For Sale
$2,000,000

104 Calli Ln Hot Springs, AR 71913

14-Unit Value-Add Investment Opportunity

Property Records

Overview

Added:
Dec 11, 2024
Days on market:
138
This exceptional multifamily investment opportunity in Hot Springs, Arkansas, presents a portfolio of fourteen single-family rental units totaling 17,000 square feet. The property, located at 104 Calli Ln, 71913, comprises seven buildings, each a one-story structure, built in 2001. The portfolio boasts a strong occupancy rate of 100%, generating a gross monthly income of approximately $15,000. Seven units have undergone recent renovations, including new roofs installed in 2023, updated appliances, central heating and air conditioning systems, new flooring, and fixtures. The unit mix consists of six three-bedroom, two-bathroom duplexes and one two-bedroom, two-bathroom duplex with a garage. Tenants are responsible for all utilities. This value-add investment offers a compelling price per unit of $142,857.14 and a price per square foot of $117.65. The land value is assessed at $87,120 per acre. The asking price for this entire portfolio is $2,000,000. This property presents a strong cash flow potential and significant upside for a savvy investor seeking a well-maintained, high-occupancy multifamily asset in a desirable location. The central Hot Springs location provides easy access to amenities and services.

Property Details for 104 Calli Ln

Property type
Residential income homes
Square Feet
17,000 SF
Year Built
2001
Buildings
7
Stories
1
Units
14

Location Insight

City
Hot Springs
County
Garland
State
Arkansas
Latitude
34.454279855301
Longitude
-93.054969750182

FAQs

What type of property is this?
Residential income home - 14-Unit Value-Add Investment Opportunity
Where is the residential income home located?
The property is located at 104 Calli Ln Hot Springs, AR.
What is the asking price?
The asking price for this property is $2,000,000.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
How do I access a private listing?
Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
How do I unsubscribe from emails?
At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].
104 Calli Ln
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your first name
Please enter your last name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Select size
Please enter message