1011 Silverthorn Dr Centerton, AR 72719

Property Details for 1011 Silverthorn Dr

Property size

1,358 SF

Property type

Residential income homes

Description

This exceptional investment opportunity presents a portfolio of twenty meticulously maintained single-family rental homes located in the desirable Northwest Arkansas area, specifically in Centerton and Rogers. The portfolio comprises three distinct subdivisions: Briar Rose (Centerton, 3 units), Bellewood (Centerton, 9 units), and Garrett Road (Rogers, 8 units). Each home boasts an average of 1,443 square feet, featuring three bedrooms and two bathrooms, providing comfortable and spacious living for tenants. The average rental income per unit is $1,348, generating a strong cash flow and a compelling 4.99% capitalization rate. The homes are currently fully occupied, presenting immediate income and the potential for future rent increases. The asking price for the entire portfolio is $6,500,000, with an average price per unit of $325,000 and a price per square foot of $226.80. The properties are situated on a combined lot size of 28,659 square feet. This portfolio offers a rare opportunity to acquire a substantial, high-performing rental investment in a rapidly growing market with a proven track record of strong rental demand. The average age of the homes is six years, indicating excellent condition and minimal immediate maintenance needs. This is an ideal investment for those seeking a diversified, income-producing asset in a prime location. The properties are located in Benton County, Arkansas, with addresses spanning Centerton (zip code 72719) and Rogers (zip code 72758).

Location Insight

City

Centerton

County

Benton

State

Arkansas

Longitude

-94.2991

Latitude

36.3723