3-Bedroom Multifamily
For Sale
Under Contract
$95,000
14 Compass Point St, Sherwood, AR 72120
Multi-Family, Traditional, Sherwood, AR
Property Size1,040 SF
Lot Size0.21 Acres
Price / SF$91.35
Days on Market121
Property Features for 14 Compass Point St
General Information
Property type
Residential Multi Family
Property subtype
Other
Parking features
Carport
Appliances
Free-Standing Stove, Electric Range, Dishwasher, Free-Standing Stove, Electric Range, Dishwasher
Subdivision
Bamboo Village
Lot features
Level
Directions
Bamboo Ln to Compass Point
Standard status
Active Under Contract
APN
22R-018-73-033-00
Size
1,040 SF
Lot size
0.21 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
Lot 33
Tax Annual Amount
722
Legal Description
Lot 33
Building Details
Year built
1972
Floors in Building
1
Number of units
1
Flooring type
Carpet - Partial, Laminate
Roof type
Composition
Architectural style
Other
Listing Agency:
RE/MAX Homefinders
(501) 982-2159
Listed By:
Daniel Gray · License #PB00050346
(501) 960-3181
Added: May 11
Changed: Sep 3
Last Checked: Sep 8 at 7:06PM
MLS# 26018964
Copyright © 2026 Cooperative Arkansas Realtors Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
Located in Sherwood, Arkansas, this multifamily property contains a 3-bedroom, 1-bathroom unit with 1,040 square feet of living area. The residence includes a carport, laminate flooring, partial carpeting, a composition roof, and kitchen appliances including a dishwasher, electric range, and freestanding stove. Built in 1972, the property occupies a 0.21-acre lot.
The unit is currently rented and may be acquired on its own or together with three additional properties identified in the listing information. The property is situated at 14 Compass Point St in the 72120 ZIP code.
The unit is currently rented and may be acquired on its own or together with three additional properties identified in the listing information. The property is situated at 14 Compass Point St in the 72120 ZIP code.
Key Highlights
- 3‑bedroom, 1‑bathroom unit with 1,040 square feet
- Currently rented unit
- 0.21‑acre lot in Sherwood, AR
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$7,824
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
8.24%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$156,480
$156.5K
Cap Rate 7%
$111,771
$111.8K
Cap Rate 9%
$86,933
$86.9K
Market Conditions
NOI Build-Up for 1,040 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$15.1K $14.52/SF
− Vacancy
−$876 −$0.84/SF
EGI
$14.2K $13.68/SF
− OpEx
−$6.4K −$6.16/SF
NOI
$7.8K $7.52/SF
Area
Pulaski County, AR
Vacancy
5.80%
Lease Rate
$14.52 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$156,480
Cap Rate 7%
$111,771
Cap Rate 9%
$86,933
Alternative Uses
Best Use
Apartment 5plus
$111.8K
$97.8K – $130.4K
NOI $7,824 @ 7.0% cap · market cap 8.24%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$198.4K
$173.6K – $231.5K
NOI $13,887 @ 7.0% cap · market cap 14.62%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
1
Residential units
Location Intelligence
Trade Area within ½ mile
18
Businesses Nearby
Explore this area
Business Placement
Demographics for 72120, AR
34,784
Population
15,216
Households
2.3
Avg Household Size
41
Median Age
35%
College-Educated
95%
High-School Grad
54.2 sq mi
ZIP Area
642
Density / Sq Mi
$75,853
Median Household Income
$48,453
Median Earnings
$1,026
Median Rent
$189,400
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Multifamily property - Rented residence with a carport, laminate flooring, and included kitchen appliances.
Where is this multifamily property located?
The property is located at 14 Compass Point St Sherwood, AR.
What is the asking price?
The asking price for this property is $95,000.
What are key features of this property?
This property features: 3‑bedroom, 1‑bathroom unit with 1,040 square feet; Currently rented unit; 0.21‑acre lot in Sherwood, AR
