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    Sherwood Multi-Family Property For Sale Title is generated by Realmo AI

    41 Compass Point St, Sherwood, AR 72120

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    Claim this Listing
    For Sale
    Under Contract
    $100,000

    MULTI_FAMILY - Sherwood, AR

    Property size:
    943 SF
    Lot size:
    0.33 Acres
    Price / SF:
    $106/SF
    Added:
    May 11, 2026
    Days on Market:
    48
    Last Refresh:
    Jun 27 at 3:06 pm

    Property Features for 41 Compass Point St

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Appliances
    Free-Standing Stove, Electric Range, Dishwasher, Free-Standing Stove, Electric Range, Dishwasher
    Standard status
    Active Under Contract
    APN
    22R-018-74-026-01
    Size
    943 SF
    Lot size
    0.33 Acres

    Taxes and HOA fees

    Tax Year
    2025
    Tax Description
    Lot A
    Tax Annual Amount
    807

    Building Details

    Year built
    1988
    Floors in Building
    1
    Number of units
    1
    Flooring type
    Carpet - Partial, Tile, Laminate
    Roof type
    Composition
    Architectural style
    Other

    We can help!

    Contact an agent
    Daniel Gray
    Daniel Gray

    Listing agent Daniel Gray License #PB00050346

    Listing office RE/MAX Homefinders 300 T. P. White Suite A, Jacksonville, AR

    Listing date May 11, 2026

    MLS# 26018965 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

    • 3BD/1BA rental unit currently rented for $975/month
    • Year built 1988
    • Roof: composition
    • Appliances include electric range (free‑standing), dishwasher
    • Flooring includes carpet (partial), tile, and laminate

    Overview

    This multi-family property, located in Sherwood, Arkansas, is available for purchase individually or as part of a package with three other properties. The property includes a 3-bedroom, 1-bathroom unit that is currently rented for $975.00 per month. The lot size is 0.33 acres, and the property size is 943 square feet. Other properties in the package are located at 201 Natalie, 14 Compass Pt., and 200 Wright. Rental details are available in the provided documents.

    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 $13.7k $14.52
    − Vacancy −$794 −$0.84
    EGI $12.9k $13.68
    − OpEx −$5.8k −$6.16
    NOI $7.1k $7.52
    943 SF · lease $14.52/SF/yr · vacancy 5.80% · expense 45.00%

    Alternative Uses

    Best Use
    Apartment 5plus
    $101.3K
    $88.7K – $118.2K (±1% cap)
    NOI $7,094 @ 7.0% cap · market cap 7.09%
    Second Best
    —
    —
    no second resolved use
    Theoretical Best
    Specialty Retail
    $179.9K
    $157.4K – $209.9K (±1% cap)
    NOI $12,591 @ 7.0% cap · market cap 12.59%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Single family properties

    Suggested Use

    Hair Salon Kitchen & Bath Showroom Car Rental Facility Plumbing Service Mobile Phone Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Sherwood
    County
    Pulaski
    State
    Arkansas
    Longitude
    -92.218169
    Latitude
    34.889203

    FAQs

    What type of property is this?
    Single family property - Multi-family property in Sherwood, Arkansas, available for purchase.
    Where is this single family property located?
    The property is located at 41 Compass Point St Sherwood, AR.
    What is the asking price?
    The asking price for this property is $100,000.
    What are key features of this property?
    This property features: 3BD/1BA rental unit currently rented for $975/month; Year built 1988; Roof: composition
    More about this property
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