AR 71913

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For Sale

$420,000

3 beds • 6 baths • 3,840 sqft

Estimated Payment

$      /mo. †

APR for 30 years

Change Loan Terms

  • Multi-Family (2-4 Units)
    Property type

  • $109.38
    Price per square foot

  • 41-50 Years Old
    Age

Explore this Property

Turnkey 6-Unit Apartment Complex Strong Income in the Heart of Hot Springs. Excellent investment opportunity! This well-maintained 6-unit complex offers consistent income and solid upside potential in a quiet residential area, minutes from downtown Hot Springs, Oaklawn Racing Casino Resort, and Lake Hamilton. The property features six 1-br,1-bath units 3 upstairs and 3 downstairs each with private entry, separate utilities, and off-street parking. Recent updates include new paint, new flooring, refreshed interiors, and ongoing maintenance that keeps the property easy to manage and attractive to long-term tenants. Key Highlights: 6 total units (1BR/1BA each)- Strong rental history/100% occupancy- Separate electric meters-Off-street parking for tenants-Turnkey investment with immediate income- The complex produces reliable cash flow with room to increase rents to market rates.--Tenants enjoy a peaceful neighborhood setting with convenient access to shopping, dining, and public transit.-- Low vacancy history and simple management make this property ideal for both local and out-of-area investors.
MLS# 25041393

Courtesy Of Lake Hamilton Realty, Inc.

(501) 525-1466

Property Features

  • Age
    41-50 Years Old
  • Amenities
    Patio, Wired
  • Appliances
    Dishwasher, Range, Refrigerator, Washer
  • Architecture Style
    New Traditional
  • Exterior Type
    Vinyl Siding
  • Floor Covering
    Laminate, Vinyl
  • Lot Size
    0.26 Acres

Map and Directions

Directions to 116 Manor Circle, Hot Springs, AR 71913

Home seller CENTURY 21 Parker & Scroggins Realty

Get to know the neighborhood. A local affiliated CENTURY 21 office will help you set up tours, give advice, and negotiate with sellers.

CENTURY 21 Parker & Scroggins Realty

(501) 762-1748
Learn More About Us

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† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.