For Sale Multi-Family MLS# 26026228

707 E Maryland

Sherwood, AR 72120

$2,200,000

About 707 E Maryland

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.

Property details

Property

Type
Apartments
MLS type
MultiFamily
Status
Active
Year built
1985
Living area
13,718 sqft
Price / sqft
$160
Lot
1.1 AC
Original price
$2,200,000
MLS #
26026228

Location

Subdivision
Spring Grove
County
Pulaski
Directions
North on Hwy 107, Turn right onto E Maryland Ave, property on the left

Location

Neighborhood
Spring Grove

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Listed by Sonya Rhea, IRealty Arkansas - Sherwood

Listing information is provided by the participating MLS / IDX program and is deemed reliable but not guaranteed. All information should be independently verified. Equal Housing Opportunity.