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    8022 Highway 271 Fort Smith, AR 72908

    Under Contract
    For Sale
    $349,000

    Three-Plex - Fort Smith, AR

    Property size:
    5,235 SF
    Lot size:
    1.01 Acres
    Days on Market:
    62
    Last Refresh:
    Dec 5 at 8:06 pm

    Property Features for 8022 Highway 271

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active Under Contract
    APN
    60001-0000-05613-02
    Exterior features
    Masonite Siding
    Appliances
    Garbage Disposer, Range, Refrigerator
    Size
    5,235 SF
    Lot size
    1.01 Acres

    Utilities

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

    Building Details

    Year built
    1978
    Floors in Building
    1
    Number of units
    6
    Flooring type
    Laminate, Vinyl
    Building materials
    Brick
    Roof type
    Metal
    Architectural style
    Other

    Meador Realty Associates (479) 434-6838

    Listing agent Josh Nguyen (479) 434-6837

    Listing date Oct 5, 2025

    MLS# 1083184 Listing URL

    Copyright © 2025 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.

    Overview

    Turnkey Six-Unit Investment Property

    This six-unit property is a turnkey investment opportunity, currently at 100% occupancy. Several units have been updated with new flooring and fresh paint. The property provides consistent rental income with potential for long-term growth. It is located minutes from local schools and offers quick interstate access. Tenants benefit from the convenience of nearby shopping, dining, and everyday amenities. The property is positioned in a strong rental area and is 5235 square feet in size, situated on a 1.01-acre lot.
    Property Profile Location Intelligence

    Current Use by Public Records

    Apartment buildings

    Suggested Use

    Realty agency Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Fort Smith
    County
    Sebastian
    State
    Arkansas
    Longitude
    -94.423427
    Latitude
    35.308274

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    FAQs

    What type of property is this?
    Apartment building - Fully occupied six-unit property with recent updates and strong rental income.
    Where is this apartment building located?
    The property is located at 8022 Highway 271 Fort Smith, AR.
    What is the asking price?
    The asking price for this property is $349,000.
    What are key features of this property?
    This property features: - 100% Occupancy: Provides immediate and consistent rental income.; - Turnkey Condition: Updated units with new flooring and fresh paint.; - Strong Rental Location: Close to schools, shopping, and dining.
    (479) 434-6837
    Request Owner's contact information
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    Fort Smith, AR 72908
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    Realmo Value Estimation

    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.

    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.

    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
    8022 Highway 271 Fort Smith, AR 72908
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