116 Manor Cir Unit 1-6 Hot Springs, AR 71901
Estimated payment $2,411/month
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
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®
MLS Number: 152901

- 116 Manor Cir
- 612 Oakcliff St
- 614 Oakcliff St
- 401 W Saint Louis
- TBD 3rd St
- 434 Linwood Ave
- 415 & 417 Morrison Unit Multiple addresses
- 415 Morrison Ave Unit Multiple Addresses
- 313 Laser St
- 113 Trivista Right St
- XXX Laser St
- 213 1st St
- 200 Sonnet St
- 0 Third St Unit 24011548
- 212 Morrison Ave
- 105 & 109 Alcorn St
- 402 Crestwood St
- 204 Linwood Ave
- 410 Crestwood St
- 517 Trivista Left St
- 1005 W Saint Louis St
- 109 Shadow Terrace
- 104 4th St
- 125 Oak St
- 605 Higdon Ferry Rd
- 204 Glover St
- 105 Lowery St
- 111 Prospect Ave Unit 22
- 319 Silver St
- 215 Civic St Unit 304
- 125 Carl Dr Unit 35
- 727 Silver St
- 112 Newton St
- 220 Cedar St Unit 3
- 116 Valleyview St
- 206 Mockingbird St
- 406 Cedar St
- 3921 Central Ave Unit Several
- 127 Charlon St
- 142 Apple Blossom Cir