Triplex with Private
8306 Woodview Drive East #850.00, Sherwood, AR 72120
For Sale
$299,000
All three residences are occupied and include central air, natural gas heat, and private patios.
Property Size3,158 SF
Price / SF$94.68
Days on Market43
Property Features for 8306 Woodview Drive East #850.00
General Information
Standard status
Size
Property subtype
Occupancy
Additional Details
Highway Access
Amenities
LVP flooring
refrigerator
range
dishwasher
central air
natural gas heat
washer/dryer connections
private back patio with storage
Wi-Fi-connected Arlo security cameras
Building Details
Year Built
Listing Agency:
Green Realty & Associates, LLC
(501) 850-5635
Listed By:
Jade Brandon
(501) 351-0252
Source:
Dustinwhiterealty
Added: Sep 28
Changed: Nov 9
Last Checked: Nov 9 at 8:02AM
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 Green Realty & Associates, LLC
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Investment Insights
Based on property information with market context.
This 3,158-square-foot triplex was built in 1974 and contains three occupied units. Each residence has LVP flooring, a refrigerator, range, dishwasher, central air, natural gas heat, washer and dryer connections, a private rear patio with storage, and two parking spaces. Units A and C have recent updates; Unit B was updated before 2021.
A new roof was installed in November 2025, and exterior paint was completed in July 2026. Major systems receive annual maintenance. Tenants cover water, natural gas, electricity, and internet. The property also has three Wi-Fi-connected Arlo security cameras.
The address is near Landers Road and Kiehl Avenue, with access to North Little Rock amenities, Little Rock Air Force Base, and I-40.
A new roof was installed in November 2025, and exterior paint was completed in July 2026. Major systems receive annual maintenance. Tenants cover water, natural gas, electricity, and internet. The property also has three Wi-Fi-connected Arlo security cameras.
The address is near Landers Road and Kiehl Avenue, with access to North Little Rock amenities, Little Rock Air Force Base, and I-40.
Key Highlights
- 3,158‑square‑foot triplex with three occupied units
- Two parking spaces and a private patio with storage for each unit
- New roof installed November 2025; exterior paint completed July 2026
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$26,539
Cap Rate
8.88%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$530,780
$530.8K
Cap Rate 7%
$379,129
$379.1K
Cap Rate 9%
$294,878
$294.9K
Market Conditions
NOI Build-Up for 3,158 SF
Gross rent
$40.5K $12.84/SF
− Vacancy
−$2.6K −$0.83/SF
EGI
$37.9K $12.01/SF
− OpEx
−$11.4K −$3.60/SF
NOI
$26.5K $8.40/SF
Area
Pulaski County, AR
Vacancy
6.50%
Lease Rate
$12.84 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$530,780
Cap Rate 7%
$379,129
Cap Rate 9%
$294,878
Alternative Uses
Best Use
Multifamily LT 5
$379.1K
$331.7K – $442.3K
NOI $26,539 @ 7.0% cap · market cap 8.88%
Second Best
Apartment 5plus
$339.4K
$297.0K – $396.0K
NOI $23,757 @ 7.0% cap · market cap 7.95%
Theoretical Best
Specialty Retail
$602.4K
$527.1K – $702.8K
NOI $42,167 @ 7.0% cap · market cap 14.10%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Open Analytics
Lease Details
100%
Occupancy
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
501
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
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Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Triplex - All three residences are occupied and include central air, natural gas heat, and private patios.
Where is this triplex located?
The property is located at 8306 Woodview Drive East #850.00 Sherwood, AR.
What is the asking price?
The asking price for this property is $299,000.
What are key features of this property?
This property features: 3,158‑square‑foot triplex with three occupied units; Two parking spaces and a private patio with storage for each unit; New roof installed November 2025; exterior paint completed July 2026
