Ad #7838602
MLS #155515
Investors - Look at the returns here. Great property. Roof 2-3
125 OAK St, Hot Springs, Arkansas, 71901
$2,945,000
65Beds
0Baths
64,710Sqft
0Acres
About this property
Investors - Look at the returns here. Great property. Roof 2-3 years, HVAC systems 2 years, fully sprinkled fire suppression, elevator, ADA accessibility, common coin laundry room or in unit laundry option, electric metered separately, solid well maintained building, units in excellent repair, great location, tranquil setting with excellent views in all direction, easily +10,000ft2/929m2 underutilized space to add additional rental units as desired. Initial major remodel when building was placed back in service approximately 2005 with continued maintenance. 31 total apartments 1br-5, 2br-18, 3br-8 with additional venue rental & party rooms. Historically contributing, but not restricted. Yearly- Electric $16,116, Internet & office phone $6299 (includes & 1 Tenant), Water, Sewer, Trash $16,274, Taxes $18,304, Insurance $42,840, Elevator- contract, inspection, permit & emergency phone $5831, Cameras/Security $3617, Fire monitoring and service contract $1834, city business & STR permits $470, Pest & Termite $2024 - Expense $113,609 - Income $455,293 (includes rent, storage, tenant utility contribution, laundry, event space rental, non-refundable pet deposit, pet rent, STR, application fee) NOI $341,684 with a 10% vacancy rate and Cap of 11%. Income reflects some late 2025 downtime for remodel post long term contract. Without adding additional units, realizing $500k+ plus in gross is very reasonable. Owner operated. Leases on file.
Property Features
65 Beds
0 Baths
64,710 Sqft
Built in 1913
0 Acres
4 Stories
Flat Roof
$18,304 / yr property tax
Garland County
HSR Community
Additional Photos
Contact Information
Chris Rix
RIX REALTY - ADVANTAGE TEAM REALTORS
501-627-4075
Location
Listing Agent: Chris Rix 501-627-4075
Broker: RIX REALTY - ADVANTAGE TEAM REALTORS 501-627-4075 Listing Site
Copyright © 2026 Hot Springs Board of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Broker: RIX REALTY - ADVANTAGE TEAM REALTORS 501-627-4075 Listing Site
Copyright © 2026 Hot Springs Board of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
BarrierFreeHome.com
Printed Jul 15, 2026
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$2,945,000
65
Beds
0
Baths
64,710
Sqft
125 OAK St, Hot Springs, Arkansas, 71901
By contacting this agent you agree to these Terms and Conditions.
MLS# 155515
Investors - Look at the returns here. Great property. Roof 2-3
$2,945,000
125 OAK St, Hot Springs, Arkansas, 71901
65
Beds
0
Baths
64,710
Sqft
0
Acres
$2,945,000
125 OAK St, Hot Springs, Arkansas, 71901
65 Beds
0 Baths
64,710 Sqft
0 Acres
Accessibility Features
Accessible Approach with Ramp
Investors - Look at the returns here. Great property. Roof 2-3 years, HVAC systems 2 years, fully sprinkled fire suppression, elevator, ADA accessibility, common coin laundry room or in unit laundry option, electric metered separately, solid well maintained building, units in excellent repair, great location, tranquil setting with excellent views in all direction, easily +10,000ft2/929m2 underutilized space to add additional rental units as desired. Initial major remodel when building was placed back in service approximately 2005 with continued maintenance. 31 total apartments 1br-5, 2br-18, 3br-8 with additional venue rental & party rooms. Historically contributing, but not restricted. Yearly- Electric $16,116, Internet & office phone $6299 (includes & 1 Tenant), Water, Sewer, Trash $16,274, Taxes $18,304, Insurance $42,840, Elevator- contract, inspection, permit & emergency phone $5831, Cameras/Security $3617, Fire monitoring and service contract $1834, city business & STR permits $470, Pest & Termite $2024 - Expense $113,609 - Income $455,293 (includes rent, storage, tenant utility contribution, laundry, event space rental, non-refundable pet deposit, pet rent, STR, application fee) NOI $341,684 with a 10% vacancy rate and Cap of 11%. Income reflects some late 2025 downtime for remodel post long term contract. Without adding additional units, realizing $500k+ plus in gross is very reasonable. Owner operated. Leases on file.
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Property Details
HOME DETAILS
65 Beds
0 Baths
64,710 Sqft
Built in 1913
0 Acres
4 Stories
EXTERIOR
Flat Roof
FINANCIAL & COMMUNITY
$18,304 / yr property tax
Garland County
HSR Community
See More Details
Location
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Ad Statistics
Ad Number
7838602
Viewed
22 times
Listing Status
Active
Added
May 28, 2026
Last Refresh
Jul 14, 2026 11:28:48 PM
Listing Information
Data Source
Hot Springs Board of Realtors
Source Property ID
155515
Listing Agent: Chris Rix 501-627-4075
Broker: RIX REALTY - ADVANTAGE TEAM REALTORS 501-627-4075 Listing Site
Copyright © 2026 Hot Springs Board of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Broker: RIX REALTY - ADVANTAGE TEAM REALTORS 501-627-4075 Listing Site
Copyright © 2026 Hot Springs Board of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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