Traditional

116 Manor Circle

Hot Springs , AR 71913

MLS#: 25041393

$420,000

Status: Active
Listing number: 25041393
Listing provided by: Lake Hamilton Realty, Inc.
Listing agent phone: None
Last update: 10 days ago
On site: 17 days ago
Browse Properties
Hill Grove - Residential Income

Property

Beds

6

Full Baths

None

1/2 Baths

None

Year Built

1981

Sq.Footage

3,840

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.

Features & Amenities

Interior

  • Other Interior Features

    Pantry

  • Total Bedrooms

    6

  • Bathrooms

    N/A

  • Basement YN

    NO

  • Heating YN

    YES

  • Heating

    Central, Electric

  • Pet friendly

    N/A

Exterior

  • Garage

    Yes

  • Garage spaces

    4

  • Patio and Porch Features

    Patio

  • Pool

    No

Area & Lot

  • Lot Features

    Level

  • Lot Size(acres)

    0.26

  • Property Type

    Residential Income

  • Property Sub Type

    Multi Family

  • Architectural Style

    Traditional

Price

  • Sales Price

    $420,000

  • Tax Amount

    2292.0

  • Zoning

    Cl

  • Sq. Footage

    3, 840

  • Price/SqFt

    $109

HOA

  • Association

    No

School District

  • Elementary School

    Hot Springs

  • Middle School

    Hot Springs

  • High School

    Hot Springs

Property Features

  • Stories

    2

  • Sewer

    Public Sewer

  • Water Source

    Public

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Location

County

Garland

Elementary School

Hot Springs

Middle School

Hot Springs

High School

Hot Springs

Listing Courtesy of Kris Tortorice , Lake Hamilton Realty, Inc.

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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.

116 Manor Circle

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