230 Manor Cir
Hot Springs, AR 71901
Polo Run Apartments · Multifamily Property For Sale
·
148 Units
Property Facts
| No. Units | 148 | Lot Size | 6.33 AC |
| Property Type | Multifamily | Building Size | 109,400 SF |
| Property Subtype | Apartment | Average Occupancy | 100% |
| Apartment Style | Garden | No. Stories | 3 |
| Building Class | C | Year Built | 1948 |
| Zoning | MF | ||
| No. Units | 148 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | C |
| Lot Size | 6.33 AC |
| Building Size | 109,400 SF |
| Average Occupancy | 100% |
| No. Stories | 3 |
| Year Built | 1948 |
| Zoning | MF |
Amenities
Unit Amenities
- Heating
- Kitchen
- Refrigerator
- Oven
- Range
- Tub/Shower
- Freezer
Site Amenities
- 24 Hour Access
- Controlled Access
- Laundry Facilities
- Online Services
- Walk-Up
- Smoke Detector
About 230 MANOR CIR , HOT SPRINGS, AR 71901
The Multifamily Group and Ark Real Estate are excited to present the opportunity to acquire Polo Run Apartments in Hot Springs, Arkansas. This 148 unit complex is located at the epicenter of downtown Hot Springs with walking access to museums, restaurants, and shopping in a historic downtown setting. Known as Valley of the Vapors, Hot Springs is home to many bathhouses fed by the natural hot springs, Hot Springs National Park, Oaklawn Horse Track and Casino, and Lake Ouachita which attracts more than 1.5 million visitors a year. Polo Run is located directly off Central Avenue which serves as the main conduit through downtown. With market occupancy at 95%, Polo Run is a phenomenal opportunity to increase value through aligning occupancy with the market and capitalizing on an under-served renter-by-necessity population.
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| Studios | 20 | - | 375 - 425 |
| 1+1 | 116 | - | 475 - 500 |
| 2+1 | 12 | - | 803 |
Property Taxes
| Parcel Number | 400-24500-005-000C | Improvements Assessment | $295,020 |
| Land Assessment | $215,900 | Total Assessment | $510,920 |
Property Taxes
