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    OFF-MARKET
    Residential income homes

    517 5Th St, Hope, AR 71801

    6,047 SF Built 2008
    Property ID
    Property summary
    AI-generated overview

    This exceptional Hope, Arkansas investment opportunity comprises four single-family buildings totaling 6,047 square feet. Built in 2008, this portfolio boasts eight fully occupied units, each with two parking spaces, generating a substantial net operating income (NOI) of $47,131 and an 8.21% cap rate. The asking price is $574,000, or $71,750 per unit, representing a compelling price per square foot of $94.92. The property's prime location in Hope, Hempstead County, AR (71801) ensures strong rental demand. Individual addresses include 517 W 5th St, 709 S Pine St, 500 N McRae St, and 402 N Ferguson St. This turnkey investment offers immediate income generation and a strong rental history, making it an ideal addition to any portfolio seeking consistent, reliable returns. The property's well-maintained condition and desirable amenities further enhance its investment appeal. This is a rare opportunity to acquire a high-performing multifamily asset in a desirable location with proven profitability. The portfolio's solid performance and strong cash flow make it an attractive proposition for investors seeking immediate returns and long-term growth potential. The properties are one story each, offering easy maintenance and accessibility. This is a truly exceptional opportunity to acquire a well-established, high-performing multifamily investment property in a thriving Arkansas market.

    Property profile
    Verified
    Property type Residential income homes
    Year built 2008
    Total area 6,047 SF
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
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