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Ryan Stephens

ryan.stephens@engelvoelkers.com +1(501) 551-2430

$ 1,450,000

Est. payment -/mo

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New

180 Lakeland Drive Hot Springs, AR 71913

2,232 SqFt

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

Square Footage 2,232 sqft

Price per Sqft $649

Subdivision Hot Springs Unplatted

MLS Listing ID 25048163

Style Traditional

Year Built 2021

Annual Tax Amount $8,549

Lot Size 1.200 Acres

Acres 1.2

Property Sub-Type Duplex

Property 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

Location

State AR

County Garland

Area Hot Springs School District

Zoning CR

Rooms

Kitchen Free-Standing Stove, Microwave, Electric Range, Dishwasher, Disposal

Interior

Interior Features Washer Connection, Dryer Connection-Electric, Hot Water Heater-Electric, Smoke Detector, Breakfast Bar

Heating Central Cool-Electric, Central Heat-Electric

Flooring Laminate, Partial Carpet

Equipment Free-Standing Stove, Microwave, Electric Range, Dishwasher, Disposal

Exterior

Exterior Feature Partially Fenced, Outside Storage Area, Wood Fence

Parking Features Assigned, Carport, Covered, Two Car

Utilities Available Electric-Municipal, Gas-Natural, Sewer-Public, TV-Cable, TV-Satellite Dish, Water-Public

Roof Type Architectural Shingle

Building

Lot Description Not in Subdivision

Foundation Slab

New Construction No

Listed by Trademark Real Estate, Inc. • Tammy J Browning

Ryan Stephens

Advisor | Associate Broker | License ID: AB00085905

+1(501) 551-2430

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