Building Details

Year Built 1999

Listing Agency: Pinnacle Realty Advisors

Listed By: Amber Wood Show Phone

Source: Midsouthar

Added: Oct 9 Changed: Oct 10 Last Checked: Oct 10 at 2:21AM

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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 Pinnacle Realty Advisors

Investment Insights

Based on property information with market context.

This 2,646-square-foot quadplex, built in 1999, contains four occupied residences: two with four bedrooms and two with three. The units have separate utility meters, and tenants are responsible for their utilities. Four storage spaces provide an additional property feature.

Improvements include newer roofs and hot water heaters, appliances, window units, and minor interior cosmetic updates.

Key Highlights

• Four occupied units: two 4‑bedroom residences and two 3‑bedroom residences
• 2,646 square feet; built in 1999
• Four storage spaces

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr

$14,801

Cap Rate

5.11%

Suggested Prices Based on Cap Rates

Cap Rate 5%

$296,020 $296.0K

Cap Rate 7%

$211,443 $211.4K

Cap Rate 9%

$164,456 $164.5K

Market Conditions

NOI Build-Up for 2,646 SF

Gross rent

$23.8K $9.00/SF

− Vacancy

−$2.7K −$1.01/SF

EGI

$21.1K $7.99/SF

− OpEx

−$6.3K −$2.40/SF

NOI

$14.8K $5.59/SF

Area

Crittenden County, AR

Vacancy

11.21%

Lease Rate

$9.00 /SF/Yr

Expense Ratio

30.00%

Simulate Cap Rate and NOI

Suggested Prices Based on Cap Rates

Cap Rate 5%

$296,020

Cap Rate 7%

$211,443

Cap Rate 9%

$164,456

Alternative Uses

Best Use

Multifamily LT 5

$211.4K

$185.0K – $246.7K (±1% cap)

NOI $14,801 @ 7.0% cap · market cap 5.11%

Second Best

Apartment 5plus

$193.6K

$169.4K – $225.9K (±1% cap)

NOI $13,555 @ 7.0% cap · market cap 4.68%

Theoretical Best

Office A

$483.9K

$423.4K – $564.6K (±1% cap)

NOI $33,873 @ 7.0% cap · market cap 11.68%

Zoning and permitted uses should be independently verified with authorities.

Property Analytics

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Current Use

Quadplexes

Suggested Use

Top Pick Dental Office Building Supply Hair Salon Plumbing Service Auto Parts Store Pharmacy

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

4

Residential units

100%

Occupancy

Location Intelligence

Trade Area within ½ mile

91

Businesses Nearby

Explore this area Business Placement

Demographics for 72331, AR

2,409

Population

1,175

Households

2.1

Avg Household Size

40

Median Age

11%

College-Educated

71%

High-School Grad

149.3 sq mi

ZIP Area

16

Density / Sq Mi

$42,917

Median Household Income

$26,607

Median Earnings

$605

Median Rent

$72,500

Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022

10.2% 2023

11.4% 2024

11.3% 2025

Questions? Ask Rey

Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

What type of property is this? Where is this quadplexes located? What is the asking price? Find similar properties What are key features of this property?

Frequently Asked Questions

What type of property is this?

Quadplex - All four residences are occupied, separately metered, and complemented by four storage spaces.

Where is this quadplex located?

The property is located at 205 Lincoln St Earle, AR.

What is the asking price?

The asking price for this property is $289,900.

What are key features of this property?

This property features: Four occupied units: two 4‑bedroom residences and two 3‑bedroom residences; 2,646 square feet; built in 1999; Four storage spaces