106 Breeze Street
Hot Springs, AR 71901

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Description

Turnkey Multi-Unit Investment Opportunity in Prime Hot Springs Location Welcome to 106 Breeze, a beautifully restored and fully repositioned 11-unit multifamily property located just 0.5 miles from Hot Springs National Park, an area supported by approximately 3 million annual visitors and strong workforce housing demand. This historic property offers a versatile unit mix, including a 3-bedroom, 2-bedroom, and multiple 1-bedroom units, making it ideal for long-term rentals, mid-term housing, or hybrid investment strategies. The property is currently 10/11 units occupied, with the remaining 3BR unit actively leasing at $1,000/month, positioning the asset for full occupancy at closing. Each unit has been thoughtfully updated with modern finishes while maintaining its original charm. Features include updated flooring, stainless steel gas appliances, double-sink kitchens, ample cabinetry with open shelving, ceiling fans, and climate control systems. Interiors showcase neutral gray tones with fresh white trim and benefit from abundant natural light. The property has undergone $102,112 in documented capital improvements, including: Brand-new roof (2025, $55,000) Two full unit remodel

Features

• Property Type: Multi Family Home
• Sub Type: Apartments
• Listing Status: Active
• County/Area: Garland County
• Zip Code: 71901
• Year Built: 1910
• Subdivision/Neighborhood: Metes & Bounds
• Style: Traditional
• Stories: 2 Story
• Units: 10 units
• Lot Size: 0.68 acres
• Listing Office: Exp Realty
• View: Yes, See Lot
• Zoning: CI
• 1br # Of Units: 8
• 1br Maximum Rent: 995
• 1br Minimum Rent: 700
• 2br # Of Units: 2
• 2br Maximum Rent: 1000
• 2br Minimum Rent: 1000
• 3br # Of Units: 1
• 3br Maximum Rent: 1070
• 3br Minimum Rent: 1070
• Annual Expenses: 49181
• Annual Income: 104640
• Approx Lot Dimensions: 142x207
• Ceiling: Sheet Rock
• Expenses Include: Insurance, Maint./Lawn Care, Management, Trash, Electric, Water/Sewer, Debt Service
• Exterior: Frame
• Floors: Wood
• Foundation: Crawl Space
• Heating And Air Cond: Window Units
• Interior Features: Other (See Remarks)
• Kitchen Equipment: Gas Range, Refrigerator-Stays
• Lease Type: Monthly, Yearly
• Lot: Vista View
• Parking: Parking Pads
• Road Surface: Paved
• Roof: Architectural Shingle
• Source Of Square Feet: Tax Records
• Tenant Expenses: Other (See Remarks)
• Utilities: Sewer-Public, Water-Public, Electric-Municipal, Gas-Natural
• Walls: Sheet Rock