New Construction
For Sale
$679,000
1528 W Sligo St, Fayetteville, AR 72701
Two matching units feature open living areas, private laundry rooms, upgraded finishes, and dedicated parking.
Property Size2,722 SF
Price / SF$249.45
Days on Market8
Property Features for 1528 W Sligo St
General Information
Standard status
Active
Size
2,722 SF
Property subtype
Multi-Family
Units
Unit Mix
2 x 3BR/2.5BA
Multifamily Units
2
Additional Details
Highway Access
Yes
Amenities
luxury vinyl plank flooring
custom cabinets
stainless steel appliances
quartz counters
2” faux wood blinds
ceiling fans
landscaping
Building Details
Year Built
2025
Buildings
1
Listing Agency:
Lindsey & Associates Inc
Listed By:
Paige Crockett · License #EB00062543
(479) 636-2200
Source:
Thesummithometeam
Added: Sep 20
Last Checked: Sep 26 at 10:51AM
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 Lindsey & Associates Inc
Investment Insights
Based on property information with market context.
Built in 2025, this duplex contains two matching residences, each with 3 bedrooms, 2.5 baths, and 1,361 square feet. Both sides provide a large living room connected to an eat-in kitchen, a separate laundry room, luxury vinyl plank flooring, custom cabinetry, stainless steel appliances, quartz countertops, 2-inch faux wood blinds, and ceiling fans. Landscaping and private parking behind the duplex complete the property.
The property is located at 1528 W Sligo St in Fayetteville, near Razorback Road and south of Baum Stadium. Access to I-49 and the University of Arkansas is available from the property, supporting convenient connections throughout the surrounding area.
The property is located at 1528 W Sligo St in Fayetteville, near Razorback Road and south of Baum Stadium. Access to I-49 and the University of Arkansas is available from the property, supporting convenient connections throughout the surrounding area.
Key Highlights
- Two‑unit duplex with 2,722 square feet total
- Each side includes 3 bedrooms, 2.5 baths, and 1,361 square feet
- Built in 2025 with luxury vinyl plank flooring and custom cabinets
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
$24,496
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
3.61%
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%
$489,920
$489.9K
Cap Rate 7%
$349,943
$349.9K
Cap Rate 9%
$272,178
$272.2K
Market Conditions
NOI Build-Up for 2,722 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
$37.6K $13.80/SF
− Vacancy
−$2.6K −$0.94/SF
EGI
$35.0K $12.86/SF
− OpEx
−$10.5K −$3.86/SF
NOI
$24.5K $9.00/SF
Area
Washington County, AR
Vacancy
6.84%
Lease Rate
$13.80 /SF/Yr
Expense Ratio
30.00%
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%
$489,920
Cap Rate 7%
$349,943
Cap Rate 9%
$272,178
Alternative Uses
Best Use
Multifamily LT 5
$349.9K
$306.2K – $408.3K
NOI $24,496 @ 7.0% cap · market cap 3.61%
Second Best
Apartment 5plus
$309.6K
$270.9K – $361.2K
NOI $21,673 @ 7.0% cap · market cap 3.19%
Theoretical Best
Office A
$730.6K
$639.3K – $852.4K
NOI $51,144 @ 7.0% cap · market cap 7.53%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
2
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
139
Businesses Nearby
Explore this area
Business Placement
Demographics for 72701, AR
48,269
Population
20,057
Households
2.4
Avg Household Size
28
Median Age
42%
College-Educated
93%
High-School Grad
126.0 sq mi
ZIP Area
383
Density / Sq Mi
$50,413
Median Household Income
$27,305
Median Earnings
$973
Median Rent
$323,900
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
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Frequently Asked Questions
What type of property is this?
Duplex - Two matching units feature open living areas, private laundry rooms, upgraded finishes, and dedicated parking.
Where is this duplex located?
The property is located at 1528 W Sligo St Fayetteville, AR.
What is the asking price?
The asking price for this property is $679,000.
What are key features of this property?
This property features: Two‑unit duplex with 2,722 square feet total; Each side includes 3 bedrooms, 2.5 baths, and 1,361 square feet; Built in 2025 with luxury vinyl plank flooring and custom cabinets
