517 5Th St, Hope, AR 71801
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.