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    Well-Maintained Apartment Complex Title is generated by Realmo AI

    6720 Dollarway Rd, White Hall, AR 71602

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    Claim this Listing
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    For Sale
    $2,500,000

    MULTI_FAMILY - White Hall, AR

    Type:Apartment
    Property size:
    30,380 SF
    Lot size:
    3.00 Acres
    Price / SF:
    $82/SF
    Added:
    Jul 2, 2026
    Days on Market:
    5
    Last Refresh:
    Jul 6 at 1:06 am

    Property Features for 6720 Dollarway Rd

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Apartment
    Appliances
    Free-Standing Stove, Free-Standing Stove
    Standard status
    Active
    Size
    30,380 SF
    Lot size
    3.00 Acres

    Taxes and HOA fees

    Tax Description
    SEC 22 TWP 5 S RNG 10 W
    Tax Annual Amount
    16943

    Building Details

    Year built
    2005
    Floors in Building
    2
    Number of units
    36
    Flooring type
    Carpet - Partial, Vinyl
    Roof type
    Composition
    Architectural style
    Other

    We can help!

    Contact an agent
    Amanda Eversole

    Listing agent Amanda Eversole

    Listing office IRealty Arkansas - Sheridan 118 W. Center, Sherwood, AR

    Listing date Jul 2, 2026

    MLS# 26026841 Listing URL

    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.

    HighLights

    • 36‑unit apartment complex built in 2005
    • Property is fully occupied
    • Parking lot has been recently striped
    • Units include vinyl flooring and partial carpet
    • Units have free‑standing stoves
    • Roof type: composition

    Overview

    This well-maintained apartment complex contains 36 units and is presented as fully occupied. The property includes a parking lot that was recently striped. Interior updates are described as units becoming available, with lower-level units featuring luxury plank flooring and upper-level units featuring carpeting.

    The building is located at 6720 Dollarway Rd in White Hall, Arkansas (Jefferson County). The site is listed with a total lot size of 3 acres and a total property size of 30,380 square feet.

    For investors or owner-operators looking for a multifamily asset, the combination of current occupancy and documented interior refreshes can support straightforward operations. The unit-by-unit approach to updating flooring on different levels is also reflected in the current configuration. Please contact the listing broker for details on unit turnover policies, rent rolls, and the specifics of the recent exterior and interior work before scheduling a showing.

    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 $364.6k $12.00
    − Vacancy −$35.7k −$1.18
    EGI $328.8k $10.82
    − OpEx −$148.0k −$4.87
    NOI $180.9k $5.95
    30,380 SF · lease $12.00/SF/yr · vacancy 9.80% · expense 45.00%

    Alternative Uses

    Best Use
    Apartment 5plus
    $2.58M
    $2.26M – $3.01M (±1% cap)
    NOI $180,858 @ 7.0% cap · market cap 7.23%
    Second Best
    —
    —
    no second resolved use
    Theoretical Best
    Office A
    $7.79M
    $6.82M – $9.09M (±1% cap)
    NOI $545,224 @ 7.0% cap · market cap 21.81%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Apartment buildings

    Suggested Use

    Real Estate Agency Hotel & Motel Gym & Fitness Center Law Firm Skin Care Clinic Grocery & Convenience Store Electronics & Wireless Store Spa & Massage Center Electrical Service Auto Parts Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    White Hall
    County
    Jefferson
    State
    Arkansas
    Longitude
    -92.078979
    Latitude
    34.257496

    FAQs

    What type of property is this?
    Apartment building - Fully occupied 36-unit complex in White Hall with updated interiors and a recently refreshed parking lot.
    Where is this apartment building located?
    The property is located at 6720 Dollarway Rd White Hall, AR.
    What is the asking price?
    The asking price for this property is $2,500,000.
    What are key features of this property?
    This property features: 36‑unit apartment complex built in 2005; Property is fully occupied; Parking lot has been recently striped
    More about this property
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