Four-Unit Brick
For Sale
$1,190,000
Pending
2701-2707 W Shasta Road, Rogers, AR 72758
Residential, Rogers, AR
Property Size6,584 SF
Lot Size0.01 Acres
Days on Market449
Property Features for 2701-2707 W Shasta Road
General Information
Property type
Residential Multi Family
Property subtype
Quadruplex
Bedrooms
12
Bathrooms
12
Full bathrooms
8
Half bathrooms
4
Rooms
Bedroom 3, Bathroom 11, Bedroom 12, Bedroom 5, Bedroom 2, Bedroom 4, Bathroom 1, Bathroom 7, Bathroom 10, Bedroom 9, Bathroom 2, Bedroom 1, Bathroom 12, Bedroom 11, Bedroom 10, Bathroom 6, Bathroom 9, Bedroom 8, Bathroom 4, Bedroom 7, Bedroom 6, Bathroom 8, Bathroom 3, Bathroom 5
Parking features
Open, Garage
Patio and Porch features
Patio
Exterior features
ConcreteDriveway
Appliances
Dryer, Dishwasher, EnergyStarQualifiedAppliances, ElectricCooktop, ElectricOven, ElectricWaterHeater, Disposal, Microwave, Refrigerator, SmoothCooktop, Washer
Subdivision
Shadowbrooke At The Peaks ll Hpr Rogers
Lot features
Central Business District, City Lot, Near Park, Subdivision
Directions
From I 49, exit 81 WEST on W Pleasant Grove Rd. .3 miles Turn left onto S 26th St. 1.1 Miles turn left onto W Everest Ave. .1 Miles turn right onto S Kilimanjaro Way. 400 ft turn left onto W Shasta Rd.
Standard status
Pending
APN
02-16715-840
Size
6,584 SF
Lot size
0.01 Acres
Taxes and HOA fees
Tax Description
MASTER DEED 6/2/2021 L202141102 (BYLAWS ON PG 20) IMP ONLY SITS ON 02-16715-003
Tax Annual Amount
7900
HOA Fee
$125 Monthly
Legal Description
MASTER DEED 6/2/2021 L202141102 (BYLAWS ON PG 20) IMP ONLY SITS ON 02-16715-003
Utilities
Sewer type
Public Sewer
Heating system
Central, Electric (Heating)
Cooling system
Electric, Central Air
Water source
Public
Amenities
refrigerator
washer/dryer
walk-in closets
pantry
ceiling fans
Building Details
Year built
2017
Floors in Building
2
Number of units
4
Flooring type
Carpet, Tile, Laminate, Simulatedwood
Building materials
Brick, VinylSiding
Roof type
Shingle
Listing Agency:
Devereux Group
(479) 464-4292
Listed By:
Bo Morrison · License #SA00091858
(323) 377-3528
Added: Jul 14, 2025
Changed: Sep 15
Last Checked: Oct 5 at 12:06AM
MLS# 1314683
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.
Investment Insights
Based on property information with market context.
Located at 2701-2707 W Shasta Road in Rogers, Arkansas, this 6,584-square-foot quadplex contains four residential units. Each residence includes 3 bedrooms, 2.5 baths, a refrigerator, washer and dryer, walk-in closets, a pantry, and ceiling fans. Unit finishes and fixtures may vary slightly, while the overall configuration is consistent across the property.
The building was constructed in 2017 with brick and vinyl siding, a shingle roof, central electric heating and cooling, and public water and sewer service. Two units have attached two-car garages, and the other two provide one-car garages. Additional property features include patios, a concrete driveway, open parking, and a full range of kitchen appliances.
The property is positioned for access to major shopping centers, the Rogers city center, and the interstate. Flooring includes tile, simulated wood, carpet, and laminate across the units.
The building was constructed in 2017 with brick and vinyl siding, a shingle roof, central electric heating and cooling, and public water and sewer service. Two units have attached two-car garages, and the other two provide one-car garages. Additional property features include patios, a concrete driveway, open parking, and a full range of kitchen appliances.
The property is positioned for access to major shopping centers, the Rogers city center, and the interstate. Flooring includes tile, simulated wood, carpet, and laminate across the units.
Key Highlights
- Four‑unit property totaling 6,584 square feet
- Each unit offers 3 bedrooms and 2.5 baths
- Two units include two‑car garages; two have one‑car garages
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
$60,097
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
5.05%
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%
$1,201,940
$1.2M
Cap Rate 7%
$858,529
$858.5K
Cap Rate 9%
$667,744
$667.7K
Market Conditions
NOI Build-Up for 6,584 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
$90.9K $13.80/SF
− Vacancy
−$5.0K −$0.76/SF
EGI
$85.9K $13.04/SF
− OpEx
−$25.8K −$3.91/SF
NOI
$60.1K $9.13/SF
Area
Benton County, AR
Vacancy
5.51%
Lease Rate
$13.80 /SF/Yr
Expense Ratio
30.00%
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%
$1,201,940
Cap Rate 7%
$858,529
Cap Rate 9%
$667,744
Alternative Uses
Best Use
Multifamily LT 5
$858.5K
$751.2K – $1.00M
NOI $60,097 @ 7.0% cap · market cap 5.05%
Second Best
Apartment 5plus
$766.1K
$670.3K – $893.7K
NOI $53,624 @ 7.0% cap · market cap 4.51%
Theoretical Best
Office A
$1.81M
$1.58M – $2.11M
NOI $126,653 @ 7.0% cap · market cap 10.64%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
4
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
94
Businesses Nearby
Explore this area
Business Placement
Demographics for 72758, AR
45,105
Population
18,145
Households
2.5
Avg Household Size
34
Median Age
42%
College-Educated
88%
High-School Grad
31.3 sq mi
ZIP Area
1,441
Density / Sq Mi
$94,605
Median Household Income
$49,856
Median Earnings
$1,300
Median Rent
$358,200
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Quadplex - Built in 2017, this multifamily property offers four well-equipped residences with private garage parking.
Where is this quadplex located?
The property is located at 2701-2707 W Shasta Road Rogers, AR.
What is the asking price?
The asking price for this property is $1,190,000.
What are key features of this property?
This property features: Four‑unit property totaling 6,584 square feet; Each unit offers 3 bedrooms and 2.5 baths; Two units include two‑car garages; two have one‑car garages
