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510 N 8th St

11 Unit Apartment Building $2,650,000 ($240,909/Unit) Rogers, AR 72756

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Investment Highlights

Newly built Scandinavian-style multifamily property near the old Rogers water tower, within walking distance of downtown – located in an Opportunity
Three-minute bike ride to the Razorback Greenway Trail System; 7- mile drive to Walmart HQ in Bentonville

Property features 11 fully furnished townhomes (550 – 750 SF), a fire pit and space for other amenities
Parking ratio: 2.57/1,000 SF

Executive Summary

o Newly built Scandinavian-style multifamily property near the old Rogers water tower, within walking distance of downtown – located
in an Opportunity Zone
o Property features 11 fully furnished townhomes (550 – 750 SF), a fire pit and space for other amenities
o Three-minute bike ride to the Razorback Greenway Trail System; 7-mile drive to Walmart HQ in Bentonville
o Parking ratio: 2.57/1,000 SF

OM - 510 N 8th St, Rogers, AR_10.1.2024

Property Facts

Price	$2,650,000	Building Class	B
Price Per Unit	$240,909	Lot Size	0.51 AC
Sale Type	Investment	Building Size	5,056 SF
No. Units	11	No. Stories	1
Property Type	Multifamily	Year Built	2023
Property Subtype	Apartment	Parking Ratio	2.57/1,000 SF
Apartment Style	Townhome	Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.

Price	$2,650,000
Price Per Unit	$240,909
Sale Type	Investment
No. Units	11
Property Type	Multifamily
Property Subtype	Apartment
Apartment Style	Townhome
Building Class	B
Lot Size	0.51 AC
Building Size	5,056 SF
No. Stories	1
Year Built	2023
Parking Ratio	2.57/1,000 SF
Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.