Pocahontas Multifamily Investment
For Sale
Contact for pricing
Pending
2505 Ridgeland Cir, Pocahontas, AR 72455
48-unit multifamily community built in 2017 with income upside.
Property SizeContact for details
Days on Market386
Property Features for 2505 Ridgeland Cir
General Information
Standard status
Pending
Class
A
Property subtype
Multifamily
Investment Type
Stabilized
Building Details
Year Built
2017
Units
48
Listing Agency:
SVN | OAK Realty Advisors
Listed By:
Zac Smithson · License #sa00071597
Source:
Crexi
Added: Jul 31, 2025
Changed: Aug 10
Last Checked: Aug 18 at 11:58PM
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 SVN | OAK Realty Advisors
Investment Insights
Based on property information with market context.
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.
Key Highlights
- Strong income and net operating income ($454,787 and $250,587 respectively) with a pro forma cap rate of 7.39%.
- Built in 2017, offering relatively new construction and modern amenities.
- Mix of spacious two and three‑bedroom units with washer/dryer, private patios, and yard access.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
4
Businesses Nearby
Explore this area
Business Placement
Demographics for 72455, AR
13,328
Population
5,858
Households
2.3
Avg Household Size
40
Median Age
15%
College-Educated
88%
High-School Grad
253.2 sq mi
ZIP Area
53
Density / Sq Mi
$52,640
Median Household Income
$33,155
Median Earnings
$690
Median Rent
$128,800
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Apartment building - 48-unit multifamily community built in 2017 with income upside.
Where is this apartment building located?
The property is located at 2505 Ridgeland Cir Pocahontas, AR.
What is the asking price?
The asking price for this property is $4,900,000.
What are key features of this property?
This property features: Strong income and net operating income ($454,787 and $250,587 respectively) with a pro forma cap rate of 7.39%.; Built in 2017, offering relatively new construction and modern amenities.; Mix of spacious two and three‑bedroom units with washer/dryer, private patios, and yard access.
