Two-Unit
For Sale
$350,000
1209 Carlsbad Trace 1209 & 1211, Fayetteville, AR 72704
Two separate two-bedroom layouts offer flexibility for residential occupancy or rental use.
Property Size1,763 SF
Price / SF$198.53
Days on Market32
Property Features for 1209 Carlsbad Trace 1209 & 1211
General Information
Standard status
Active
Size
1,763 SF
Property subtype
Multi-Family
Units
Unit Mix
2 x 2BR/1BA
Multifamily Units
2
Additional Details
Highway Access
Yes
Building Details
Year Built
1981
Listing Agency:
PAK Home Realty
Listed By:
Abdi Jaimes-Reyes · License #SA00074400
(479) 502-0271
Source:
Thebesthomeprice
Added: Sep 22
Changed: Oct 9
Last Checked: Oct 7 at 2:22PM
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 PAK Home Realty
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Investment Insights
Based on property information with market context.
This 1981 duplex contains two units, each arranged with two bedrooms and one bathroom. The building totals 1,763 square feet and is located at 1209 Carlsbad Trace, with the property address also identifying 1209 and 1211.
The Fayetteville property is near I-49, Wedington, the University of Arkansas, shopping, dining, parks, and trails.
The Fayetteville property is near I-49, Wedington, the University of Arkansas, shopping, dining, parks, and trails.
Key Highlights
- Two units, each with 2 bedrooms and 1 bathroom
- 1,763 square feet of building area
- Built in 1981
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$15,866
Cap Rate
4.53%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$317,320
$317.3K
Cap Rate 7%
$226,657
$226.7K
Cap Rate 9%
$176,289
$176.3K
Market Conditions
NOI Build-Up for 1,763 SF
Gross rent
$24.3K $13.80/SF
− Vacancy
−$1.7K −$0.94/SF
EGI
$22.7K $12.86/SF
− OpEx
−$6.8K −$3.86/SF
NOI
$15.9K $9.00/SF
Area
Washington County, AR
Vacancy
6.84%
Lease Rate
$13.80 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$317,320
Cap Rate 7%
$226,657
Cap Rate 9%
$176,289
Alternative Uses
Best Use
Multifamily LT 5
$226.7K
$198.3K – $264.4K
NOI $15,866 @ 7.0% cap · market cap 4.53%
Second Best
Apartment 5plus
$200.5K
$175.5K – $234.0K
NOI $14,037 @ 7.0% cap · market cap 4.01%
Theoretical Best
Office A
$473.2K
$414.1K – $552.1K
NOI $33,125 @ 7.0% cap · market cap 9.46%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Open Analytics
Lease Details
2
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
150
Businesses Nearby
Explore this area
Business Placement
Demographics for 72704, AR
31,145
Population
14,098
Households
2.2
Avg Household Size
31
Median Age
55%
College-Educated
96%
High-School Grad
77.0 sq mi
ZIP Area
404
Density / Sq Mi
$88,991
Median Household Income
$51,341
Median Earnings
$1,163
Median Rent
$301,600
Median Home Value
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Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Duplex - Two separate two-bedroom layouts offer flexibility for residential occupancy or rental use.
Where is this duplex located?
The property is located at 1209 Carlsbad Trace 1209 & 1211 Fayetteville, AR.
What is the asking price?
The asking price for this property is $350,000.
What are key features of this property?
This property features: Two units, each with 2 bedrooms and 1 bathroom; 1,763 square feet of building area; Built in 1981
