Remodeled Duplex with New
For Sale
$349,999
3400 SW Landau Ct, Bentonville, AR 72712
One unit has updated finishes, while the second is currently leased.
Property Size2,005 SF
Price / SF$174.56
Days on Market64
Property Features for 3400 SW Landau Ct
General Information
Standard status
Active
Size
2,005 SF
Property subtype
Multi-Family
Additional Details
Multifamily Units
2
Building Details
Year Built
2003
Listing Agency:
Collier & Associates
Listed By:
Brandon Still · License #SA00081991
(501) 230-5290
Source:
Thebesthomeprice
Added: Aug 14
Changed: Oct 4
Last Checked: Oct 15 at 3:57AM
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 Collier & Associates
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Investment Insights
Based on property information with market context.
Built in 2003, this duplex offers 2,005 square feet across two residential units. One side has received recent remodeling with updated finishes, and the other unit is currently leased. The property does not include a garage and features a new roof along with additional improvements.
Located in the Carriage Square community, the duplex is approximately 3 miles from Downtown Bentonville and 4 miles from the Walmart Home Office Campus. Crystal Bridges Museum of American Art, mountain biking trails, schools, dining, and shopping are also identified as part of the surrounding Northwest Arkansas setting.
Located in the Carriage Square community, the duplex is approximately 3 miles from Downtown Bentonville and 4 miles from the Walmart Home Office Campus. Crystal Bridges Museum of American Art, mountain biking trails, schools, dining, and shopping are also identified as part of the surrounding Northwest Arkansas setting.
Key Highlights
- 2,005‑SF duplex constructed in 2003
- One unit recently remodeled with updated finishes
- Second unit is currently leased
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$18,301
Cap Rate
5.23%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$366,020
$366.0K
Cap Rate 7%
$261,443
$261.4K
Cap Rate 9%
$203,344
$203.3K
Market Conditions
NOI Build-Up for 2,005 SF
Gross rent
$27.7K $13.80/SF
− Vacancy
−$1.5K −$0.76/SF
EGI
$26.1K $13.04/SF
− OpEx
−$7.8K −$3.91/SF
NOI
$18.3K $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%
$366,020
Cap Rate 7%
$261,443
Cap Rate 9%
$203,344
Alternative Uses
Best Use
Multifamily LT 5
$261.4K
$228.8K – $305.0K
NOI $18,301 @ 7.0% cap · market cap 5.23%
Second Best
Apartment 5plus
$233.3K
$204.1K – $272.2K
NOI $16,330 @ 7.0% cap · market cap 4.67%
Theoretical Best
Office A
$551.0K
$482.1K – $642.8K
NOI $38,569 @ 7.0% cap · market cap 11.02%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
228
Businesses Nearby
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Business Placement
Demographics for 72712, AR
38,053
Population
16,245
Households
2.3
Avg Household Size
34
Median Age
49%
College-Educated
94%
High-School Grad
51.8 sq mi
ZIP Area
735
Density / Sq Mi
$102,073
Median Household Income
$56,675
Median Earnings
$1,197
Median Rent
$401,300
Median Home Value
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Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Duplex - One unit has updated finishes, while the second is currently leased.
Where is this duplex located?
The property is located at 3400 SW Landau Ct Bentonville, AR.
What is the asking price?
The asking price for this property is $349,999.
What are key features of this property?
This property features: 2,005‑SF duplex constructed in 2003; One unit recently remodeled with updated finishes; Second unit is currently leased
