Furnished Short-Term Rental
For Sale
$450,000
8210 Chestnut Drive, Rogers, AR 72756
CommercialSale, Rogers, AR
Property Size1,672 SF
Lot Size0.64 Acres
Price / SF$269.14
Days on Market93
Property Features for 8210 Chestnut Drive
General Information
Property type
Commercial Sale
Property subtype
Other
Rooms
Basement
Parking features
Open
Exterior features
Storage
Appliances
ElectricWaterHeater
Lot features
Dead End, Neighborhood, Outside City Limits, Wooded
Directions
From HWY 12 turn into Beaver Shores on Beaver Shores Rd, drive 0.6 miles take a slight left turn onto Cypress Ln, then slight right turn onto Hickory Dr., Stay right when the road forks, house is 0.2 miles on the Left
Standard status
Active
APN
15-01048-000
Size
1,672 SF
Lot size
0.64 Acres
Taxes and HOA fees
Tax Description
SURVEY 28-15 PLAT D-55
Tax Annual Amount
2361
Legal Description
SURVEY 28-15 PLAT D-55
Utilities
Sewer type
Septic Tank
Heating system
Central, Ductless (Heating)
Cooling system
Central Air, Ductless
Water source
Public
Amenities
private laundry
deck
Building Details
Year built
1994
Flooring type
Vinyl, Carpet
Building materials
Brick, WoodSiding
Roof type
Metal
Additional Structures
Storage
Listing Agency:
Keller Williams Market Pro Realty Branch Office · Keller Williams Realty
(479) 657-6797
Listed By:
NWA Real Estate Solutions
(479) 841-5949
Added: Jul 6
Changed: Sep 23
Last Checked: Oct 6 at 1:06AM
MLS# 1354410
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.
Investment Insights
Based on property information with market context.
This furnished short-term rental property combines three separate living areas, each with its own entrance, for a total of 3 bedrooms and 3 baths. The improvements include a 576-square-foot above-garage studio apartment completed in 2023, with a kitchenette, full bath, sleeping loft, and private laundry. The residence was built in 1994 and features brick and wood siding, a metal roof, central and ductless heating and cooling, open parking, and storage.
Situated on three wooded lots totaling 0.64 acres, the property includes a large two-level deck and an additional vacant lot. Approximately 2.5 years of rental history and existing furnishings are included. Public water and septic service support the property, while the separate entrances and multiple living areas provide flexibility for short-term rental, mid-term rental, owner use, or guest accommodations.
Situated on three wooded lots totaling 0.64 acres, the property includes a large two-level deck and an additional vacant lot. Approximately 2.5 years of rental history and existing furnishings are included. Public water and septic service support the property, while the separate entrances and multiple living areas provide flexibility for short-term rental, mid-term rental, owner use, or guest accommodations.
Key Highlights
- 576‑square‑foot above‑garage studio apartment built in 2023
- 3 bedrooms and 3 baths across three distinct living areas
- Private entrance for each living area
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$13,618
Cap Rate
3.03%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$272,360
$272.4K
Cap Rate 7%
$194,543
$194.5K
Cap Rate 9%
$151,311
$151.3K
Market Conditions
NOI Build-Up for 1,672 SF
Gross rent
$26.3K $15.72/SF
− Vacancy
−$1.5K −$0.91/SF
EGI
$24.8K $14.81/SF
− OpEx
−$11.1K −$6.66/SF
NOI
$13.6K $8.14/SF
Area
Benton County, AR
Vacancy
5.80%
Lease Rate
$15.72 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$272,360
Cap Rate 7%
$194,543
Cap Rate 9%
$151,311
Alternative Uses
Best Use
Apartment 5plus
$194.5K
$170.2K – $227.0K
NOI $13,618 @ 7.0% cap · market cap 3.03%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$459.5K
$402.0K – $536.1K
NOI $32,163 @ 7.0% cap · market cap 7.15%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
11
Businesses Nearby
Explore this area
Business Placement
Demographics for 72756, AR
41,875
Population
17,225
Households
2.4
Avg Household Size
37
Median Age
24%
College-Educated
86%
High-School Grad
129.9 sq mi
ZIP Area
322
Density / Sq Mi
$70,900
Median Household Income
$37,510
Median Earnings
$914
Median Rent
$243,000
Median Home Value
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Market
Vacancy Rate% for Multifamily in South region
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Frequently Asked Questions
What type of property is this?
Short term rental property - Flexible furnished layout with private entrances, an above-garage studio, and established rental history 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 $450,000.
What are key features of this property?
This property features: 576‑square‑foot above‑garage studio apartment built in 2023; 3 bedrooms and 3 baths across three distinct living areas; Private entrance for each living area
