523 S Dockery Lane, Fayetteville, AR 72701
MULTI_FAMILY - Fayetteville, AR
- Added:
- May 28, 2025
- Days on Market:
- 405
- Last Refresh:
- Jul 6 at 3:06 am
Property Features for 523 S Dockery Lane
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 2
- Bathrooms
- 2
- Rooms
- Bathroom 2, Bedroom 1, Bedroom 2, Bathroom 1
- Parking features
- Garage
- Appliances
- ElectricWaterHeater
- Standard status
- Active
- APN
- 765-14329-000
- Size
- 12,180 SF
- Lot size
- 1.40 Acres
Taxes and HOA fees
- Tax Description
- see tax card
Utilities
- Heating system
- Electric (Heating)
- Cooling system
- Electric
Building Details
- Year built
- 1995
- Floors in Building
- 1
- Number of units
- 12
- Building materials
- Brick
- Roof type
- Shingle, Fiberglass
Listing agent Daniel Smith License #AB00089282 (479) 318-8488
Listing office Colliers International - Branch Office 3503 S 55th St, Suite 200 102, AR (479) 636-9000
Listing date May 28, 2025
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.
HighLights
- Twelve 2BR/2BA duplex units, 1,015 SF per unit
- Built in 1995 with brick construction, shingle/fiberglass roof
- Utilities are metered separately for the units
- Private setting at the end of a city street on 1.4 acres
- Gross potential monthly income of $13,200 ($1,100 per unit)
- Zoned 24; 2.5 miles to University of Arkansas and 2 miles to downtown Fayetteville
Overview
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 | $168.1k | $13.80 |
| − Vacancy | −$11.5k | −$0.94 |
| EGI | $156.6k | $12.86 |
| − OpEx | −$47.0k | −$3.86 |
| NOI | $109.6k | $9.00 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Fayetteville
- County
- Washington
- State
- Arkansas
- Longitude
- -94.132281
- Latitude
- 36.056092
