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28-Unit Townhome Community

15 Powhatan Drive, Sherwood, AR 72120

For Sale
New
$2,300,000

Multi-Family, Townhouse, Sherwood, AR

Property Size30,016 SF
Lot Size1.70 Acres
Price / SF$76.63
Days on Market4

Property Features for 15 Powhatan Drive

General Information

Property type Residential Multi Family
Property subtype Apartment
Appliances Dishwasher, Free-Standing Stove, Refrigerator-Stays, Dishwasher, Free-Standing Stove, Refrigerator-Stays
Subdivision Nichols
Lot features Level
Directions The apartments are located at 15 Powhatan Drive Sherwood, AR.
Standard status Active
Size 30,016 SF
Lot size 1.70 Acres

Additional Details

Tenant in Place Yes

Taxes and HOA fees

Tax Description Provided by title company.
Tax Annual Amount 20865
Legal Description Provided by title company.

Building Details

Year built 1975
Floors in Building 2
Number of units 28
Flooring type Vinyl, Carpet - Partial
Roof type Shingle
Architectural style Other
Listing Agency: Brick Real Estate
Listed By: Benton Glass
Added: Nov 9 Changed: Nov 10 Last Checked: Nov 12 at 6:06AM
MLS# 26045007

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.

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Investment Insights

Based on property information with market context.

Powhatan Apartments is a 28-unit townhome community at 15 Powhatan Drive in Sherwood. Built in 1975, the property occupies 1.7 acres and contains 30,016 square feet. Interior finishes include vinyl flooring and partial carpeting, with shingle roofing. Units are equipped with free-standing stoves, dishwashers, and refrigerators that remain with the property.

Key Highlights

  • 28‑unit townhome community
  • 30,016 square feet on a 1.7‑acre site
  • Built in 1975

Property Analytics

Who owns this building? See the owner, sales and loan history
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Lease Details

28
Residential units

Location Intelligence

Trade Area within ½ mile

370
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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Average Price Trend$/SF for Apartment buildings in Pulaski County, AR

$149 Jul
$136 Aug
$133 Sep
$133 Oct

Properties on Market for Apartment buildings in Pulaski County

Jul
Aug
Sep
Oct

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025

Frequently Asked Questions

What type of property is this?
Apartment building - The Sherwood multifamily property includes residences with stoves, dishwashers, and refrigerators.
Where is this apartment building located?
The property is located at 15 Powhatan Drive Sherwood, AR.
What is the asking price?
The asking price for this property is $2,300,000.
What are key features of this property?
This property features: 28‑unit townhome community; 30,016 square feet on a 1.7‑acre site; Built in 1975
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