Renovated Townhome-Style
1099 W Elm St Cabot, AR 72023
For Sale
$995,000
MULTI_FAMILY - Cabot, AR
Property Size9,600 SF
Lot Size1.85 Acres
Price / SF$103.65
Days on Market48
Property Features for 1099 W Elm St
General Information
- Property type
- Residential Multi Family
- Property subtype
- Apartment
- Interior features
- Washer Connection, Dryer Connection-Electric, Hot Water Heater-Electric, Smoke Detector, Fan - Ceiling
- Exterior features
- Partially Fenced
- Fencing
- Partial
- Appliances
- Free-Standing Stove, Electric Range, Dishwasher, Disposal, Free-Standing Stove, Electric Range, Dishwasher, Disposal
- Standard status
- Active
- Size
- 9,600 SF
- Lot size
- 1.85 Acres
Taxes and HOA fees
- Tax Description
- 13-04N-10
- Tax Annual Amount
- 3536
Building Details
- Year built
- 1986
- Floors in Building
- 2
- Number of units
- 12
- Flooring type
- Vinyl, Tile
- Roof type
- Shingle
- Architectural style
- Other
Listing Agency:
Brick Real Estate
(501) 497-3822
Listed By:
BJ Lowe
(501) 733-9623
Added: Jun 9
Changed: Jul 14
Last Checked: Jul 26 at 11:06PM
MLS# 26023213
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 12-unit multifamily investment consists of three separate buildings, with four townhome-style units in each building. The units have been renovated, including LVP flooring in the bedrooms and updated appliances. Kitchen and bath finishes include granite countertops in six units, and epoxy-finished countertops in the remaining six units.
Property improvements include roof replacements in 2022, and HVAC systems that have been recently serviced. The asset is presented as turnkey for an income-producing use.
The property is offered for sale in Cabot, Arkansas, on a 1.85-acre site.
Property improvements include roof replacements in 2022, and HVAC systems that have been recently serviced. The asset is presented as turnkey for an income-producing use.
The property is offered for sale in Cabot, Arkansas, on a 1.85-acre site.
Key Highlights
- 12‑unit multifamily investment made up of 3 buildings with 4 townhome‑style units each
- All units renovated with LVP flooring in bedrooms and updated appliances
- Six units feature granite countertops in kitchens and baths; six units have epoxy‑finished countertops
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 | $149.8k | $15.60 |
| − Vacancy | −$8.7k | −$0.90 |
| EGI | $141.1k | $14.70 |
| − OpEx | −$63.5k | −$6.61 |
| NOI | $77.6k | $8.08 |
9,600 SF · lease $15.60/SF/yr · vacancy 5.80% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$1.11M
$969.9K – $1.29M
NOI $77,591 @ 7.0% cap · market cap 7.80%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.95M
$1.71M – $2.28M
NOI $136,824 @ 7.0% cap · market cap 13.75%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Apartment buildings
FAQs
What type of property is this?
Apartment building - Twelve renovated townhome-style units across three buildings, with updated appliances, flooring, and serviced HVAC.
Where is this apartment building located?
The property is located at 1099 W Elm St Cabot, AR.
What is the asking price?
The asking price for this property is $995,000.
What are key features of this property?
This property features: 12‑unit multifamily investment made up of 3 buildings with 4 townhome‑style units each; All units renovated with LVP flooring in bedrooms and updated appliances; Six units feature granite countertops in kitchens and baths; six units have epoxy‑finished countertops
