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Property profile & analytics
FOR LEASE
High-rise multifamily apartments
206 SW 8Th St, Bentonville, AR 72712
Entity Owned
9-yr Hold
~
Est. High Equity
Property ID
US05-0249918
For Lease
1 / 29
$31 SF/Yr
206 SW 8Th St, Bentonville, AR 72712
View Listing →
Property profile
Verified
Property type
High-rise multifamily apartments
Use group
HIGH-RISE APARTMENTS
Year built
2003
Total area
27,720 SF
Lot
1.36 ac (59,242 SF)
APN
01-02440-000
UPID
US05-0249918
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
Current use
Occupant on record · Public records
-
SGS North America Inc. Business To Business Service
-
Merchant Flats on 8th Vacation Rental
-
Burke Law Firm, P.A. Law Firm
-
Robinson Fresh Agricultural Supply Food Market
-
Artsy Merchant Meeting Rooms Marketing & Advertising Event Planning
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$3.48M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$2.85M
Owner & transaction history
City Of Bentonville Arkansas · 9 yrs held
City Of Bentonville Arkansas
since 2016
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Bentonville submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Bentonville submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$3,765,000
6.5%
$3,475,000
7%
$3,225,000
Blend value · Realmo final
$2.85M
Range $2.57M – $3.14M · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$103 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$56,588
Tax year 2023
Assessed value
$915,670
Assessed 2023
Previous assessed
$915,670
+0.0% YoY
Effective rate
6.18%
On assessed value
Assessed land
$533,170
Assessed improvement
$382,500
Land market value
$2,665,850
Improvement market value
$1,912,500
Total market value
$4,578,350
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
High-rise multifamily apartments
Use group
HIGH-RISE APARTMENTS
Status
For Lease
Year built
2003
Heating
NONE
Cooling
NONE
Buildings
2
Stories
3
Total area
27,720 SF
Lot
1.36 ac (59,242 SF)
APN
01-02440-000
UPID
US05-0249918
Jurisdiction
BENTON
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
2003
Heating
NONE
Cooling
Yes
Stories
3
Buildings
2
Lot
1.36 ac
Current owner
From public records · entity-resolved
City Of Bentonville Arkansas
Entity
Mailing address
206 SW 8TH ST STE #100, BENTONVILLE, AR 72712-7674
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2016
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
20 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 22, 2022
—
The Merchant Building LLC
—
Deed
related
$2,000,000 · Grand Savings Bank
Aug 12, 2020
—
Merchant Building Lc
—
Deed
related
—
Jun 4, 2020
—
Bmd Holdings LLC
—
Deed
related
—
Aug 6, 2019
—
Merchant Building LLC
—
Deed
related
—
Aug 24, 2018
—
Merchant Building LLC
—
Deed
related
—
Jul 21, 2017
—
Merchant Building LLC
—
Trustees Deed
related
$1,000,000 · Grand Svgs Bk
Sep 8, 2016
—
City Of Bentonville Arkansas
Merchant Building LLC
Warranty Deed
related
—
Feb 22, 2016
—
Merchant Building LLC
Bmd Holdings LLC
Warranty Deed
related
—
Dec 17, 2013
—
Bmd Holdings LLC
Harrison French Dev LLC
Grant Deed
related
—
Jan 30, 2009
—
Lora Frances Co
—
Grant Deed
related
$1,500,000 · Arvest Bank
—
—
Lora Frances Co
—
Deed Of Trust
related
$2,725,000 · Arvest Bank
—
—
Bmd Holdings LLC
—
Deed Of Trust
related
$1,637,880 · Grand Savings Bank
—
—
Bmd Holdings LLC
—
Deed Of Trust
related
$3,739,765 · Grand Savings Bank
—
—
Merchant Building LLC
—
Loan Modification
related
—
—
—
Lora Frances Co
—
Deed Of Trust
related
$1,000,000 · Arvest Bank
—
—
Bmd Holdings LLC
—
Loan Modification
related
—
—
—
Bmd Holdings LLC
—
Loan Modification
related
—
—
—
Merchant Building LLC
—
Loan Modification
related
—
—
—
Merchant Building Lc
—
Loan Modification
related
—
—
—
Lora Frances Co
—
Deed Of Trust
related
$1,972,091 · Arvest Bank
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
Try Rey
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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