Townhome with
For Sale
$204,900
104 Venezia, Maumelle, AR 72113
The residence combines a fireplace-centered living area with access to shared recreation amenities.
Property Size1,448 SF
Price / SF$141.51
Days on Market241
Property Features for 104 Venezia
General Information
Standard status
Active
Size
1,448 SF
Total Parking Spaces
1
Property subtype
Condo/Townhse/Duplex/Apt
Additional Details
Multifamily Units
1
Taxes and HOA fees
Annual Taxes
$1,654
Amenities
Club House
Pool
Work Out Room
fireplace
Building Details
Building Size
1,448 SF
Year Built
2008
Listing Agency:
The Sumbles Team Keller Williams Realty
Listed By:
Randy Sumbles
(501) 960-4111
Source:
Carmensellshomesinarkansas
Added: Mar 5
Changed: Oct 26
Last Checked: Oct 31 at 8:09AM
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 The Sumbles Team Keller Williams Realty
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Investment Insights
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Built in 2008, this Maumelle townhome has 1,448 square feet, a single-car garage, and a great room with a fireplace. The kitchen features granite counters, stained cabinetry, a built-in microwave, a stove, and a dishwasher. Recent property work includes roof replacement and exterior painting.
Residents have access to a clubhouse, pool, and workout room. Lake Willastein is within walking distance, and the property is part of a townhome project with other units available.
Residents have access to a clubhouse, pool, and workout room. Lake Willastein is within walking distance, and the property is part of a townhome project with other units available.
Key Highlights
- 1,448‑square‑foot townhome built in 2008
- Single‑car garage and great room with fireplace
- Kitchen includes granite counters, stained cabinetry, built‑in microwave, stove, and dishwasher
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$10,893
Cap Rate
5.32%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$217,860
$217.9K
Cap Rate 7%
$155,614
$155.6K
Cap Rate 9%
$121,033
$121.0K
Market Conditions
NOI Build-Up for 1,448 SF
Gross rent
$21.0K $14.52/SF
− Vacancy
−$1.2K −$0.84/SF
EGI
$19.8K $13.68/SF
− OpEx
−$8.9K −$6.16/SF
NOI
$10.9K $7.52/SF
Area
Pulaski County, AR
Vacancy
5.80%
Lease Rate
$14.52 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$217,860
Cap Rate 7%
$155,614
Cap Rate 9%
$121,033
Alternative Uses
Best Use
Apartment 5plus
$155.6K
$136.2K – $181.6K
NOI $10,893 @ 7.0% cap · market cap 5.32%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$276.2K
$241.7K – $322.3K
NOI $19,335 @ 7.0% cap · market cap 9.44%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
1
Residential units
Location Intelligence
Trade Area within ½ mile
91
Businesses Nearby
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Business Placement
Demographics for 72113, AR
25,930
Population
12,260
Households
2.1
Avg Household Size
38
Median Age
46%
College-Educated
96%
High-School Grad
26.3 sq mi
ZIP Area
986
Density / Sq Mi
$72,054
Median Household Income
$46,212
Median Earnings
$1,084
Median Rent
$275,800
Median Home Value
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Frequently Asked Questions
What type of property is this?
Residential income property - The residence combines a fireplace-centered living area with access to shared recreation amenities.
Where is this residential income property located?
The property is located at 104 Venezia Maumelle, AR.
What is the asking price?
The asking price for this property is $204,900.
What are key features of this property?
This property features: 1,448‑square‑foot townhome built in 2008; Single‑car garage and great room with fireplace; Kitchen includes granite counters, stained cabinetry, built‑in microwave, stove, and dishwasher
