510 8Th StRogers, AR 72756

Property Details for 510 8Th St

Lot size

0.51 AC

Property size (Sq ft)

1,356 SF

Property type

Land

Property subtype

Commercial land

APN

02-07720-000

APU

207720000

Description

This exceptional Class A, 2023-built apartment building, located at 510 N 8th St, Rogers, AR 72756, presents a compelling investment opportunity. The property boasts 11 fully furnished townhomes, each ranging from 550 to 750 square feet, totaling 5,056 square feet. Situated in a vibrant, walkable area near the historic Rogers water tower and within an Opportunity Zone, this Scandinavian-style complex offers residents convenient access to downtown amenities. Outdoor amenities include a fire pit and ample green space. Residents enjoy proximity to the Razorback Greenway Trail System (a three-minute bike ride) and are a short seven-mile drive from the Walmart headquarters in Bentonville. The property features a parking ratio of 2.57 per 1,000 square feet. With an asking price of $2,650,000 ($524.13 per square foot) and an average monthly rental income of $26,000, this multifamily investment offers strong potential for return. The property's prime location in the rapidly growing Northwest Arkansas region, combined with its modern design and desirable amenities, makes it an attractive proposition for discerning investors. This is a newly constructed property, offering the benefit of minimal maintenance and immediate income generation.

• Alternative Use

  Use

  Valuation

  Residential

  $135,299

  Hospitality

  $123,933

  Educational

  $103,111

  Medical

  $106,657

  Retail

  $160,395

Location Insight

City

Rogers

County

Benton

State

Arkansas

Latitude

36.3378

Longitude

-94.126

CBSA code

22220

CBSA name

FAYETTEVILLE-SPRINGDALE-ROGERS, AR-MO METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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