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    Six-Unit Apartment Building Title is generated by Realmo AI

    301 SE 5th Street, England, AR 72046

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    For Sale
    $275,000

    MULTI_FAMILY - England, AR

    Type:Apartment
    Property size:
    2,880 SF
    Lot size:
    0.48 Acres
    Price / SF:
    $95/SF
    Added:
    Jun 1, 2026
    Days on Market:
    18
    Last Refresh:
    Jun 18 at 1:06 am

    Property Features for 301 SE 5th Street

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Apartment
    Interior features
    Washer/Dryer-Comm. Out
    Standard status
    Active
    Size
    2,880 SF
    Lot size
    0.48 Acres

    Taxes and HOA fees

    Tax Description
    Lots 4-6 Block 72
    Tax Annual Amount
    1450

    Building Details

    Year built
    1975
    Floors in Building
    1
    Number of units
    6
    Flooring type
    Carpet - Full, Vinyl
    Roof type
    Composition
    Architectural style
    Ranch

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    Listing Contact
    Pam Foster

    Listing agent Pam Foster

    Listing office Foster Real Estate Services, Inc. 200 Stuttgart Hwy, England, AR

    Listing date Jun 1, 2026

    MLS# 26023712 Listing URL

    Copyright © 2026 Cooperative Arkansas Realtors Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • Ranch‑style property built in 1975 with a composition roof
    • 6‑unit multi‑unit building with 1- and 2‑bedroom units
    • Washer/dryer included (Washer/Dryer‑Comm. Out)
    • Full carpet and vinyl flooring
    • Reported as well maintained and currently staying rented

    Overview

    This for-sale multifamily property is a six-unit apartment building totaling 2,880 square feet. The units are a mix of one- and two-bedroom floor plans, and the property is described as well maintained. The existing configuration supports straightforward resident variety across the building.

    The property is located at 301 SE 5th Street in England, Arkansas 72046, in Lonoke County. The lot size is listed at 0.48 acres. Access and surrounding context are not further detailed in the provided materials.

    For investors or owner-operators seeking a small residential income asset, this property offers a compact six-unit structure with diversified unit types. The listing remarks indicate the building is staying rented, which may be relevant for buyers evaluating current operating continuity. No additional information is provided regarding unit finishes, amenities, or expenses, so prospective buyers should confirm specifics during due diligence.

    Local Financial Insights For Apartment 5plus

    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 $44.9k $15.60
    − Vacancy −$2.6k −$0.90
    EGI $42.3k $14.70
    − OpEx −$19.0k −$6.61
    NOI $23.3k $8.08
    2,880 SF · lease $15.60/SF/yr · vacancy 5.80% · expense 45.00%

    Alternative Uses

    Best Use
    Apartment 5plus
    $332.5K
    $291.0K – $388.0K (±1% cap)
    NOI $23,277 @ 7.0% cap · market cap 8.46%
    Second Best
    —
    —
    no second resolved use
    Theoretical Best
    Office A
    $586.4K
    $513.1K – $684.1K (±1% cap)
    NOI $41,047 @ 7.0% cap · market cap 14.93%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Apartment buildings

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Hair Salon Nail Salon Building Supply Gym & Fitness Center Pharmacy Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    England
    County
    Lonoke
    State
    Arkansas
    Longitude
    -91.9639846
    Latitude
    34.54449377

    FAQs

    What type of property is this?
    Apartment building - Well-maintained six-unit building with one- and two-bedroom layouts in England, Arkansas.
    Where is this apartment building located?
    The property is located at 301 SE 5th Street England, AR.
    What is the asking price?
    The asking price for this property is $275,000.
    What are key features of this property?
    This property features: Ranch‑style property built in 1975 with a composition roof; 6‑unit multi‑unit building with 1- and 2‑bedroom units; Washer/dryer included (Washer/Dryer‑Comm. Out)
    More about this property
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