Building Details

Year Built 1994

Buildings 1

Listing Agency: The Brandon Group Show Phone

Listed By: Your NWA Home Group Show Phone

Source: Yournwahome

Added: Aug 22 Changed: Aug 28 Last Checked: Aug 28 at 10:19AM

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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 The Brandon Group

Investment Insights

Based on property information with market context.

This duplex contains two residential units and was constructed in 1994. One side is occupied on a month-to-month arrangement, while the second unit requires comprehensive interior work, including repainting, new flooring, and additional renovation.

The property is located at 90–92 S Centennial Ave in West Fork, Arkansas, and includes approximately 900 square feet of property size as reported. The unit configuration provides separate living spaces within one residential income property.

Key Highlights

• Two‑unit duplex at 90–92 S Centennial Ave, West Fork, AR 72774
• Approximately 900 square feet of property size
• Built in 1994

Financial Insights

Estimated NOI and Cap Rate

NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).

NOI / Yr

$8,099

Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.

Cap Rate

4.15%

Suggested Prices Based on Cap Rates Cap rates vary significantly by property type, market, and asset quality. Typical U.S. stable-market ranges: Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+) Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand) Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically) Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher) Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk) Self-Storage — 5.5% to 7.5% Medical Office — 6.0% to 7.5% Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term Rules of thumb: Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%). Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C. Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI. Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.

Cap Rate 5%

$161,980 $162.0K

Cap Rate 7%

$115,700 $115.7K

Cap Rate 9%

$89,989 $90.0K

Market Conditions

NOI Build-Up for 900 SF 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.

Gross rent

$12.4K $13.80/SF

− Vacancy

−$850 −$0.94/SF

EGI

$11.6K $12.86/SF

− OpEx

−$3.5K −$3.86/SF

NOI

$8.1K $9.00/SF

Area

Washington County, AR

Vacancy

6.84%

Lease Rate

$13.80 /SF/Yr

Expense Ratio

30.00%

Simulate Cap Rate and NOI

Suggested Prices Based on Cap Rates Cap rates vary significantly by property type, market, and asset quality. Typical U.S. stable-market ranges: Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+) Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand) Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically) Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher) Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk) Self-Storage — 5.5% to 7.5% Medical Office — 6.0% to 7.5% Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term Rules of thumb: Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%). Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C. Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI. Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.

Cap Rate 5%

$161,980

Cap Rate 7%

$115,700

Cap Rate 9%

$89,989

Alternative Uses

Best Use

Multifamily LT 5

$115.7K

$101.2K – $135.0K (±1% cap)

NOI $8,099 @ 7.0% cap · market cap 4.15%

Second Best

Apartment 5plus

$102.4K

$89.6K – $119.4K (±1% cap)

NOI $7,166 @ 7.0% cap · market cap 3.67%

Theoretical Best

Office A

$241.6K

$211.4K – $281.8K (±1% cap)

NOI $16,910 @ 7.0% cap · market cap 8.67%

Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Property Profile

Current Use

Duplexes

Suggested Use

Top Pick Real Estate Agency Auto Repair Shop Building Supply Hair Salon Big Box & Wholesale Store Nail Salon

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2

Residential units

Location Intelligence

Trade Area within ½ mile

104

Businesses Nearby

Explore this area Business Placement

Demographics for 72774, AR

6,309

Population

2,882

Households

2.2

Avg Household Size

44

Median Age

31%

College-Educated

91%

High-School Grad

120.1 sq mi

ZIP Area

53

Density / Sq Mi

$70,350

Median Household Income

$42,066

Median Earnings

$1,118

Median Rent

$205,600

Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022

10.2% 2023

11.4% 2024

11.3% 2025

Questions? Ask Rey

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What type of property is this? Where is this duplexes located? What is the asking price? Find similar properties ... What are key features of this property?

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Frequently Asked Questions

What type of property is this?

Duplex - Two-unit residential income property with one side occupied and the other requiring substantial interior work.

Where is this duplex located?

The property is located at 90 - 92 S Centennial Ave West Fork, AR.

What is the asking price?

The asking price for this property is $195,000.

What are key features of this property?

This property features: Two‑unit duplex at 90–92 S Centennial Ave, West Fork, AR 72774; Approximately 900 square feet of property size; Built in 1994