180 Lakeland Drive
Hot Springs, AR 71913

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Description

TURNKEY MULTI-FAMILY INVESTMENT IN HOT SPRINGS—RARELY OFFERED, HIGH-DEMAND ASSET! Unlock an exceptional opportunity to own eight fully occupied, income-producing duplex units in one of Hot Springs' most desirable and fast-growing corridors—just off Central Avenue and minutes to Oaklawn Racing Casino Resort, medical facilities, lakes, restaurants, and major retail. Built in 2021, this modern, low-maintenance portfolio gives investors the perfect blend of strong rents, consistent occupancy, and minimal capital expenditures for years to come. These properties are only 4 years old, making them an ideal addition to any buy-and-hold portfolio seeking predictable performance and solid appreciation potential. Each of the eight units features: 2 bedrooms, 2 full baths with a bright and spacious open layout, dedicated laundry area accommodating full-size washer & dryer, granite countertops throughout and durable luxury vinyl in wet areas, all-electric utilities, energy-efficient windows + doors, modern HVAC & water heaters, full kitchen appliance package: refrigerator, electric stove, microwave, dishwasher & disposal, covered carport with lockable storage & additional concrete parking pads

Features

• Property Type: Multi Family Home
• Sub Type: Duplex
• Listing Status: Active
• County/Area: Garland County
• Zip Code: 71913
• Year Built: 2021
• Subdivision/Neighborhood: Hot Springs Unplatted
• Style: Traditional
• Stories: 1 Story
• Units: 8 units
• Lot Size: 1.2 acres
• Listing Office: Trademark Real Estate, Inc.
• Zoning: CR
• 2ba # Of Units: 8
• 2br # Of Units: 8
• 2br Maximum Rent: 1500
• 2br Minimum Rent: 1450
• Annual Expenses: 18400
• Annual Income: 140000
• Approx Lot Dimensions: 1.2 Acres (Approximately)
• Energy Features: Insulated Windows, Insulated Doors
• Expenses Include: Maint./Lawn Care, Management, Trash, Water/Sewer
• Exterior: Brick, Metal/Vinyl Siding
• Exterior Features: Partially Fenced, Outside Storage Area, Wood Fence
• Floors: Partial Carpet, Laminate
• Foundation: Slab
• Heating And Air Cond: Central Cool-Electric, Central Heat-Electric
• Inside City Limits: Yes
• Interior Features: Washer Connection, Dryer Connection-Electric, Hot Water Heater-Electric, Smoke Detector, Breakfast Bar
• Kitchen Equipment: Free-Standing Stove, Microwave, Electric Range, Dishwasher, Disposal
• Lease Type: Yearly
• Lot: Not In Subdivision
• Parking: Carport, Two Car, Assigned, Covered
• Road Surface: Paved
• Roof: Architectural Shingle
• Source Of Square Feet: Courthouse
• Tenant Expenses: Electric, Cable
• Utilities: Sewer-Public, Water-Public, Electric-Municipal, Gas-Natural, TV-Cable, TV-Satellite Dish
• Walls: Sheet Rock