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    Two-Story Fourplex with Private Decks Title is generated by Realmo AI

    18 Green Meadow Lane, Holiday Island, AR 72631

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    For Sale
    $620,000

    MULTI_FAMILY - Other - Holiday Island, AR

    Property size:
    4,320 SF
    Lot size:
    0.46 Acres
    Price / SF:
    $143/SF
    Added:
    Jun 6, 2026
    Days on Market:
    2
    Last Refresh:
    Jun 7 at 12:06 am

    Property Features for 18 Green Meadow Lane

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Bedrooms
    8
    Bathrooms
    8
    Rooms
    Bathroom 3, Bathroom 4, Bathroom 7, Bathroom 8, Bedroom 7, Bedroom 5, Bedroom 4, Bedroom 6, Bathroom 2, Bathroom 5, Bathroom 6, Bedroom 1, Bedroom 8, Bathroom 1, Bedroom 2, Bedroom 3
    Parking features
    Garage
    Patio and Porch features
    Deck
    Exterior features
    ConcreteDriveway
    Fireplace
    1
    Appliances
    BuiltInRange, BuiltInOven, Dishwasher, ElectricRange, ElectricWaterHeater, Disposal, Refrigerator
    Standard status
    Active
    APN
    320-03242-000
    Size
    4,320 SF
    Lot size
    0.46 Acres

    Taxes and HOA fees

    Tax Description
    Lot 14 Blk 15 Unit 10 Holiday Island, Carroll County, AR
    Tax Annual Amount
    3357

    Utilities

    Sewer type
    Public Sewer
    Heating system
    Electric (Heating), Central
    Cooling system
    Electric, Central Air
    Water source
    Public

    Building Details

    Year built
    1995
    Floors in Building
    2
    Number of units
    4
    Flooring type
    Tile, Laminate, Carpet
    Building materials
    VinylSiding
    Roof type
    Shingle
    Architectural style
    Other

    We can help!

    Listing Contact
    Betty Bomar

    Listing agent Betty Bomar License #EB00085648

    Listing office Coldwell Banker Harris McHaney & Faucette-Rogers 809 S 52nd Street, Rogers, AR

    Listing date Jun 6, 2026

    MLS# 1351057 Listing URL

    Copyright © 2026 ArkansasONE MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • 4‑plex in Holiday Island built in 1995, with four spacious two‑story units
    • Recently updated with new flooring, composite decks, new roof, and newer HVAC systems
    • Detached 4‑car garage with a dedicated bay for each unit
    • Each unit has separate utilities metering; tenants pay their own utilities
    • One unit is vacant and available for showings
    • Property features a deck, a garage, public water, and public sewer

    Overview

    This well-maintained fourplex includes four two-story units. The property has been recently updated with new flooring, composite decks, a new roof, and newer HVAC systems. A detached 4-car garage sits on-site with a dedicated bay for each unit. The two end units include additional features, including fireplaces and jetted tubs. One unit is intentionally vacant and available for showings.

    The property is located in Holiday Island, in close proximity to Table Rock Lake and the Holiday Island Marina, described as just one block away. The surrounding setting is characterized in the remarks as a resort community.

    For tenants and owners, the layout offers straightforward, independent living arrangements across all four units, and each unit is separately metered so residents pay their own utilities. With a vacant unit ready for showings, the property can support owner occupancy or provide an uncomplicated path to tenant placement for the available unit. The detached garage configuration also provides practical on-site parking for each residence.
    Property Profile Location Intelligence

    Current Use by Public Records

    Quadplexes

    Suggested Use

    Restaurant Real Estate Agency Auto Repair Shop Hotel & Motel Storage Facility HVAC Service Grocery & Convenience Store Computer & Electronic Repair Tech Support Center Bed & Breakfast

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Holiday Island
    County
    Carroll
    State
    Arkansas
    Longitude
    -93.758943
    Latitude
    36.488636

    FAQs

    What type of property is this?
    Quadplex - Updated fourplex with four two-story residences, composite decks, and separately metered utilities for tenant-paid services.
    Where is this quadplex located?
    The property is located at 18 Green Meadow Lane Holiday Island, AR.
    What is the asking price?
    The asking price for this property is $620,000.
    What are key features of this property?
    This property features: 4‑plex in Holiday Island built in 1995, with four spacious two‑story units; Recently updated with new flooring, composite decks, new roof, and newer HVAC systems; Detached 4‑car garage with a dedicated bay for each unit
    (479) 418-3666
    We can help!
    Listing Contact
    Betty Bomar
    Real Estate License ID: EB00085648
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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