24-Unit Apartment Building
For Sale
$1,950,000
4308 4400-4416 4508-4516 Yorkshire DR, Fort Smith, AR 72903
Multifamily, Fort Smith, AR
Property Size4,848 SF
Lot Size0.34 Acres
Price / SF$402.23
Days on Market10
Property Features for 4308 4400-4416 4508-4516 Yorkshire DR
General Information
Property type
Residential Multi Family
Property subtype
Other
Parking features
Carport
Patio and Porch features
Patio
Subdivision
Sutton Estates #3
Lot features
Sidewalk
Elementary school
Sutton
Middle school
Kimmons
High school
Northside
Elementary school district
Fort Smith
Middle school district
Fort Smith
High school district
Fort Smith
Directions
Head north on i-540. Take exit 5 and turn left onto Kelley Hwy. Drive 1 mile and turn left onto N 44th St. Turn left onto Yorkshire Drive.
Standard status
Active
APN
17791-0008-00000-00
Size
4,848 SF
Lot size
0.34 Acres
Taxes and HOA fees
Tax Description
Lot 6, 8, 9, 10, 12, 13 Sutton Estates #3 Subdivision, an Addition to the City of Fort Smith, Sebastian County, Arkansas
Tax Annual Amount
10030
Legal Description
Lot 6, 8, 9, 10, 12, 13 Sutton Estates #3 Subdivision, an Addition to the City of Fort Smith, Sebastian County, Arkansas
Utilities
Heating system
Electric (Heating)
Cooling system
Window Unit(s), Central Air
Building Details
Year built
1975
Floors in Building
2
Number of units
24
Flooring type
Carpet, Tile - Ceramic
Roof type
Shingle
Listing Agency:
Warnock Real Estate LLC
Listed By:
Ronald Tran
(479) 434-2818
Added: Sep 17
Changed: Sep 18
Last Checked: Sep 26 at 4:06AM
MLS# 1091872
Copyright © 2026 Western River Valley Board of REALTORS®. 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 apartment portfolio includes six contiguous quadruplex buildings at 4308, 4400–4416, and 4508–4516 Yorkshire Drive in Fort Smith. Each two-level building contains 4,848 square feet, for 24 units across the portfolio. Property features include carpet and ceramic tile flooring, electric heat, window-unit and central air conditioning, shingle roofs, carports, and patios. Constructed in 1975, the buildings occupy 0.34 acres.
The property is located near an I-540 exit, with Walmart, Kimmons Jr. High, and Sutton Elementary nearby and the University of Arkansas Fort Smith within a short drive. Occupancy is reported at 100%, and the portfolio carries an 8.00% cap rate. Tenants pay all utilities except for one landlord-paid water bill serving a single building.
The property is located near an I-540 exit, with Walmart, Kimmons Jr. High, and Sutton Elementary nearby and the University of Arkansas Fort Smith within a short drive. Occupancy is reported at 100%, and the portfolio carries an 8.00% cap rate. Tenants pay all utilities except for one landlord-paid water bill serving a single building.
Key Highlights
- 24‑unit apartment portfolio comprising six contiguous quadruplexes
- Each building contains 4,848 square feet across 2 levels
- 100% occupied with an 8.00% cap rate
Property Analytics
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Current Use
Lease Details
24
Residential units
100%
Occupancy
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
175
Businesses Nearby
Explore this area
Business Placement
Demographics for 72903, AR
25,225
Population
12,079
Households
2.1
Avg Household Size
41
Median Age
33%
College-Educated
91%
High-School Grad
16.2 sq mi
ZIP Area
1,557
Density / Sq Mi
$60,186
Median Household Income
$36,560
Median Earnings
$804
Median Rent
$216,200
Median Home Value
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Market
Vacancy Rate% for Multifamily in South region
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Frequently Asked Questions
What type of property is this?
Apartment building - Six contiguous residential buildings offer fully occupied apartments with carports, patios, and tenant-paid utilities.
Where is this apartment building located?
The property is located at 4308 4400-4416 4508-4516 Yorkshire DR Fort Smith, AR.
What is the asking price?
The asking price for this property is $1,950,000.
What are key features of this property?
This property features: 24‑unit apartment portfolio comprising six contiguous quadruplexes; Each building contains 4,848 square feet across 2 levels; 100% occupied with an 8.00% cap rate
