Upstairs 2BR Condo with
101 Pine Forest H-32 Drive Maumelle, AR 72113
For Sale
Under Contract
$105,000
CONDOS - Maumelle, AR
Property Size1,029 SF
Price / SF$102.04
Days on Market101
Property Features for 101 Pine Forest H-32 Drive
General Information
- Property type
- Residential
- Property subtype
- Duplex
- Bedrooms
- 2
- Bathrooms
- 2
- Rooms
- Bathroom 2, Bedroom 1, Bathroom 1, Bedroom 2
- Parking features
- Assigned
- Patio and Porch features
- Patio
- Interior features
- Washer Connection, Dryer Connection-Electric, Water Heater-Electric, Smoke Detector(s), Window Treatments, Balcony/Loft, Breakfast Bar, Kit Counter-Formica
- Exterior features
- Outside Storage Area, Covered Patio
- Appliances
- Free-Standing Stove, Electric Range, Dishwasher, Disposal, Refrigerator-Stays
- Standard status
- Active Under Contract
- Size
- 1,029 SF
Taxes and HOA fees
- Tax Description
- Forest Edge West Condo HPR PH2
- Tax Annual Amount
- 893
Building Details
- Year built
- 1979
- Floors in Building
- 2
- Flooring type
- Vinyl, Tile
- Roof type
- Composition
- Architectural style
- Other
- Additional Structures
- Storage
Listing Agency:
Arkansas Property Management & Real Estate
(501) 851-7771
Listed By:
Amanda Galbraith
(501) 804-9942
Added: Apr 17
Changed: Jul 23
Last Checked: Jul 26 at 4:06PM
MLS# 26015365
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 upstairs 2BR/2BA condo in the Pine Forest complex offers 1,029 square feet of living space. The unit features newer appliances, luxury vinyl plank and tile flooring, and fresh paint throughout. It includes two private balconies and two assigned parking spots.
The property is located at 101 Pine Forest H-32 Drive in Maumelle, Arkansas. Per the provided HOA information, the monthly HOA is $220 and covers trash and common area maintenance, along with exterior of buildings including the roof.
A tenant is currently in place through 02/28/2027 at $1,150 per month, providing continued occupancy based on the lease term noted in the remarks.
The property is located at 101 Pine Forest H-32 Drive in Maumelle, Arkansas. Per the provided HOA information, the monthly HOA is $220 and covers trash and common area maintenance, along with exterior of buildings including the roof.
A tenant is currently in place through 02/28/2027 at $1,150 per month, providing continued occupancy based on the lease term noted in the remarks.
Key Highlights
- Upstairs 2BR/2BA condo with 1,029 SF, built in 1979
- Two private balconies plus a patio and covered patio area
- Includes washer connection and dryer connection (electric) and an electric water heater
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 | $14.9k | $14.52 |
| − Vacancy | −$867 | −$0.84 |
| EGI | $14.1k | $13.68 |
| − OpEx | −$6.3k | −$6.16 |
| NOI | $7.7k | $7.52 |
1,029 SF · lease $14.52/SF/yr · vacancy 5.80% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$110.6K
$96.8K – $129.0K
NOI $7,741 @ 7.0% cap · market cap 7.37%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$196.3K
$171.8K – $229.0K
NOI $13,740 @ 7.0% cap · market cap 13.09%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Residential income properties
FAQs
What type of property is this?
Residential income property - Upstairs 2BR/2BA condo with two private balconies, newer appliances, and two assigned parking spots.
Where is this residential income property located?
The property is located at 101 Pine Forest H-32 Drive Maumelle, AR.
What is the asking price?
The asking price for this property is $105,000.
What are key features of this property?
This property features: Upstairs 2BR/2BA condo with 1,029 SF, built in 1979; Two private balconies plus a patio and covered patio area; Includes washer connection and dryer connection (electric) and an electric water heater
