Description
Multifamily investment opportunity consisting of 18 townhome units plus an additional single-family residence. The townhome community features eighteen 2 bedroom, 1.5 bath units, each equipped with in-unit washers and dryers. The property also includes a separate 3 bedroom, 2 bath single-family home, providing additional rental income or on-site management housing. The property has been well maintained, including a new roof installed in 2026. The property is operating at a 7.18% cap rate based on current financials. With a desirable unit mix, strong rental demand, and multiple income streams, this is a solid investment opportunity for multifamily investors seeking stable cash flow and long-term value.
Details
| MLS # | 26026228 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | For-sale |
| Status | Active |
| Year | 1985 |
| Days On Site | 88 |
| Listing Provided By | IRealty Arkansas - Sherwood | Sonya Rhea |
Features
| Story(s) | 2 |
|---|---|
| Units | 19 |
| Zoning | Residentia |
| Acreage | 1.10 |
Exterior
| Exterior | Brick |
|---|---|
| Roof | Composition |
| Foundation | Crawl Space, Slab |
Utilities
| Utilities | Sewer-Public, Water-Public, Electric-Municipal, Gas-Natural |
|---|
Taxes
| Property | 12815 |
|---|
Area Information
| State | AR |
|---|---|
| County | Pulaski |
| City | Sherwood |
| Zip Code | 72120 |
| Area | SHERWOOD |
| Subarea | SHERWOOD |
| Community Name | Spring Grove |
| Listing VS Median (in Spring Grove) | |
Price: $2,200,000 low | high Med: $0 On site: 88 low | high Med: | |
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Learn More About This Property
| State | AR |
|---|---|
| County | Pulaski |
| City | Sherwood |
| Zip Code | 72120 |
| Area | SHERWOOD |
| Subarea | SHERWOOD |
| Community Name | Spring Grove |
| Listing VS Median (in Spring Grove) | |
Price: $2,200,000 low | high Med: $0 On site: 88 low | high Med: | |
Nearby Listings (Within 1/10 mile)
Price: $1.65M - $2.75M
sqft: 0 - 0
Listing Updated: July 6, 2026 at 12:27:48 AM PDT