For Sale
214 Elizabeth Ter, Hot Springs, AR, 71901
Investment at a glance
Annual Revenue
$24K
Gross Yield
10.1%
Occupancy
53%
Cap Rate
6.1%
Turnkey, income-producing duplex in the heart of Hot Springs. This fully furnished property is short-term rental permitted by the city and currently operates as a licensed Airbnb, offering a strong opportunity for immediate income once transitioned to a new owner. The duplex features two units: Unit A offers 3 bedrooms and 1 bathroom, while Unit B includes 2 bedrooms and 1 bathroom, both fully furnished and ready for continued short-term rental use. Situated on a spacious 0.40-acre lot, the property also includes a shared laundry area at the rear for guest convenience. Originally built in 1925 and remodeled in 2017, it combines historic character with updated functionality. Located in one of Arkansas’s most popular tourism markets, this property is well-positioned to benefit from consistent, year-round visitor demand. Ideal for investors seeking a true plug-and-play opportunity with immediate income potential in a high-demand rental market.
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