8-Unit Remodeled Apartment
For Sale
$1,310,000
2765 #1-4 & 2731-2737 N Valencia Avenue, Fayetteville, AR 72703
Seven residences are leased, with appliances and laundry equipment included in each unit.
Property Size7,296 SF
Price / SF$179.55
Days on Market107
Property Features for 2765 #1-4 & 2731-2737 N Valencia Avenue
General Information
Standard status
Active
Size
7,296 SF
Property subtype
Multi Family Home
Units
Unit Mix
8 x 2BR/1.5BA
Multifamily Units
8
Taxes and HOA fees
Annual Taxes
$6,504
Amenities
Ceiling Fan(s)
Granite Counters
Other
Pantry
Walk-In Closet(s)
Window Treatments
Concrete Driveway
Building Details
Building Size
7,296 SF
Year Built
1984
Buildings
2
Stories
2
Units
8
Listing Agency:
Keller Williams Market Pro Realty
(479) 718-2800
Listed By:
Jody Cohen · License #SA00070744
(479) 871-3573
Source:
Cappyharrisrealtors
Added: Jul 9
Changed: Oct 22
Last Checked: Oct 22 at 2:31PM
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 Keller Williams Market Pro Realty
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Investment Insights
Based on property information with market context.
Two four-unit apartment buildings contain eight two-bedroom, 1.5-bath units across 7,296 square feet. Built in 1984, the property has undergone remodeling, with work that includes roof, HVAC, flooring, paint, cabinetry, countertops, lighting and plumbing fixture updates. Kitchens have updated appliances, including refrigerators, and washers and dryers convey. Seven of the eight units are leased.
The property is on N Valencia Avenue in Fayetteville, 3.3 miles from the University of Arkansas. Schools, grocery stores, restaurants, shopping and trails are among the nearby amenities, with access to both uptown and downtown Fayetteville.
The property is on N Valencia Avenue in Fayetteville, 3.3 miles from the University of Arkansas. Schools, grocery stores, restaurants, shopping and trails are among the nearby amenities, with access to both uptown and downtown Fayetteville.
Key Highlights
- Two four‑unit buildings with eight 2‑bedroom, 1.5‑bath units
- 7,296 square feet; built in 1984
- Seven of eight units currently leased
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$58,093
Cap Rate
4.43%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,161,860
$1.2M
Cap Rate 7%
$829,900
$829.9K
Cap Rate 9%
$645,478
$645.5K
Market Conditions
NOI Build-Up for 7,296 SF
Gross rent
$113.8K $15.60/SF
− Vacancy
−$8.2K −$1.12/SF
EGI
$105.6K $14.48/SF
− OpEx
−$47.5K −$6.51/SF
NOI
$58.1K $7.96/SF
Area
Washington County, AR
Vacancy
7.20%
Lease Rate
$15.60 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,161,860
Cap Rate 7%
$829,900
Cap Rate 9%
$645,478
Alternative Uses
Best Use
Apartment 5plus
$829.9K
$726.2K – $968.2K
NOI $58,093 @ 7.0% cap · market cap 4.43%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.96M
$1.71M – $2.28M
NOI $137,085 @ 7.0% cap · market cap 10.46%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
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Lease Details
8
Residential units
Location Intelligence
Trade Area within ½ mile
1,371
Businesses Nearby
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Business Placement
Demographics for 72703, AR
33,767
Population
17,202
Households
2
Avg Household Size
33
Median Age
49%
College-Educated
96%
High-School Grad
40.2 sq mi
ZIP Area
840
Density / Sq Mi
$60,232
Median Household Income
$39,190
Median Earnings
$958
Median Rent
$341,700
Median Home Value
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Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Apartment building - Seven residences are leased, with appliances and laundry equipment included in each unit.
Where is this apartment building located?
The property is located at 2765 #1-4 & 2731-2737 N Valencia Avenue Fayetteville, AR.
What is the asking price?
The asking price for this property is $1,310,000.
What are key features of this property?
This property features: Two four‑unit buildings with eight 2‑bedroom, 1.5‑bath units; 7,296 square feet; built in 1984; Seven of eight units currently leased
