Furnished Two-Unit Short-Term
For Sale
$1,059,000
1515 / 1517 Belle Royal Ct, Bentonville, AR 72712
Operating furnished rental with refreshed interiors, private outdoor space, and management already in place.
Property Size4,612 SF
Price / SF$229.62
Days on Market52
Property Features for 1515 / 1517 Belle Royal Ct
General Information
Standard status
Active
Size
4,612 SF
Property subtype
Multi-Family
Units
Unit Mix
2 x 4BR/2.5BA
Multifamily Units
2
Additional Details
Furnished
Yes
Amenities
fully fenced backyard
Building Details
Year Built
2004
Listing Agency:
Weekender Management, LLC
Listed By:
Garrett Ham
(479) 208-5267
Source:
Thesummithometeam
Added: Aug 26
Changed: Oct 11
Last Checked: Oct 16 at 12:12PM
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 Weekender Management, LLC
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Investment Insights
Based on property information with market context.
This 4612 SF short-term rental property contains two operating units, each arranged with 4 bedrooms and 2.5 bathrooms. Improvements include new flooring, granite countertops, and fresh paint, while the property conveys with appliances, furnishings, décor, and other household essentials. A fully fenced backyard adds private outdoor space for occupants.
Built in 2004, the property is located 1.8 miles from Downtown Bentonville Square. Management is currently established, and the existing management company has agreed to continue serving the property for the buyer at a discounted rate. The configuration and furnishings support continued short-term rental or executive rental use.
Built in 2004, the property is located 1.8 miles from Downtown Bentonville Square. Management is currently established, and the existing management company has agreed to continue serving the property for the buyer at a discounted rate. The configuration and furnishings support continued short-term rental or executive rental use.
Key Highlights
- 4612 SF property with 2 operating short‑term rental units
- Each of the 2 units includes 4 bedrooms and 2.5 bathrooms
- Updated with new flooring, granite countertops, and fresh paint
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$42,097
Cap Rate
3.98%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$841,940
$841.9K
Cap Rate 7%
$601,386
$601.4K
Cap Rate 9%
$467,744
$467.7K
Market Conditions
NOI Build-Up for 4,612 SF
Gross rent
$63.6K $13.80/SF
− Vacancy
−$3.5K −$0.76/SF
EGI
$60.1K $13.04/SF
− OpEx
−$18.0K −$3.91/SF
NOI
$42.1K $9.13/SF
Area
Benton County, AR
Vacancy
5.51%
Lease Rate
$13.80 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$841,940
Cap Rate 7%
$601,386
Cap Rate 9%
$467,744
Alternative Uses
Best Use
Multifamily LT 5
$601.4K
$526.2K – $701.6K
NOI $42,097 @ 7.0% cap · market cap 3.98%
Second Best
Apartment 5plus
$536.6K
$469.5K – $626.1K
NOI $37,563 @ 7.0% cap · market cap 3.55%
Theoretical Best
Office A
$1.27M
$1.11M – $1.48M
NOI $88,719 @ 7.0% cap · market cap 8.38%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
53
Businesses Nearby
Explore this area
Business Placement
Demographics for 72712, AR
38,053
Population
16,245
Households
2.3
Avg Household Size
34
Median Age
49%
College-Educated
94%
High-School Grad
51.8 sq mi
ZIP Area
735
Density / Sq Mi
$102,073
Median Household Income
$56,675
Median Earnings
$1,197
Median Rent
$401,300
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Short term rental property - Operating furnished rental with refreshed interiors, private outdoor space, and management already in place.
Where is this short term rental property located?
The property is located at 1515 / 1517 Belle Royal Ct Bentonville, AR.
What is the asking price?
The asking price for this property is $1,059,000.
What are key features of this property?
This property features: 4612 SF property with 2 operating short‑term rental units; Each of the 2 units includes 4 bedrooms and 2.5 bathrooms; Updated with new flooring, granite countertops, and fresh paint
