Three-Home Multifamily
For Sale
$342,000
14130 Dollarway Rd., White Hall, AR 71602
Multiple residences are paired with ancillary storage and a storm shelter on one property.
Property Size5,064 SF
Price / SF$67.54
Days on Market34
Property Features for 14130 Dollarway Rd.
General Information
Standard status
Active
Size
5,064 SF
Property subtype
Multi-Family
Building Details
Year Built
2012
Listing Agency:
Lunsford & Associates Realty Co.
(870) 329-5773
Listed By:
Aaron Brown
Source:
Themoverealty
Added: Jul 28
Changed: Aug 29
Last Checked: Aug 25 at 5:42AM
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 Lunsford & Associates Realty Co.
Investment Insights
Based on property information with market context.
This multifamily property includes three separate three-bedroom, two-bath residences totaling 5,064 square feet. The homes measure 1,848, 1,680, and 1,536 square feet, with construction dates of 2005, 1996, and 2014, respectively. Two residences feature wood-burning fireplaces, while the 2014 home is handicap accessible.
Additional improvements include a 38x50 storage building wired for both 110v and 220v service, along with a storm shelter. A fourth structure at 14132 measures 1,176 square feet and was built in 1971; the source identifies it as a possible rehabilitation candidate. The property encompasses 4.99 acres at 14130 Dollarway Rd. in White Hall, Arkansas, just outside town.
Additional improvements include a 38x50 storage building wired for both 110v and 220v service, along with a storm shelter. A fourth structure at 14132 measures 1,176 square feet and was built in 1971; the source identifies it as a possible rehabilitation candidate. The property encompasses 4.99 acres at 14130 Dollarway Rd. in White Hall, Arkansas, just outside town.
Key Highlights
- Three 3 Bedroom/2 Bath residences totaling 5,064 sqft
- Home sizes are 1,848 sqft, 1,680 sqft, and 1,536 sqft
- Built in 2005, 1996, and 2014; two homes include wood‑burning fireplaces
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
$30,147
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
8.81%
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%
$602,940
$602.9K
Cap Rate 7%
$430,671
$430.7K
Cap Rate 9%
$334,967
$335.0K
Market Conditions
NOI Build-Up for 5,064 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
$60.8K $12.00/SF
− Vacancy
−$6.0K −$1.18/SF
EGI
$54.8K $10.82/SF
− OpEx
−$24.7K −$4.87/SF
NOI
$30.1K $5.95/SF
Area
Jefferson County, AR
Vacancy
9.80%
Lease Rate
$12.00 /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%
$602,940
Cap Rate 7%
$430,671
Cap Rate 9%
$334,967
Alternative Uses
Best Use
Apartment 5plus
$430.7K
$376.8K – $502.5K
NOI $30,147 @ 7.0% cap · market cap 8.81%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.30M
$1.14M – $1.51M
NOI $90,883 @ 7.0% cap · market cap 26.57%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
25
Businesses Nearby
Explore this area
Business Placement
Demographics for 71602, AR
16,112
Population
7,489
Households
2.2
Avg Household Size
41
Median Age
23%
College-Educated
89%
High-School Grad
131.0 sq mi
ZIP Area
123
Density / Sq Mi
$54,936
Median Household Income
$35,644
Median Earnings
$900
Median Rent
$135,800
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?
Multifamily property - Multiple residences are paired with ancillary storage and a storm shelter on one property.
Where is this multifamily property located?
The property is located at 14130 Dollarway Rd. White Hall, AR.
What is the asking price?
The asking price for this property is $342,000.
What are key features of this property?
This property features: Three 3 Bedroom/2 Bath residences totaling 5,064 sqft; Home sizes are 1,848 sqft, 1,680 sqft, and 1,536 sqft; Built in 2005, 1996, and 2014; two homes include wood‑burning fireplaces
