Brick Duplex with Two
For Sale
$375,000
1102 Springhill Road, Barling, AR 72923
Brick duplex features two-car garages, covered entryways, fenced backyards, and interior 3-bedroom, 2-bath units.
Property Size2,726 SF
Price / SF$137.56
Days on Market277
Property Features for 1102 Springhill Road
General Information
Standard status
Active
Size
2,726 SF
Property subtype
Duplex
Site & Location
Highway Access
Yes
Fenced Yard
Yes
Taxes and HOA fees
Annual Taxes
$2,678
Amenities
Central Air, Electric
Plumbed
3
Ceramic Tile, Laminate, Carpet
Electric Dryer, Electric Appliances, Dishwasher, Disposal, Microwave, Range, Refrigerator
Washer Hook Ups, Walk-in Closets, Window Blinds
Alarm -Smoke/Fire
Shingle, Composition Shingle
Brick Wall, Partial, Privacy Fence, Wood
Fenced Yard.
Garage, 2 Carports.
Brick, Vinyl
Level
.
Playground, Park. Paved Road, Level.
Building Details
Year Built
2016
Stories
1
Listing Agency:
The Heritage Group Real Estate Co.-Van Buren
(479) 806-5955
Listed By:
The Cluck Graham Team · License #SA00078901
(479) 629-2440
Source:
Xome
Added: Dec 3, 2025
Changed: Sep 1
Last Checked: Sep 5 at 4:49AM
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 Heritage Group Real Estate Co.-Van Buren
Investment Insights
Based on property information with market context.
This well-kept brick duplex offers two mirrored residential units. Each unit includes a two-car garage and a covered entryway, along with a fenced backyard. Interior features noted in the listing include 3 bedrooms and 2 bathrooms per unit, granite countertops in the kitchen area, and wood-look laminate flooring. The listing also states that a refrigerator is provided along with other appliances, and that the master suite includes tray ceilings and a walk-in closet.
The property is described as being in a convenient Barling location close to a city park, medical college, interstate access, schools, and shopping.
The listing is offered for sale as a duplex investment opportunity, with the units described as staying rented.
The property is described as being in a convenient Barling location close to a city park, medical college, interstate access, schools, and shopping.
The listing is offered for sale as a duplex investment opportunity, with the units described as staying rented.
Key Highlights
- 2016‑built brick duplex with interior 3‑bedroom, 2‑bath units
- Each unit includes a 2‑car garage and a covered entryway
- Fenced yards with level lot and paved road access; community maintenance provided
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$18,078
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
4.82%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$361,560
$361.6K
Cap Rate 7%
$258,257
$258.3K
Cap Rate 9%
$200,867
$200.9K
Market Conditions
NOI Build-Up for 2,726 SF
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.
Gross rent
$27.8K $10.20/SF
− Vacancy
−$2.0K −$0.73/SF
EGI
$25.8K $9.47/SF
− OpEx
−$7.7K −$2.84/SF
NOI
$18.1K $6.63/SF
Area
Sebastian County, AR
Vacancy
7.12%
Lease Rate
$10.20 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$361,560
Cap Rate 7%
$258,257
Cap Rate 9%
$200,867
Alternative Uses
Best Use
Multifamily LT 5
$258.3K
$226.0K – $301.3K
NOI $18,078 @ 7.0% cap · market cap 4.82%
Second Best
Apartment 5plus
$230.6K
$201.8K – $269.1K
NOI $16,143 @ 7.0% cap · market cap 4.30%
Theoretical Best
Healthcare Medical
$580.0K
$507.5K – $676.7K
NOI $40,599 @ 7.0% cap · market cap 10.83%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Fenced yard
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
143
Businesses Nearby
Explore this area
Business Placement
Demographics for 72923, AR
4,811
Population
2,608
Households
1.8
Avg Household Size
38
Median Age
21%
College-Educated
88%
High-School Grad
16.4 sq mi
ZIP Area
293
Density / Sq Mi
$52,210
Median Household Income
$36,122
Median Earnings
$893
Median Rent
$125,600
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Duplex - Brick duplex features two-car garages, covered entryways, fenced backyards, and interior 3-bedroom, 2-bath units.
Where is this duplex located?
The property is located at 1102 Springhill Road Barling, AR.
What is the asking price?
The asking price for this property is $375,000.
What are key features of this property?
This property features: 2016‑built brick duplex with interior 3‑bedroom, 2‑bath units; Each unit includes a 2‑car garage and a covered entryway; Fenced yards with level lot and paved road access; community maintenance provided
