180 Lakeland
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, and private back patios. With 100% occupancy, this property delivers a stable revenue stream—ideal for both seasoned investors and those seeking a truly hassle-free asset. Financials (P&L and rent roll) available upon request. This is the kind of multi-family opportunity that doesn't come around often—newer construction, zero deferred maintenance, strong tenant demand, and an unbeatable location.

Features

• Property Type: Multi Family Home
• Sub Type: Duplex
• Listing Status: Active
• County/Area: Garland County
• Zip Code: 71913
• Year Built: 2021
• Subdivision/Neighborhood: 13-3s-19w Unplatted Hot Springs
• School District: Hot Springs
• Style: Traditional
• Stories: 1 Story
• Units: 8 units
• Garage: 2 Car
• 2br # Of Units: 8
• Annual Income: 140000
• Approx Lot Size: 1.2 Acres
• Directions: Central Avenue South To Left On Lakeland Drive And Units On Right.
• Energy Features: Insulated Doors, Insulated Windows
• Estimated Annual Taxes: 8549
• Expenses Include: Maintenance/Lawn Care, Management, Trash, Water/Sewer
• Exterior: Brick, Metal/Vinyl Siding
• Exterior Features: Partially Fenced, Patio, Outside Storage Area
• Foundation: Slab
• Garage/Parking: Assigned, Carport, Two Car
• Heating/Air Conditioning: Central Cool-Electric, Central Heat-Electric
• Interior Features: Breakfast Bar, Dryer Connection-Electric, Hot Water Heater-Electric, Smoke Detector, Washer Connection, Fan-Ceiling
• Kitchen Equipment: Disposal, Dishwasher, Electric Range, Free-Standing Stove, Microwave
• Lease Type: Yearly
• Lot: Not In Subdivision
• Road Surface: Paved
• Roof: Architectural Shingle
• Source Of Square Feet: Courthouse
• Tenant Expenses: Cable, Electric
• Utilities: Electric-Entergy, Sewer-Public, TV-Cable, Telephone-Private, TV-Satellite Dish, Water-Public
• Walls: Sheet Rock