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812 Shady Heights Rd 6 Unit Apartment Building $872,178 CAD ($145,363 CAD/Unit) 7.76% Cap Rate Hot Springs, AR 71901



EXECUTIVE SUMMARY
Prime multifamily investment opportunity in the highly desirable Lakeside School District. This three-duplex portfolio (six total doors-680 sqft each), offering a refreshed look, improved condition, and pricing aligned with current market value. Each 2 bedroom, 1 bathroom unit features granite countertops, stainless steel appliances, and a solid long term rental history, making this a low-maintenance, income producing asset ideal for both new and seasoned investors. Tenants pay all utilities, enhancing cash flow and simplifying management. The properties: 812 Shady Heights, 101 &367 Lance Circle, are clustered together in Lakeside School District, just minutes from shopping, dining, and Lake Hamilton, supporting strong tenant demand and long-term appreciation. Additional upside includes extra land with potential to add another duplex (buyer to verify), creating future expansion and increased returns. 1031 Exchange friendly. Seller is offering a $5,000.00 buyer credit at closing, applicable toward an interest-rate buy-down, discount points, or other lender approved closing costs, subject to loan guidelines.
PROPERTY FACTS
| Price | $872,178 CAD | Property Subtype | Apartment |
| Price Per Unit | $145,363 CAD | Building Class | C |
| Sale Type | Investment | Lot Size | 0.30 AC |
| Cap Rate | 7.76% | Building Size | 4,080 SF |
| Gross Rent Multiplier | 8 | No. Stories | 1 |
| No. Units | 6 | Year Built | 1985 |
| Property Type | Multifamily |
| Price | $872,178 CAD |
| Price Per Unit | $145,363 CAD |
| Sale Type | Investment |
| Cap Rate | 7.76% |
| Gross Rent Multiplier | 8 |
| No. Units | 6 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Building Class | C |
| Lot Size | 0.30 AC |
| Building Size | 4,080 SF |
| No. Stories | 1 |
| Year Built | 1985 |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Microwave
- Eat-in Kitchen
- Refrigerator
- Oven
- Porch
SITE AMENITIES
- Private Bathroom
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 2+1 | 6 | $1,294 CAD | 680 |
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812 Shady Heights Rd
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