116 Manor Circle, Hot Springs, AR 71913

Local realty services provided by:ERA TEAM Real Estate
116 Manor Circle,Hot Springs, AR 71913
$420,000
  • - Beds
  • - Baths
  • 3,840 sq. ft.
  • Multi-family
  • Active
Listed by:kris tortorice
Office:lake hamilton realty, inc.
MLS#:25041393
Source:AR_CARMLS

Price summary

  • Price:$420,000
  • Price per sq. ft.:$109.38

About this home

Turnkey 6-Unit Apartment Complex – Strong Income in the Heart of Hot Springs. Excellent investment opportunity! This well-maintained 6-unit complex offers consistent income and solid upside potential in a quiet residential area, minutes from downtown Hot Springs, Oaklawn Racing Casino Resort, and Lake Hamilton. The property features six 1-br,1-bath units—3 upstairs and 3 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-Turnkey investment with immediate income- 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

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Home facts

  • Year built:1981
  • Listing ID #:25041393
  • Added:6 day(s) ago
  • Updated:October 22, 2025 at 12:08 PM

Rooms and interior

  • Living area:3,840 sq. ft.

Heating and cooling

  • Heating:Central Heat-Electric

Structure and exterior

  • Roof:Composition
  • Year built:1981
  • Building area:3,840 sq. ft.
  • Lot area:0.26 Acres

Schools

  • High school:Hot Springs
  • Middle school:Hot Springs
  • Elementary school:Hot Springs

Utilities

  • Water:Hot Water Heater-Electric, Water-Public
  • Sewer:Sewer-Public

Finances and disclosures

  • Price:$420,000
  • Price per sq. ft.:$109.38
  • Tax amount:$2,292 (2024)

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