Six-Unit Apartment
For Sale
$495,500
14810 Highway 107, Sherwood, AR 72076
Recently improved multifamily property with a roof replacement completed within the last six months.
Property Size5,264 SF
Price / SF$94.13
Days on Market49
Property Features for 14810 Highway 107
General Information
Standard status
Active
Size
5,264 SF
Property subtype
Multi-Family
Additional Details
Multifamily Units
6
Listing Agency:
Baker Ray Realty & Consulting
(501) 681-4104
Listed By:
Michael Love
(501) 680-3429
Source:
Heilesassociatesrealtors
Added: Sep 13
Changed: Oct 25
Last Checked: Oct 30 at 1:44PM
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 Baker Ray Realty & Consulting
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This six-unit apartment property contains 5,264 square feet and has benefited from multiple recent improvements. The roof was replaced within the last six months, with additional updates completed during the current ownership period.
The property is located at 14810 Highway 107 in Sherwood, Arkansas, providing a defined address along a state highway. Its six-unit configuration and documented improvements offer a straightforward multifamily asset profile for review.
The property is located at 14810 Highway 107 in Sherwood, Arkansas, providing a defined address along a state highway. Its six-unit configuration and documented improvements offer a straightforward multifamily asset profile for review.
Key Highlights
- Six‑unit apartment property
- 5,264 square feet
- Roof replaced within the last 6 months
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$39,600
Cap Rate
7.99%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$792,000
$792.0K
Cap Rate 7%
$565,714
$565.7K
Cap Rate 9%
$440,000
$440.0K
Market Conditions
NOI Build-Up for 5,264 SF
Gross rent
$76.4K $14.52/SF
− Vacancy
−$4.4K −$0.84/SF
EGI
$72.0K $13.68/SF
− OpEx
−$32.4K −$6.16/SF
NOI
$39.6K $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 Rate 5%
$792,000
Cap Rate 7%
$565,714
Cap Rate 9%
$440,000
Alternative Uses
Best Use
Apartment 5plus
$565.7K
$495.0K – $660.0K
NOI $39,600 @ 7.0% cap · market cap 7.99%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$1.00M
$878.6K – $1.17M
NOI $70,288 @ 7.0% cap · market cap 14.19%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Lease Details
6
Residential units
Location Intelligence
Trade Area within ½ mile
13
Businesses Nearby
Explore this area
Business Placement
Demographics for 72076, AR
38,443
Population
17,780
Households
2.2
Avg Household Size
37
Median Age
22%
College-Educated
90%
High-School Grad
72.7 sq mi
ZIP Area
529
Density / Sq Mi
$53,048
Median Household Income
$36,189
Median Earnings
$917
Median Rent
$155,600
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Apartment building - Recently improved multifamily property with a roof replacement completed within the last six months.
Where is this apartment building located?
The property is located at 14810 Highway 107 Sherwood, AR.
What is the asking price?
The asking price for this property is $495,500.
What are key features of this property?
This property features: Six‑unit apartment property; 5,264 square feet; Roof replaced within the last 6 months
