629 Poplar ST Van Buren, AR 72956
MULTI_FAMILY - Van Buren, AR
- Added:
- Oct 23, 2023
- Days on Market:
- 993
- Last Refresh:
- Jul 11 at 8:06 pm
Property Features for 629 Poplar ST
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Standard status
- Active
- APN
- 700-02508-000
- Size
- 8,480 SF
- Lot size
- 0.49 Acres
Taxes and HOA fees
- Tax Description
- See County Records
- Tax Annual Amount
- 996
Utilities
- Heating system
- Electric (Heating)
- Cooling system
- Electric
Building Details
- Year built
- 2018
- Floors in Building
- 2
- Number of units
- 8
- Flooring type
- Concrete, Vinyl
- Roof type
- Shingle
Listing agent Aaron O'Neal License #155637 (918) 774-5743
Listing office O'Neal Real Estate 505 W Fine Blvd, Roland, AR (479) 739-8087
Listing date Oct 23, 2023
Copyright © 2026 Western River Valley Board of REALTORS®. 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.
Key Highlights
- Multi‑unit property: 8 townhomes across 4 buildings.
- Newer construction: Two buildings are only a few years old, suggesting reduced maintenance costs.
- Income‑generating: Currently generating rental income with an average of $950 per unit.
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 | $101.8k | $12.00 |
| − Vacancy | −$6.9k | −$0.82 |
| EGI | $94.8k | $11.18 |
| − OpEx | −$42.7k | −$5.03 |
| NOI | $52.2k | $6.15 |
