Apartment
1000-1100 Nancy Street, White Hall, AR 71602
For Sale
$1,790,000
The building has central air conditioning and electric heat, with electric cooking equipment.
Property Size16,490 SF
Price / SF$108.55
Days on Market10
Property Features for 1000-1100 Nancy Street
General Information
Standard status
Size
Property subtype
Zoning
Taxes and HOA fees
Annual Taxes
Amenities
Central Air, Electric
Central, Electric
Cooktop, Electric Range
Ranch, Traditional
Building Details
Building Size
Year Built
Listed By:
Rick McAlister
(870) 718-9129
Source:
Evrealestate
Added: Nov 5
Changed: Nov 8
Last Checked: Nov 12 at 6:55AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Rick McAlister
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
Located at 1000-1100 Nancy Street in White Hall, this apartment property was built in 1986 and is zoned MF. The building is equipped with central air conditioning and central electric heat, plus a cooktop and electric range.
Key Highlights
- Apartment property built in 1986
- Zoned MF
- Central air conditioning and central electric heat
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$98,168
Cap Rate
5.48%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,963,360
$2.0M
Cap Rate 7%
$1,402,400
$1.4M
Cap Rate 9%
$1,090,756
$1.1M
Market Conditions
NOI Build-Up for 16,490 SF
Gross rent
$197.9K $12.00/SF
− Vacancy
−$19.4K −$1.18/SF
EGI
$178.5K $10.82/SF
− OpEx
−$80.3K −$4.87/SF
NOI
$98.2K $5.95/SF
Area
Jefferson County, AR
Vacancy
9.80%
Lease Rate
$12.00 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,963,360
Cap Rate 7%
$1,402,400
Cap Rate 9%
$1,090,756
Alternative Uses
Best Use
Apartment 5plus
$1.40M
$1.23M – $1.64M
NOI $98,168 @ 7.0% cap · market cap 5.48%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$4.23M
$3.70M – $4.93M
NOI $295,943 @ 7.0% cap · market cap 16.53%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Location Intelligence
Trade Area within ½ mile
276
Businesses Nearby
Explore this area
Business Placement
Demographics for 71602, AR
16,112
Population
7,489
Households
2.2
Avg Household Size
41
Median Age
23%
College-Educated
89%
High-School Grad
131.0 sq mi
ZIP Area
123
Density / Sq Mi
$54,936
Median Household Income
$35,644
Median Earnings
$900
Median Rent
$135,800
Median Home Value
Market
Average Price Trend$/SF for Apartment buildings in Jefferson County, AR
Properties on Market for Apartment buildings in Jefferson County
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Apartment building - The building has central air conditioning and electric heat, with electric cooking equipment.
Where is this apartment building located?
The property is located at 1000-1100 Nancy Street White Hall, AR.
What is the asking price?
The asking price for this property is $1,790,000.
What are key features of this property?
This property features: Apartment property built in 1986; Zoned MF; Central air conditioning and central electric heat
