Five-Unit Townhome-Style
450-490 Jasper Road Centerton, AR 72719
New
450-490 Jasper Road, Centerton, AR, 72719
$1,734,480
For Sale
$1,734,480
MULTI_FAMILY - Contemporary - Centerton, AR
Property Size7,982 SF
Lot Size0.46 Acres
Price / SF$217.30
Days on Market1
Property Features for 450-490 Jasper Road
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Property condition
- Under Construction
- Bedrooms
- 15
- Bathrooms
- 15
- Rooms
- Bedroom 14, Bedroom 10, Bedroom 6, Bathroom 4, Bedroom 7, Bathroom 14, Bathroom 13, Bedroom 12, Bedroom 5, Bedroom 8, Bedroom 15, Bathroom 2, Bedroom 3, Bathroom 5, Bedroom 1, Bathroom 7, Bathroom 6, Bathroom 12, Bathroom 9, Bathroom 1, Bedroom 2, Bedroom 4, Bathroom 8, Bathroom 15, Bedroom 11, Bedroom 13, Bathroom 3, Bedroom 9, Bathroom 10, Bathroom 11
- Parking features
- Open, Garage
- Patio and Porch features
- Patio, Porch
- Exterior features
- ConcreteDriveway
- Fireplace
- 1
- Appliances
- Dishwasher, ElectricWaterHeater, Disposal, GasOven, GasRange, Microwave, RangeHood
- Standard status
- Active
- APN
- 06-09293-000
- Size
- 7,982 SF
- Lot size
- 0.46 Acres
Taxes and HOA fees
- Tax Description
- PLAT 3/28/2024 L202415156 CRYSTAL COVE PH II-CENTERTON OF 3/28/2024 L202415156 (AKA CRYSTAL COVE HORIZONTAL PROPERTY REGIME-MASTER DEED 3/28/2024 L202415158 & AMENDED MASTER DEED 5/14/2024 L202424714(BYLAWS EXHIBIT C PG 36)-SEE ADMIN NTS REGARDING
- Tax Annual Amount
- 21472
Utilities
- Sewer type
- Public Sewer
- Heating system
- Natural Gas, Central
- Cooling system
- Central Air, Electric
- Water source
- Public
Building Details
- Year built
- 2026
- Floors in Building
- 2
- Number of units
- 5
- Flooring type
- Carpet, Tile
- Building materials
- Brick, Concrete
- Roof type
- Shingle
- Architectural style
- Contemporary
Listing Agency
Lone Rock Realty
(479) 777-3379
3537 N Steele Blvd, Fayetteville, AR
Listed by
Colley Bailey · License #PB00076160
(479) 856-9422
Added: Jul 17 Checked: Jul 17 at 7:06 pm
MLS# 1355721
Listing URL
Copyright © 2026 ArkansasONE MLS. 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.
Crystal Cove Townhomes is a new construction, five-unit townhome-style multifamily property in Centerton, AR. The configuration includes five separate units, each offering approximately 1,606 square feet with three bedrooms and 2.5 bathrooms, plus a primary suite on the main level. Interiors feature an open-concept living area with vaulted ceilings and an electric fireplace. Upstairs, each unit provides two additional bedrooms, a full bath, and a loft-style overlook.
Each unit also includes a covered patio and private backyard space. The property consists of 15 bedrooms total across the five units and sits on approximately 0.46 acres. The address is 450-490 Jasper Road, Centerton, AR 72719 (Benton County).
Each unit also includes a covered patio and private backyard space. The property consists of 15 bedrooms total across the five units and sits on approximately 0.46 acres. The address is 450-490 Jasper Road, Centerton, AR 72719 (Benton County).
Key Highlights
- New construction 5‑unit townhome‑style multifamily (Crystal Cove Townhomes) built in 2026
- Each unit offers ~1,606 SF with 3 bedrooms and 2.5 baths, including a primary suite on the main level
- Open‑concept living area with vaulted ceilings and an electric fireplace in each unit
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 | $125.5k | $15.72 |
| − Vacancy | −$7.3k | −$0.91 |
| EGI | $118.2k | $14.81 |
| − OpEx | −$53.2k | −$6.66 |
| NOI | $65.0k | $8.14 |
7,982 SF · lease $15.72/SF/yr · vacancy 5.80% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$928.7K
$812.6K – $1.08M
NOI $65,010 @ 7.0% cap · market cap 3.75%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$2.19M
$1.92M – $2.56M
NOI $153,546 @ 7.0% cap · market cap 8.85%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
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FAQs
What type of property is this?
Apartment building - New construction five-unit multifamily with 3-bedroom, 2.5-bath townhome layouts, each with a covered patio and private yard.
Where is this apartment building located?
The property is located at 450-490 Jasper Road Centerton, AR.
What is the asking price?
The asking price for this property is $1,734,480.
What are key features of this property?
This property features: New construction 5‑unit townhome‑style multifamily (Crystal Cove Townhomes) built in 2026; Each unit offers ~1,606 SF with 3 bedrooms and 2.5 baths, including a primary suite on the main level; Open‑concept living area with vaulted ceilings and an electric fireplace in each unit
