Property profile

389 Ar-174 Hope, AR 71801

OFF-MARKET
Specialty properties
120,000 SF 24 ac lot Built 1985
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Property summary

AI-generated overview

This exceptional investment opportunity in Hope, Arkansas, presents a turnkey poultry operation with significant upside. The property encompasses 24 acres of land, strategically located adjacent to the Foster Farms chicken hatchery and the University of Arkansas Southwest Research and Extension Center. The existing infrastructure includes eight buildings, totaling 120,000-140,000 square feet, featuring four recently renovated (2024) 50x600-foot chicken houses currently operating under a Foster Farms contract. Supporting the operation are two mobile homes for workforce housing and a remodeled 1,734 square-foot main home. Additional improvements include a pole barn and extensive fenced and cross-fenced areas. Built in 1985, the property offers a strong NOI of $137,598 and a compelling 15.29% cap rate, making it an attractive investment for owner-users seeking a high return. The property is offered fee simple with an APN of 001-03770-000. This Class C mixed-use property presents a rare opportunity to acquire a well-established and profitable poultry farm in a prime agricultural location. The asking price is $900,000.

Property profile

Verified
Property type Specialty properties
Year built 1985
Total area 120,000 SF
Lot 24 ac (1,045,440 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

389 Ar-174 Hope, AR 71801
Hope metro
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Value estimations

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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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