Brick Triplex With Private
For Sale
$539,900
1270 -1274 Trinity Dr, Fayetteville, AR 72704
Three 2-bedroom, 2-bath units include dedicated parking, enclosed patios, and washer-dryer appliances.
Property Size3,174 SF
Price / SF$170.10
Days on Market13
Property Features for 1270 -1274 Trinity Dr
General Information
Standard status
Active
Size
3,174 SF
Property subtype
Multi-Family
Site & Location
Highway Access
Yes
Road Access
Yes
Units
Unit Mix
3 x 2BR/2BA
Multifamily Units
3
Parking per Unit
2
Amenities
private patios
refrigerator
washer and dryer
Building Details
Year Built
2005
Buildings
1
Construction
steel frame
Listing Agency:
Collier & Associates
(501) 230-5290
Listed By:
Phillip Shepard · License #SA00089829
Source:
Thebesthomeprice
Added: Aug 17
Changed: Aug 28
Last Checked: Aug 28 at 12:45PM
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 Collier & Associates
Investment Insights
Based on property information with market context.
Built in 2005, this 3,174 SF triplex contains three residences, each configured with 2 bedrooms and 2 bathrooms. The primary bedrooms include attached full baths and walk-in closets. All units feature brick exteriors, steel-frame construction, spray foam insulation, refrigerators, and washers and dryers. Recent improvements include new HVAC systems, with a new AC unit installed in one residence. Each unit also has two dedicated parking spaces and a rear patio enclosed by privacy fencing.
The property is located at 1270–1274 Trinity Dr on a private street just off I-49, approximately 3 miles from the University of Arkansas. Dining, shopping, and entertainment are described as minutes away. The property is offered as-is.
The property is located at 1270–1274 Trinity Dr on a private street just off I-49, approximately 3 miles from the University of Arkansas. Dining, shopping, and entertainment are described as minutes away. The property is offered as-is.
Key Highlights
- 3,174 SF triplex built in 2005
- Three units, each with 2 bedrooms and 2 bathrooms
- Each unit includes two dedicated parking spaces
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
$28,564
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
5.29%
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%
$571,280
$571.3K
Cap Rate 7%
$408,057
$408.1K
Cap Rate 9%
$317,378
$317.4K
Market Conditions
NOI Build-Up for 3,174 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
$43.8K $13.80/SF
− Vacancy
−$3.0K −$0.94/SF
EGI
$40.8K $12.86/SF
− OpEx
−$12.2K −$3.86/SF
NOI
$28.6K $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 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%
$571,280
Cap Rate 7%
$408,057
Cap Rate 9%
$317,378
Alternative Uses
Best Use
Multifamily LT 5
$408.1K
$357.1K – $476.1K
NOI $28,564 @ 7.0% cap · market cap 5.29%
Second Best
Apartment 5plus
$361.0K
$315.9K – $421.2K
NOI $25,272 @ 7.0% cap · market cap 4.68%
Theoretical Best
Office A
$852.0K
$745.5K – $994.0K
NOI $59,637 @ 7.0% cap · market cap 11.05%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
3
Residential units
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
141
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
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Triplex - Three 2-bedroom, 2-bath units include dedicated parking, enclosed patios, and washer-dryer appliances.
Where is this triplex located?
The property is located at 1270 -1274 Trinity Dr Fayetteville, AR.
What is the asking price?
The asking price for this property is $539,900.
What are key features of this property?
This property features: 3,174 SF triplex built in 2005; Three units, each with 2 bedrooms and 2 bathrooms; Each unit includes two dedicated parking spaces
