Duplex with Fenced
304 Tricha Circle #A & B, Gravette, AR 72736
For Sale
$519,900
Both residences are leased, with existing agreements transferring to the new owner.
Property Size3,582 SF
Price / SF$145.14
Days on Market78
Property Features for 304 Tricha Circle #A & B
General Information
Standard status
Size
Property subtype
Units
Unit Mix
Multifamily Units
Additional Details
Average Monthly Rent
Tenant in Place
Taxes and HOA fees
Annual Taxes
Amenities
granite countertops
fully fenced backyard
Concrete Driveway
Building Details
Building Size
Year Built
Stories
Units
Tenancy
Listing Agency:
NWA Residential Real Estate
(479) 202-5239
Listed By:
Danielle Richardson · License AR PB00082514
(479) 544-4779
Source:
Beaverlakerealty
Added: Aug 27
Changed: Nov 4
Last Checked: Nov 12 at 5:33AM
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 NWA Residential Real Estate
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
Built in 2022, this duplex contains two residences with 1,791 square feet per side and granite countertops. Each unit also has a fenced backyard. Both residences are leased, and the leases transfer with the sale, providing rental income under the existing agreements.
Key Highlights
- Two units, each with 1,791 sq. ft. of living area
- Built in 2022
- Granite countertops in both residences
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$32,696
Cap Rate
6.29%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$653,920
$653.9K
Cap Rate 7%
$467,086
$467.1K
Cap Rate 9%
$363,289
$363.3K
Market Conditions
NOI Build-Up for 3,582 SF
Gross rent
$49.4K $13.80/SF
− Vacancy
−$2.7K −$0.76/SF
EGI
$46.7K $13.04/SF
− OpEx
−$14.0K −$3.91/SF
NOI
$32.7K $9.13/SF
Area
Benton County, AR
Vacancy
5.51%
Lease Rate
$13.80 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$653,920
Cap Rate 7%
$467,086
Cap Rate 9%
$363,289
Alternative Uses
Best Use
Multifamily LT 5
$467.1K
$408.7K – $544.9K
NOI $32,696 @ 7.0% cap · market cap 6.29%
Second Best
Apartment 5plus
$416.8K
$364.7K – $486.2K
NOI $29,174 @ 7.0% cap · market cap 5.61%
Theoretical Best
Office A
$984.4K
$861.3K – $1.15M
NOI $68,905 @ 7.0% cap · market cap 13.25%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Lease Details
2
Residential units
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
1
Businesses Nearby
Explore this area
Business Placement
Demographics for 72736, AR
7,046
Population
2,682
Households
2.6
Avg Household Size
38
Median Age
24%
College-Educated
88%
High-School Grad
98.5 sq mi
ZIP Area
72
Density / Sq Mi
$73,565
Median Household Income
$43,892
Median Earnings
$1,012
Median Rent
$277,500
Median Home Value
Market
Average Price Trend$/SF for Duplexes in Benton County, AR
Properties on Market for Duplexes in Benton County
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Duplex - Both residences are leased, with existing agreements transferring to the new owner.
Where is this duplex located?
The property is located at 304 Tricha Circle #A & B Gravette, AR.
What is the asking price?
The asking price for this property is $519,900.
What are key features of this property?
This property features: Two units, each with 1,791 sq. ft. of living area; Built in 2022; Granite countertops in both residences
