Sherwood Multi-Family Property For
41 Compass Point St Sherwood, AR 72120
41 Compass Point St, Sherwood, AR, 72120
$100,000
For Sale
Under Contract
$100,000
MULTI_FAMILY - Sherwood, AR
Property Size943 SF
Lot Size0.33 Acres
Price / SF$106.04
Days on Market74
Property Features for 41 Compass Point St
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Appliances
- Free-Standing Stove, Electric Range, Dishwasher, Free-Standing Stove, Electric Range, Dishwasher
- Standard status
- Active Under Contract
- APN
- 22R-018-74-026-01
- Size
- 943 SF
- Lot size
- 0.33 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Description
- Lot A
- Tax Annual Amount
- 807
Building Details
- Year built
- 1988
- Floors in Building
- 1
- Number of units
- 1
- Flooring type
- Carpet - Partial, Tile, 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 Updated: Jun 22 at 12:58PM Checked: Jul 23 at 6:06AM
MLS# 26018965
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.
This multi-family property, located in Sherwood, Arkansas, is available for purchase individually or as part of a package with three other properties. The property includes a 3-bedroom, 1-bathroom unit that is currently rented for $975.00 per month. The lot size is 0.33 acres, and the property size is 943 square feet. Other properties in the package are located at 201 Natalie, 14 Compass Pt., and 200 Wright. Rental details are available in the provided documents.
Key Highlights
- 3BD/1BA rental unit currently rented for $975/month
- Year built 1988
- Roof: composition
Local Financial Insights For Apartment 5plus
Simulate Cap Rate and NOI
NOI Build-Up
- 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.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $13.7k | $14.52 |
| − Vacancy | −$794 | −$0.84 |
| EGI | $12.9k | $13.68 |
| − OpEx | −$5.8k | −$6.16 |
| NOI | $7.1k | $7.52 |
943 SF · lease $14.52/SF/yr · vacancy 5.80% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$101.3K
$88.7K – $118.2K
NOI $7,094 @ 7.0% cap · market cap 7.09%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$179.9K
$157.4K – $209.9K
NOI $12,591 @ 7.0% cap · market cap 12.59%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Single family properties
Similar For Sale Nearby
FAQs
What type of property is this?
Single family property - Multi-family property in Sherwood, Arkansas, available for purchase.
Where is this single family property located?
The property is located at 41 Compass Point St Sherwood, AR.
What is the asking price?
The asking price for this property is $100,000.
What are key features of this property?
This property features: 3BD/1BA rental unit currently rented for $975/month; Year built 1988; Roof: composition
