Two-Bedroom Townhome with
For Sale
$125,000
504 Green Mountain Drive, Little Rock, AR 72211
Residential, Traditional, Townhouse, Little Rock, AR
Property Size1,292 SF
Price / SF$96.75
Days on Market51
Property Features for 504 Green Mountain Drive
General Information
Property type
Residential
Property subtype
Duplex
Bedrooms
2
Bathrooms
2
Full bathrooms
1
Half bathrooms
1
Rooms
Bedroom 1, Bedroom 2, Bathroom 1, Bathroom 2
Parking features
Assigned
Patio and Porch features
Patio
Interior features
Washer Connection, Washer-Stays, Dryer Connection-Electric, Dryer-Stays
Exterior features
Patio, Fully Fenced
Fencing
Full
Fireplace
1
Appliances
Built-In Stove, Electric Range, Dishwasher
Subdivision
BRISTOL COMMONS TWNHS
Lot features
Level
Directions
Highway 10 to Rodney Parham past Hinson to Green Mountain Drive. Bristol Commons condos on left.
Standard status
Active
APN
43L-141-01-010-00
Size
1,292 SF
Taxes and HOA fees
Tax Year
2025
Tax Description
Lot 305 Bristol Commons HPR
Tax Annual Amount
1062
HOA Fee
$250 Monthly
Legal Description
Lot 305 Bristol Commons HPR
Amenities
swimming pool
Building Details
Year built
1981
Floors in Building
1
Flooring type
Vinyl, Tile
Roof type
Composition
Architectural style
Other
Listing Agency:
CBRPM Bryant · Coldwell Banker Real Estate
(501) 316-0955
Listed By:
John Willix
(501) 804-4761
Added: Jul 20
Changed: Sep 3
Last Checked: Sep 8 at 4:06AM
MLS# 26029386
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 corner townhome offers two bedrooms and one-and-a-half bathrooms. Interior features include washer connection and dryer connection (electric), with flooring provided by tile and vinyl. The kitchen includes a built-in stove, electric range, and dishwasher. The home also features a fireplace and a composition roof.
Outside, enjoy a patio and a fully fenced yard. Parking is provided as assigned parking.
Built in 1981, this townhome includes built-in appliances and practical indoor-outdoor features, making it well suited for a low-maintenance residential lifestyle.
Outside, enjoy a patio and a fully fenced yard. Parking is provided as assigned parking.
Built in 1981, this townhome includes built-in appliances and practical indoor-outdoor features, making it well suited for a low-maintenance residential lifestyle.
Key Highlights
- Corner two‑bedroom townhome
- One‑and‑a‑half bathrooms
- Washer and electric dryer connection
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
$10,442
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
8.35%
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%
$208,840
$208.8K
Cap Rate 7%
$149,171
$149.2K
Cap Rate 9%
$116,022
$116.0K
Market Conditions
NOI Build-Up for 1,292 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
$20.2K $15.60/SF
− Vacancy
−$1.2K −$0.90/SF
EGI
$19.0K $14.70/SF
− OpEx
−$8.5K −$6.61/SF
NOI
$10.4K $8.08/SF
Area
Little Rock, AR
Vacancy
5.80%
Lease Rate
$15.60 /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%
$208,840
Cap Rate 7%
$149,171
Cap Rate 9%
$116,022
Alternative Uses
Best Use
Apartment 5plus
$149.2K
$130.5K – $174.0K
NOI $10,442 @ 7.0% cap · market cap 8.35%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$234.7K
$205.4K – $273.8K
NOI $16,429 @ 7.0% cap · market cap 13.14%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,267
Businesses Nearby
Explore this area
Business Placement
Demographics for 72211, AR
24,338
Population
12,009
Households
2
Avg Household Size
35
Median Age
56%
College-Educated
97%
High-School Grad
8.3 sq mi
ZIP Area
2,932
Density / Sq Mi
$80,808
Median Household Income
$53,527
Median Earnings
$1,142
Median Rent
$257,800
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Single family property - Corner two-bedroom townhome with a fenced patio, assigned parking, and in-unit laundry connections.
Where is this single family property located?
The property is located at 504 Green Mountain Drive Little Rock, AR.
What is the asking price?
The asking price for this property is $125,000.
What are key features of this property?
This property features: Corner two‑bedroom townhome; One‑and‑a‑half bathrooms; Washer and electric dryer connection
