Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    42 Stoneybrook Lane Searcy, AR 72143

    View on Map
    For Sale
    $580,000

    Apartments, Traditional - Searcy, AR

    Property size:
    7,656 SF
    Lot size:
    0.51 Acres
    Added:
    Jul 22, 2025
    Days on Market:
    254
    Last Refresh:
    Apr 1 at 12:06 pm

    Property Features for 42 Stoneybrook Lane

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Zoning
    Multi
    Appliances
    Dishwasher, Refrigerator, Washer
    Standard status
    Active
    Size
    7,656 SF
    Lot size
    0.51 Acres

    Taxes and HOA fees

    TaxAnnualAmount
    3505

    Utilities

    Heating system
    Central, Electric (Heating), Natural Gas
    Cooling system
    Central Air, Electric, Gas (Cooling)

    Building Details

    Year built
    1998
    Floors in Building
    2
    Number of units
    8
    Flooring type
    Carpet, Carpet - Partial, Laminate, Vinyl
    Building materials
    Brick
    Roof type
    Shingle
    Architectural style
    New Traditional

    We can help!

    Listing Contact
    Benton Glass

    Listing agent Benton Glass

    Listing office Brick Real Estate 2405 Prince Street, Conway, AR

    Listing date Jul 22, 2025

    MLS# 25028957 Listing URL

    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.

    Overview

    Remodeled Apartment Complex in Searcy

    This remodeled apartment complex is located in Searcy, AR. The property consists of 8 units, each featuring two bedrooms and one and a half bathrooms. Select units have undergone significant renovations, including new windows, LVP flooring, paint, and stainless steel appliances. The property size is 7,656 square feet and sits on a 0.51-acre lot. This property offers the potential for stable cash flow, with opportunities to increase rents to market rate. The property is zoned for multi-family use.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Apartment buildings

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Accounting Firm

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

    Location Insight

    • Map
    • Local Demand
    City
    Searcy
    County
    White
    State
    Arkansas
    Longitude
    -91.765056
    Latitude
    35.246098

    Nearby Similar for Sale

    • $749,000
      12,000 SF

      Searcy Flex-Space Industrial Building

      12,000 SF flex building in high-demand commercial corridor.
      608 E Booth, Searcy, AR 72143
      View Details
    • $7,000
      12,000 SF

      Searcy Flex-Space Opportunity

      Versatile 12,000 SF industrial/flex building in high-demand commercial corridor.
      608 E Booth, Searcy, AR 72143
      View Details
    • $2,500
      3,701 SF

      Renovated Office Space Near I57

      Updated office space featuring 11 offices, conference room, and kitchen.
      2220 Taylor Road, Searcy, AR 72143
      View Details
    • Contact for pricing
      9,000 SF

      Retail Space in Searcy, AR

      Retail space with high visibility near national restaurants.
      0 Janet DR, Searcy, AR 72143
      View Details
    • $300,000
      3,746 SF

      Downtown Searcy Building and Land

      Building in the heart of downtown Searcy, Arkansas.
      311 N Spruce, Searcy, AR 72143
      View Details
    • $1,070,000
      6,762 SF

      New Construction Triplexes and Duplex

      New construction triplexes and duplex near schools and city conveniences.
      508 and 510 N Oak St, Searcy, AR 72143
      View Details
    • $1,200,000
      11,178 SF

      Searcy Apartment Complex For Sale

      12-unit apartment complex in Searcy, Arkansas with recent upgrades.
      300 N Clinic Street, Searcy, AR 72143-4609
      View Details
    • $230,000
      6,622 SF

      Adaptable Building in High-Visibility Location

      Versatile property suitable for church, office, retail, or redevelopment.
      1600 E Moore Avenue, Searcy, AR 72143
      View Details
    • $449,000
      5,600 SF

      Value-Add Mobile Home Park

      Park-owned mobile home community with significant capital improvements and upside.
      4182 367 S Highway, Searcy, AR 72143
      View Details
    • $1,500,000
      28,356 SF

      Historic Building in Downtown Searcy

      Redevelopment opportunity in downtown Searcy near courthouse and attractions.
      207 W Arch Avenue, Searcy, AR 72143
      View Details
    • $1,377,500
      14,463 SF

      Searcy Apartments: 19-Unit Community

      19-unit apartment community in Searcy, Arkansas, with stable cashflow.
      205 W Woodruff Avenue, Searcy, AR 72143
      View Details
    • $1,128,000
      11,648 SF

      Searcy, AR Apartment Investment

      16-unit apartment complex in Searcy, Arkansas with recent updates.
      32 Stoneybrook Lane, Searcy, AR 72143
      View Details

    FAQs

    What type of property is this?
    Apartment building - Remodeled 8-unit apartment complex with stable cash flow potential.
    Where is this apartment building located?
    The property is located at 42 Stoneybrook Lane Searcy, AR.
    What is the asking price?
    The asking price for this property is $580,000.
    What are key features of this property?
    This property features: Remodeled apartment complex with significant renovations in select units.; Eight two‑bedroom, one‑and‑a‑half‑bath units.; New LVP flooring, new paint, and stainless steel appliances *in select units*.
    (901) 826-7252
    We can help!
    Listing Contact
    Benton Glass
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!