2449 & 2451 Brophy Circle, Fayetteville, AR 72703
Well-maintained duplex featuring remodeled units in a desirable location.
- Added:
- Apr 1, 2024
- Days on Market:
- 827
- Last Refresh:
- May 20 at 12:52 am
Property Features for 2449 & 2451 Brophy Circle
General Information
- Standard status
- Active
- Size
- 3,360 SF
- Lot size
- 0.20 Acres
- Property subtype
- Multi Family
Building Details
- Year Built
- 2003
Listing office Arkansas Heritage Realty (479) 521-2252
Listing date Apr 1, 2024
Source Exitrealty
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HighLights
- Well‑maintained duplex.
- Each unit features 3 bedrooms and 2 bathrooms.
- Remodeled units showcase new cabinets, flooring, paint, trim, and doors.
- Built in 2003.
- Great location.
- Units are currently occupied.
Overview
Local Financial Insights For Multifamily LT 5
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 | $46.4k | $13.80 |
| − Vacancy | −$3.2k | −$0.94 |
| EGI | $43.2k | $12.86 |
| − OpEx | −$13.0k | −$3.86 |
| NOI | $30.2k | $9.00 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Fayetteville
- County
- Washington
- State
- Arkansas
- Longitude
- -94.15
- Latitude
- 36.0959