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Chrystal Nave

chrystalnave@yahoo.com +1(501) 455-1455

$ 420,000

Est. payment -/mo

Save

Active

116 Manor Circle700 Hot Springs, AR 71913

6 Beds

6 Baths

3,840 SqFt

UPDATED:

Key Details

Property Type Multi-Family

Sub Type PKG Single Family

Listing Status Active

Purchase Type For Sale

Square Footage 3,840 sqft

Price per Sqft $109

Subdivision Hill Grove

MLS Listing ID 25041393

Style Traditional

Bedrooms 6

Year Built 1981

Annual Tax Amount $2,292

Tax Year 2024

Lot Size 0.260 Acres

Acres 0.26

Property Sub-Type PKG Single Family

Property Description

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.

Location

State AR

County Garland

Area Hot Springs School District

Zoning Cl

Rooms

Basement None

Kitchen Free-Standing Stove, Electric Range, Dishwasher, Pantry, Refrigerator-Stays

Interior

Interior Features Hot Water Heater-Electric, Smoke Detector, All Units

Heating Central Heat-Electric

Flooring Laminate, Luxury Vinyl

Equipment Free-Standing Stove, Electric Range, Dishwasher, Pantry, Refrigerator-Stays

Exterior

Exterior Feature Patio, Covered

Parking Features Parking Pads, Assigned, Four Car or More

Utilities Available Sewer-Public, Water-Public, Electric-Municipal, TV-Cable

Roof Type Composition

Building

Lot Description Level

Foundation Slab

New Construction No

Schools

Elementary Schools Hot Springs

Middle Schools Hot Springs

High Schools Hot Springs

Listed by Lake Hamilton Realty, Inc. • Kris Tortorice

NEARBY SCHOOLS & PROPERTIES

SCHOOLSPROPERTIES

Elementary Schools 10

8

Park Magnet IB World School

Public | PK - 6
5

Gardner Magnet School

Public | PK - 4
4

Oaklawn STEM Magnet School

Public | PK - 6
4

Langston Elementary Leadership Academy

Public | PK - 6
3

Hot Springs Intermediate School

Public | 5 - 6
0

Main Street Visual and Preforming Arts Magnet School

Public | PK - 6
0

Gospel Light Christian School

Private | PK - 12
0

St John Elementary School

Private | PK - 8
0

St Luke' S Episcopal Day School

Private | PK - 2
0

Summit School

Public | KG - 12

Middle Schools 1

0

Hot Springs Junior Academy

Public | 7 - 8

High Schools 1

5

Hot Springs World Class High School

Public | 9 - 12

School and business data provided by Attom Data.

Chrystal Nave

Agent | License ID: SA00072210

+1(501) 455-1455

Chrystal Nave

116 Manor Circle700 Hot Springs, AR 71913

Key Details

Location

Rooms

Interior

Exterior

Building

Schools

NEARBY SCHOOLS & PROPERTIES

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116 Manor Circle700