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Sherwood Multi-Family Investment Opportunity
For Sale
Under Contract
$95,000

14 Compass Point St, Sherwood, AR 72120

MULTI_FAMILY - Sherwood, AR

Property Size1,040 SF
Lot Size0.21 Acres
Price / SF$91.35
Days on Market94

Property Features for 14 Compass Point St

General Information

Property type Residential Multi Family
Property subtype Other
Parking features Carport
Appliances Free-Standing Stove, Electric Range, Dishwasher, Free-Standing Stove, Electric Range, Dishwasher
Subdivision Bamboo Village
Lot features Level
Directions Bamboo Ln to Compass Point
Standard status Active Under Contract
APN 22R-018-73-033-00
Size 1,040 SF
Lot size 0.21 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description Lot 33
Tax Annual Amount 722
Legal Description Lot 33

Building Details

Year built 1972
Floors in Building 1
Number of units 1
Flooring type Carpet - Partial, Laminate
Roof type Composition
Architectural style Other
Listing Agency: RE/MAX Homefinders
Listed By: Daniel Gray · License #PB00050346
Added: May 11 Changed: Aug 2 Last Checked: Aug 12 at 9:06PM
MLS# 26018964

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 multi-family property, located in Sherwood, AR, is being offered for sale individually or as part of a package that includes three other addresses. The property features a 3-bedroom, 1-bathroom unit that is currently rented for $895.00 per month. The lot size is 0.21 acres, and the property size is 1,040 square feet. Additional properties included in the package are located at 201 Natalie (MLS#26016422), 41 Compass Pt. (#26018965), and 200 Wright (#26018966).

Key Highlights

  • 3BD/1BA rental unit currently rented for $895/month
  • Carport parking included
  • Roof type: composition

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
$7,824
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
8.24%
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%
$156,480 $156.5K
Cap Rate 7%
$111,771 $111.8K
Cap Rate 9%
$86,933 $86.9K
Market Conditions
NOI Build-Up for 1,040 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
$15.1K $14.52/SF
− Vacancy
−$876 −$0.84/SF
EGI
$14.2K $13.68/SF
− OpEx
−$6.4K −$6.16/SF
NOI
$7.8K $7.52/SF
Area
Pulaski County, AR
Vacancy
5.80%
Lease Rate
$14.52 /SF/Yr
Expense Ratio
45.00%
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%
$156,480
Cap Rate 7%
$111,771
Cap Rate 9%
$86,933

Alternative Uses

Best Use
Apartment 5plus
$111.8K
$97.8K – $130.4K (±1% cap)
NOI $7,824 @ 7.0% cap · market cap 8.24%
Second Best
no second resolved use
Theoretical Best
Specialty Retail
$198.4K
$173.6K – $231.5K (±1% cap)
NOI $13,887 @ 7.0% cap · market cap 14.62%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Single family properties

Suggested Use

Top Pick Hair Salon Kitchen & Bath Showroom Plumbing Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

100%
Occupancy

Location Intelligence

Trade Area within ½ mile

18
Businesses Nearby

Demographics for 72120, AR

34,784
Population
15,216
Households
2.3
Avg Household Size
41
Median Age
35%
College-Educated
95%
High-School Grad
54.2 sq mi
ZIP Area
642
Density / Sq Mi
$75,853
Median Household Income
$48,453
Median Earnings
$1,026
Median Rent
$189,400
Median Home Value
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Single family property - Multi-family property in Sherwood, AR, generating rental income.
Where is this single family property located?
The property is located at 14 Compass Point St Sherwood, AR.
What is the asking price?
The asking price for this property is $95,000.
What are key features of this property?
This property features: 3BD/1BA rental unit currently rented for $895/month; Carport parking included; Roof type: composition
More about this property
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