Sherwood Multi-Family Property For
For Sale
Under Contract
$100,000
41 Compass Point St, Sherwood, AR 72120
MULTI_FAMILY - Sherwood, AR
Property Size943 SF
Lot Size0.33 Acres
Price / SF$106.04
Days on Market95
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
Subdivision
High Country
Lot features
Sloped, In Subdivision
Directions
Bamboo to Compass Point
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
Legal Description
Lot A
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
Listing Agency:
RE/MAX Homefinders
(501) 982-2159
Listed By:
Daniel Gray · License #PB00050346
(501) 960-3181
Added: May 11
Changed: Aug 2
Last Checked: Aug 13 at 12:06AM
MLS# 26018965
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.
Investment Insights
Based on property information with market context.
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.
Key Highlights
- 3BD/1BA rental unit currently rented for $975 per month
- Year built 1988
- Appliances include electric range, dishwasher, and free‑standing stove
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$7,094
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
7.09%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$141,880
$141.9K
Cap Rate 7%
$101,343
$101.3K
Cap Rate 9%
$78,822
$78.8K
Market Conditions
NOI Build-Up for 943 SF
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.
Gross rent
$13.7K $14.52/SF
− Vacancy
−$794 −$0.84/SF
EGI
$12.9K $13.68/SF
− OpEx
−$5.8K −$6.16/SF
NOI
$7.1K $7.52/SF
Area
Pulaski County, AR
Vacancy
5.80%
Lease Rate
$14.52 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$141,880
Cap Rate 7%
$101,343
Cap Rate 9%
$78,822
Alternative Uses
Best Use
Apartment 5plus
$101.3K
$88.7K – $118.2K
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
NOI $12,591 @ 7.0% cap · market cap 12.59%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
100%
Occupancy
Single-tenant
Tenancy
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
22
Businesses Nearby
Explore this area
Business Placement
Demographics for 72120, AR
34,784
Population
15,216
Households
2.3
Avg Household Size
41
Median Age
35%
College-Educated
95%
High-School Grad
54.2 sq mi
ZIP Area
642
Density / Sq Mi
$75,853
Median Household Income
$48,453
Median Earnings
$1,026
Median Rent
$189,400
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
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 per month; Year built 1988; Appliances include electric range, dishwasher, and free‑standing stove
