Quadplex With Mixed Unit
For Sale
$330,000
2200 M St, Fort Smith, AR 72901
Four-unit residential property offering a combination of one- and two-bedroom floor plans in Fort Smith.
Property Size2,936 SF
Price / SF$112.40
Days on Market94
Property Features for 2200 M St
General Information
Standard status
Active
Size
2,936 SF
Property subtype
Multi-Family
Units
Unit Mix
2 x 1BR, 2 x 2BR
Multifamily Units
4
Building Details
Year Built
1970
Listing Agency:
Exit Realty Harper Carlton Group
Listed By:
The Cordova Team
(479) 372-6246
Source:
Thebesthomeprice
Added: Jul 16
Changed: Oct 2
Last Checked: Oct 7 at 12:53PM
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 Exit Realty Harper Carlton Group
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Investment Insights
Based on property information with market context.
Built in 1970, this quadplex contains 2,936 square feet across four residential units. The configuration includes two one-bedroom apartments and two two-bedroom apartments, providing a mix of floor plans within one property.
The property is located at 2200 M St in Fort Smith, within the River Valley area. Shopping, dining, parks, and entertainment are identified nearby, giving residents access to a range of everyday amenities and recreational destinations.
The property is located at 2200 M St in Fort Smith, within the River Valley area. Shopping, dining, parks, and entertainment are identified nearby, giving residents access to a range of everyday amenities and recreational destinations.
Key Highlights
- Four‑unit quadplex configuration
- Two 1‑bedroom units and two 2‑bedroom units
- 2,936 square feet of property size
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$19,470
Cap Rate
5.90%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$389,400
$389.4K
Cap Rate 7%
$278,143
$278.1K
Cap Rate 9%
$216,333
$216.3K
Market Conditions
NOI Build-Up for 2,936 SF
Gross rent
$29.9K $10.20/SF
− Vacancy
−$2.1K −$0.73/SF
EGI
$27.8K $9.47/SF
− OpEx
−$8.3K −$2.84/SF
NOI
$19.5K $6.63/SF
Area
Sebastian County, AR
Vacancy
7.12%
Lease Rate
$10.20 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$389,400
Cap Rate 7%
$278,143
Cap Rate 9%
$216,333
Alternative Uses
Best Use
Multifamily LT 5
$278.1K
$243.4K – $324.5K
NOI $19,470 @ 7.0% cap · market cap 5.90%
Second Best
Apartment 5plus
$248.4K
$217.3K – $289.8K
NOI $17,387 @ 7.0% cap · market cap 5.27%
Theoretical Best
Healthcare Medical
$624.7K
$546.6K – $728.8K
NOI $43,726 @ 7.0% cap · market cap 13.25%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Lease Details
4
Residential units
Location Intelligence
Trade Area within ½ mile
392
Businesses Nearby
Explore this area
Business Placement
Demographics for 72901, AR
20,973
Population
10,337
Households
2
Avg Household Size
37
Median Age
21%
College-Educated
81%
High-School Grad
8.7 sq mi
ZIP Area
2,411
Density / Sq Mi
$42,568
Median Household Income
$30,582
Median Earnings
$837
Median Rent
$113,200
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?
Quadplex - Four-unit residential property offering a combination of one- and two-bedroom floor plans in Fort Smith.
Where is this quadplex located?
The property is located at 2200 M St Fort Smith, AR.
What is the asking price?
The asking price for this property is $330,000.
What are key features of this property?
This property features: Four‑unit quadplex configuration; Two 1‑bedroom units and two 2‑bedroom units; 2,936 square feet of property size
