Turnkey 6-Unit Apartment Complex – Strong Income in the Heart of Hot Springs Excellent investment opportunity! This well-maintained 6-unit apartment complex offers consistent income and solid upside potential in a quiet residential area just minutes from downtown Hot Springs, Oaklawn Racing Casino Resort, and Lake Hamilton. The property features six 1-bedroom, 1-bath units—three upstairs and three 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- Close to Oaklawn, downtown, and Lakes- Turnkey investment with immediate income- Currently fully occupied, 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.
For sale
$420,000
116 Manor Cir #1-6, Hot Springs National Park, AR 71901
--beds
--baths
3,840sqft
Est.:
Single Family Residence
Built in 1981
-- sqft lot
$388,500 Zestimate®
$109/sqft
$-- HOA
What's special
Private entrySeparate electric metersOff-street parkingQuiet residential areaRefreshed interiorsNew flooringSeparate utilities
- 39 days |
- 51 |
- 3 |
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