2150 Congo Road, Benton, AR 72015
Mixed-use property combines commercial suites with one-bedroom apartments in a newly built configuration.
Property Features for 2150 Congo Road
General Information
Units
Building Details
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Investment Insights
Based on property information with market context.
Located at 2150 Congo Road in Benton, Arkansas, the asset offers a single-property format for commercial space and apartment units. Its multi-suite layout provides distinct areas for the commercial occupants while maintaining separate residential accommodations within the building.
Key Highlights
- 12,000 square feet of mixed‑use building area
- Three commercial spaces with potential for a fourth
- Four one‑bedroom apartments
Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- 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.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $200.2k | $16.68 |
| − Vacancy | −$12.2k | −$1.02 |
| EGI | $188.0k | $15.66 |
| − OpEx | −$56.4k | −$4.70 |
| NOI | $131.6k | $10.96 |
Alternative Uses
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Current Use
Lease Details
Location Intelligence
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Demographics for 72015, AR
Market
Vacancy Rate% for Multifamily in South region