201 N 2Nd St, Austin, AR 72007
For Sale
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Austin Oaks is a brand new, 31-unit development in a fantastic location. The immediate submarket experienced over 10% rent growth over the past year and is poised for steady, continued growth as this pocket of the Little Rock Metro is one of the fastest growing areas in the state. The subject is located in the heart of Austin, Arkansas near shopping and retail with convenient access to Highway 67. Austin Oaks is within Cabot School district, which is one of the best school districts in Arkansas. Tenants will also enjoy a short drive (roughly three miles) to the dining and entertainment center of the city of Cabot, a highly-desirable suburb of Little Rock. With down payment of $2.2m there is the ability to do seller financing on the balance.
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.
