2505 Ridgeland Cir Pocahontas, AR 72455

The Ridgeland Townhomes, located at 2500 Ridgeland Circle in Pocahontas, Arkansas, is a 48-unit multifamily community constructed in 2017. The property features thirty-six two-bedroom, one-bath units averaging 1,486 square feet and twelve three-bedroom, three-bath units at 1,776 square feet. Each unit includes a washer/dryer, private patios, and yard access. The property benefits from strong tenant appeal, consistent historical income, and professional on-site management, with lawn care provided. The asset reports a trailing twelve-month effective gross income of $454,787 and a net operating income of $250,587, with a current expense ratio at 45% of EGI. In-place market rents average $895 per month for two-bedroom units and $1,295 for three-bedroom units. Modest capital improvements of $2,000 per unit are projected to achieve incremental premiums and post-renovation rents of up to $900 and $1,310 per month, respectively. The property is positioned within a stable local employment base and is accessible to regional services, demonstrating operational resilience in the market.