Residential Income Property with
8210 Chestnut Drive Rogers, AR 72756
For Sale
$489,000
Fully furnished three-space setup with private entrances, including a studio above a detached two-car garage near Beaver Lake.
Property Size2,248 SF
Lot Size0.64 Acres
Price / SF$217.53
Days on Market22
Property Features for 8210 Chestnut Drive
General Information
Standard status
Active
Size
2,248 SF
Lot size
0.64 Acres
Property subtype
Commercial/Industrial
Building Details
Year Built
1994
Listing Agency:
Keller Williams Market Pro Realty Branch Office
(479) 841-5949
Listed By:
NWA Real Estate Solutions
(479) 841-5949
Source:
Exitrealty
Added: Jul 7
Changed: Jul 22
Last Checked: Jul 27 at 3:16AM
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 Keller Williams Market Pro Realty Branch Office
Investment Insights
Based on property information with market context.
This fully furnished residential income property is configured with three independent living spaces, each with a private entrance, kitchen or kitchenette, full bath, and living area. The home features a renovated main residence with a wood-burning fireplace and media loft, plus a fully updated walk-out lower level suite.
An additional studio of 576 square feet is located above the detached two-car garage, expanding the property’s layout for multiple lodging or living arrangements. The property is described as being near Beaver Lake, with approximately 2½ years of documented rental history and 65+ guest reviews supporting established demand.
Outdoor space includes three wooded lots totaling 0.64 acres, along with an additional vacant lot noted for future possibilities.
An additional studio of 576 square feet is located above the detached two-car garage, expanding the property’s layout for multiple lodging or living arrangements. The property is described as being near Beaver Lake, with approximately 2½ years of documented rental history and 65+ guest reviews supporting established demand.
Outdoor space includes three wooded lots totaling 0.64 acres, along with an additional vacant lot noted for future possibilities.
Key Highlights
- 1994‑built property with a fully furnished three‑space setup near Beaver Lake
- Three independent living spaces, each with its own private entrance, kitchen or kitchenette, full bath, and living area
- Renovated main home with a wood‑burning fireplace and media loft
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 | $31.0k | $13.80 |
| − Vacancy | −$1.7k | −$0.76 |
| EGI | $29.3k | $13.04 |
| − OpEx | −$8.8k | −$3.91 |
| NOI | $20.5k | $9.13 |
2,248 SF · lease $13.80/SF/yr · vacancy 5.51% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$293.1K
$256.5K – $342.0K
NOI $20,519 @ 7.0% cap · market cap 4.20%
Second Best
Apartment 5plus
$261.6K
$228.9K – $305.2K
NOI $18,309 @ 7.0% cap · market cap 3.74%
Theoretical Best
Office A
$617.8K
$540.6K – $720.7K
NOI $43,244 @ 7.0% cap · market cap 8.84%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Short term rental property - Fully furnished three-space setup with private entrances, including a studio above a detached two-car garage near Beaver Lake.
Where is this short term rental property located?
The property is located at 8210 Chestnut Drive Rogers, AR.
What is the asking price?
The asking price for this property is $489,000.
What are key features of this property?
This property features: 1994‑built property with a fully furnished three‑space setup near Beaver Lake; Three independent living spaces, each with its own private entrance, kitchen or kitchenette, full bath, and living area; Renovated main home with a wood‑burning fireplace and media loft
