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7816 Texas Rd - Texas Road Townhomes 8 Unit Apartment Building Offered at $1,212,000 at a 7% Cap Rate Fort Smith, AR 72908
Investment Highlights
- Each unit has a refrigerator
- New Construction, completed November 2025
- Each unit has a washer/dryer stack
Executive Summary
Tenant-occupied new-construction townhome portfolio (4 buildings / 8 units; 7,560 GBA). Townhome-style layout with private entrances supports strong tenant appeal and simplified operations. Each unit is equipped with major appliances, including refrigerator, microwave, and a stacked washer/dryer. Related party disclosure applies.
Property Facts
| Price | $1,212,000 | Property Type | |
| Price Per Unit | $151,500 | Building Class | B |
| Sale Type | Investment | Building Size | 7,560 SF |
| Cap Rate | 7% | No. Stories | 2 |
| Gross Rent Multiplier | 10.9 | Year Built | 2024 |
| No. Units | 8 |
| Price | $1,212,000 |
| Price Per Unit | $151,500 |
| Sale Type | Investment |
| Cap Rate | 7% |
| Gross Rent Multiplier | 10.9 |
| No. Units | 8 |
| Property Type | |
| Building Class | B |
| Building Size | 7,560 SF |
| No. Stories | 2 |
| Year Built | 2024 |
Amenities
- Smoke Detector
Unit Amenities
- Air Conditioning
- Dishwasher
- Disposal
- Washer/Dryer
- Heating
- Ceiling Fans
- Tile Floors
- Kitchen
- Granite Countertops
- High Speed Internet Access
- Refrigerator
- Oven
- Stainless Steel Appliances
- Tub/Shower
- Walk-In Closets
- Carpet
- Double Pane Windows
- Family Room
- Pantry
- Porch
- Vinyl Flooring
- Large Bedrooms
Site Amenities
- Individual Locking Bedrooms
- Private Bathroom
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7816 Texas Rd - Texas Road Townhomes
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