707 E Maryland, Sherwood, AR 72120
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707 E Maryland, Sherwood, AR 72120
707 E Maryland, Sherwood, AR 72120
707 E Maryland, Sherwood, AR 72120
707 E Maryland, Sherwood, AR 72120
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Image Realty NEA

Image Realty NEA

+1(870) 236-2121
$ 2,200,000
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707 E Maryland Sherwood, AR 72120

13,718 SqFt

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Apartments

Listing Status Active

Purchase Type For Sale

Square Footage 13,718 sqft

Price per Sqft $160

Subdivision Spring Grove

MLS Listing ID 26026228

Style Townhouse

Year Built 1985

Annual Tax Amount $12,815

Lot Size 1.100 Acres

Acres 1.1

Property Sub-Type Apartments

Property Description

Multifamily investment opportunity consisting of 18 townhome units plus an additional single-family residence. The townhome community features eighteen 2 bedroom, 1.5 bath units, each equipped with in-unit washers and dryers. The property also includes a separate 3 bedroom, 2 bath single-family home, providing additional rental income or on-site management housing. The property has been well maintained, including a new roof installed in 2026. The property is operating at a 7.18% cap rate based on current financials. With a desirable unit mix, strong rental demand, and multiple income streams, this is a solid investment opportunity for multifamily investors seeking stable cash flow and long-term value.

Location

State AR

County Pulaski

Area Sherwood

Zoning Residentia

Rooms

Kitchen Built-In Stove, Electric Range, Dishwasher

Interior

Interior Features Washer Connection, Washer-Stays, Dryer Connection-Electric, Dryer-Stays, All Units

Heating Central Cool-Electric, Central Heat-Gas

Flooring Tile, Luxury Vinyl

Equipment Built-In Stove, Electric Range, Dishwasher

Exterior

Exterior Feature Guttering

Parking Features Carport, Parking Pads, Four Car or More

Utilities Available Sewer-Public, Water-Public, Electric-Municipal, Gas-Natural

Roof Type Composition

Building

Lot Description Level, Corner Lot

Foundation Crawl Space, Slab

New Construction No

Listed by IRealty Arkansas - Sherwood • Sonya Rhea

NEARBY SCHOOLS & PROPERTIES

Image Realty NEA

Image Realty NEA

+1(870) 236-2121

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