Centerton Duplex Investment
929 Kensington Drive Centerton, AR 72719
929 Kensington Drive, Centerton, AR, 72719
$499,000
For Sale
$499,000
Fully leased duplex in growing Centerton market with immediate cashflow.
Property Size2,545 SF
Price / SF$196.07
Days on Market158
Property Features for 929 Kensington Drive
General Information
- Standard status
- Active
- Size
- 2,545 SF
- Property subtype
- Multi Family
Building Details
- Year Built
- 2006
Listing Agency
Berkshire Hathaway HomeServices Solutions Real Est
(479) 200-3850
Listed by
Juan Perez · License #SA00062583
(479) 200-3850
Source
Exitrealty
Added: Feb 11 Checked: Jul 17 at 4:40 am
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 Berkshire Hathaway HomeServices Solutions Real Est
Investment Insights
Based on property information with market context.
This is a fully leased duplex located in Centerton. Each unit features 3 bedrooms, 2 bathrooms, and a 1-car garage. The units have a split-bedroom floor plan and an open-concept living area. Private, fenced backyards are included. The property has central heat and air. The roof was replaced approximately five years ago. The property offers immediate cash flow with a strong rental history and reliable tenant occupancy on both sides. The property size is 2545 square feet.
Key Highlights
- Fully leased duplex providing immediate cash flow.
- Located in the rapidly growing Centerton market.
- Each unit features 3 bedrooms, 2 bathrooms, and a 1‑car garage.
Local 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 | $35.1k | $13.80 |
| − Vacancy | −$1.9k | −$0.76 |
| EGI | $33.2k | $13.04 |
| − OpEx | −$10.0k | −$3.91 |
| NOI | $23.2k | $9.13 |
2,545 SF · lease $13.80/SF/yr · vacancy 5.51% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$331.9K
$290.4K – $387.2K
NOI $23,230 @ 7.0% cap · market cap 4.66%
Second Best
Apartment 5plus
$296.1K
$259.1K – $345.5K
NOI $20,728 @ 7.0% cap · market cap 4.15%
Theoretical Best
Office A
$699.4K
$612.0K – $816.0K
NOI $48,957 @ 7.0% cap · market cap 9.81%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Duplexes
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FAQs
What type of property is this?
Duplex - Fully leased duplex in growing Centerton market with immediate cashflow.
Where is this duplex located?
The property is located at 929 Kensington Drive Centerton, AR.
What is the asking price?
The asking price for this property is $499,000.
What are key features of this property?
This property features: Fully leased duplex providing immediate cash flow.; Located in the rapidly growing Centerton market.; Each unit features 3 bedrooms, 2 bathrooms, and a 1‑car garage.
