116 Manor Cir Unit 1-6 Hot Springs, AR 71901
Estimated payment $2,394/month
Total Views
11,473
--
Bed
--
Bath
3,840
Sq Ft
$109
Price per Sq Ft
Highlights
- Traditional Architecture
- Central Air
- Space Heater
- Porch
- Ceiling Fan
- Level Lot
About This Home
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.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $2,292
Year Built
- Built in 1981
Home Design
- Traditional Architecture
- Slab Foundation
- Composition Roof
- Metal Siding
Interior Spaces
- 2-Story Property
- Sheet Rock Walls or Ceilings
- Ceiling Fan
- Fire and Smoke Detector
Kitchen
- Electric Range
- Dishwasher
Flooring
- Laminate
- Vinyl
Utilities
- Central Air
- Space Heater
- Vented Exhaust Fan
- Electric Water Heater
Additional Features
- Porch
- Level Lot
Community Details
Overview
- 6 Units
- 3,840 Sq Ft Building
- Hillgrove Subdivision
Building Details
- Professional Management Expense $10
- Water Sewer Expense $230
Map
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Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 10/14/2025 10/14/25 | For Sale | $420,000 | -- | $109 / Sq Ft |
Source: Hot Springs Board of REALTORS®
About the Listing Agent
Kris' Other Listings
-
$975,000
- 4 Beds
- 3.5 Baths
- 2,196 Sq Ft
- 103 Oak Point Dr
- Unit 101 Oak Pt
- Hot Springs National Park, AR
Source: Hot Springs Board of REALTORS®
MLS Number: 152901
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