Gentry Duplex Investment
505 N Collins Avenue A & B Gentry, AR 72734
505 N Collins Avenue A & B, Gentry, AR, 72734
$577,900
For Sale
$577,900
Well-maintained duplex in Gentry with leases in place.
Property Size4,124 SF
Price / SF$140.13
Days on Market170
Property Features for 505 N Collins Avenue A & B
General Information
- Standard status
- Active
- Size
- 4,124 SF
- Property subtype
- Multi Family
Building Details
- Year Built
- 2022
Listing Agency
NWA Residential Real Estate
(479) 544-4779
Listed by
Danielle Hefley · License #PB00082514
(479) 544-4779
Source
Exitrealty
Added: Jan 28 Checked: Jul 17 at 5:38 am
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of NWA Residential Real Estate
Investment Insights
Based on property information with market context.
Located in Gentry, south of Main Street, the duplex at 505 N Collins Ave presents an investment opportunity. Each side of the duplex features 2,062 square feet, with 4 bedrooms and 3.5 bathrooms. The floor plan is open-concept, with the kitchen flowing into the living area. Interior design features include tile flooring throughout, granite countertops, and a large kitchen island. Each unit includes walk-in closets and central heat and air. The property is located near the park, library, and Gentry schools, and is within walking distance to the McKee Plant. Each side is currently leased, and leases will convey with an acceptable offer.
Key Highlights
- Each unit boasts 4 bedrooms and 3.5 bathrooms with 2,062 sq ft of living space.
- Located in the heart of Gentry, close to the park, library, Gentry schools, and within walking distance to the McKee Plant.
- Enjoy the open‑concept floor plan featuring tile flooring, granite countertops, and a large kitchen island.
Local Financial Insights For Multifamily LT 5
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 | $56.9k | $13.80 |
| − Vacancy | −$3.1k | −$0.76 |
| EGI | $53.8k | $13.04 |
| − OpEx | −$16.1k | −$3.91 |
| NOI | $37.6k | $9.13 |
4,124 SF · lease $13.80/SF/yr · vacancy 5.51% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$537.8K
$470.5K – $627.4K
NOI $37,643 @ 7.0% cap · market cap 6.51%
Second Best
Apartment 5plus
$479.8K
$419.9K – $559.8K
NOI $33,588 @ 7.0% cap · market cap 5.81%
Theoretical Best
Office A
$1.13M
$991.6K – $1.32M
NOI $79,331 @ 7.0% cap · market cap 13.73%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Duplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Duplex - Well-maintained duplex in Gentry with leases in place.
Where is this duplex located?
The property is located at 505 N Collins Avenue A & B Gentry, AR.
What is the asking price?
The asking price for this property is $577,900.
What are key features of this property?
This property features: Each unit boasts 4 bedrooms and 3.5 bathrooms with 2,062 sq ft of living space.; Located in the heart of Gentry, close to the park, library, Gentry schools, and within walking distance to the McKee Plant.; Enjoy the open‑concept floor plan featuring tile flooring, granite countertops, and a large kitchen island.
