Townhome Community with Single-Family
For Sale
$2,200,000
707 E Maryland, Sherwood, AR 72120
18 two-bedroom townhomes feature in-unit washers and dryers, alongside a separate single-family residence for rental income.
Property SizeContact for details
Days on Market38
Property Features for 707 E Maryland
General Information
Standard status
Active
Property subtype
Multi Family Home
Financials
Cap Rate
7.18%
Business Included
No
Additional Details
Multifamily Units
19
Amenities
in-unit washer and dryer
Building Details
Year Built
1985
Listing Agency:
Irealty Arkansas - Sherwood
(501) 519-9373
Listed By:
Sonya Rhea
(501) 519-9373
Source:
Proeliterealty
Added: Jun 29
Changed: Jul 28
Last Checked: Aug 4 at 1:15PM
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 Irealty Arkansas - Sherwood
Investment Insights
Based on property information with market context.
This multifamily investment opportunity includes a townhome community with eighteen 2-bedroom, 1.5-bath units. Each unit is equipped with an in-unit washer and dryer. The property also includes a separate 3-bedroom, 2-bath single-family residence, providing an additional rental unit within the same ownership.
The property is well maintained, including a new roof installed in 2026. Located at 707 E Maryland in Sherwood, AR 72120, the offering is currently operating at a 7.18% cap rate based on current financials.
The property is well maintained, including a new roof installed in 2026. Located at 707 E Maryland in Sherwood, AR 72120, the offering is currently operating at a 7.18% cap rate based on current financials.
Key Highlights
- Multifamily property with 18 townhome units plus an additional separate single‑family residence.
- Townhomes: eighteen 2‑bedroom, 1.5‑bath units with in‑unit washer and dryer.
- Includes a separate 3‑bedroom, 2‑bath single‑family home for additional rental income or on‑site management housing.
Property Analytics
Current Use
Lease Details
19
Residential units
Location Intelligence
Trade Area within ½ mile
342
Businesses Nearby
Explore this area
Business Placement
Demographics for 72120, AR
34,784
Population
15,216
Households
2.3
Avg Household Size
41
Median Age
35%
College-Educated
95%
High-School Grad
54.2 sq mi
ZIP Area
642
Density / Sq Mi
$75,853
Median Household Income
$48,453
Median Earnings
$1,026
Median Rent
$189,400
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Apartment building - 18 two-bedroom townhomes feature in-unit washers and dryers, alongside a separate single-family residence for rental income.
Where is this apartment building located?
The property is located at 707 E Maryland Sherwood, AR.
What is the asking price?
The asking price for this property is $2,200,000.
What are key features of this property?
This property features: Multifamily property with 18 townhome units plus an additional separate single‑family residence.; Townhomes: eighteen 2‑bedroom, 1.5‑bath units with in‑unit washer and dryer.; Includes a separate 3‑bedroom, 2‑bath single‑family home for additional rental income or on‑site management housing.
