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316 Hazel St

8 Unit Apartment Building $529,000 ($66,125/Unit) 11.79% Cap Rate Hot Springs National Park, AR 71901

Investment Highlights

  • Located off of Central Ave, offering access to Highway 270.
  • Income-producing multifamily sale.

Executive Summary

Income producing, 8-unit apartment complex for sale.

Financial Summary (Actual - 2023) Click Here to Access

Annual Annual Per SF
Gross Rental Income $99,999 $9.99
Other Income - -
Vacancy Loss - -
Effective Gross Income $99,999 $9.99
Taxes - -
Operating Expenses - -
Total Expenses $99,999 $9.99
Net Operating Income $99,999 $9.99

Financial Summary (Actual - 2023) Click Here to Access

Gross Rental Income
Annual $99,999
Annual Per SF $9.99
Other Income
Annual -
Annual Per SF -
Vacancy Loss
Annual -
Annual Per SF -
Effective Gross Income
Annual $99,999
Annual Per SF $9.99
Taxes
Annual -
Annual Per SF -
Operating Expenses
Annual -
Annual Per SF -
Total Expenses
Annual $99,999
Annual Per SF $9.99
Net Operating Income
Annual $99,999
Annual Per SF $9.99

Property Facts

Price $529,000
Price Per Unit $66,125
Sale Type Investment
Cap Rate 11.79%
No. Units 8
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low Rise
Building Class C
Lot Size 0.11 AC
Building Size 5,240 SF
Average Occupancy 100%
No. Stories 2
Year Built 1930
Parking Ratio 1.15/1,000 SF
Opportunity Zone Yes

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
1+1 8 - 655
Walk Score ®
Very Walkable (81)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
054974
Land Assessment
$4,130 (2024)
Improvements Assessment
$20,060 (2024)
Total Assessment
$24,190 (2024)

zoning

Zoning Code Commercial/Residential (Commercial)
Commercial/Residential (Commercial)
  • Listing ID: 32504815

  • Date on Market: 7/18/2024

  • Last Updated:

  • Address: 316 Hazel St, Hot Springs National Park, AR 71901

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