840 Birdmaster Dr - Apartments FOR SALE


Pea Ridge, AR 72751
$13,200,000 USD
479-231-7833
840 Birdmaster Dr, Pea Ridge, AR for Sale
$13,200,000 USD
Apartments - FOR SALE
1/15
null | Request Cap Rate

840 Birdmaster Dr
Pea Ridge, AR 72751


HIGHLIGHTS

  • Forty Three 3-bed 2.5-bath townhomes at 1,630 square feet each, all units feature a 2-car garage, supplied washer and dryer, and fenced in backyard
  • Six miles and only a 10-minute drive to Bentonville and the new Walmart Home Office.
  • Bentonville has seen consistent year-over- year rent growth. In the past five years, average rents have increased by over 30%.
  • The median household income in Bentonville is now over $95,000, well above the national average.
  • Multifamily properties in Bentonville are under 5% on vacancy, a clear sign of healthy market fundamentals.

OVERVIEW

Birdmaster Townhomes is a newly constructed community of 43 spacious, 3-bedroom, 2.5-bath units. Completed in 2024 and fully leased at below-market rents, the property presents strong upside potential in a rapidly appreciating rental market. Located in the Bentonville suburb of Pea Ridge, just ten minutes from Bentonville and the new Walmart Headquarters, the townhomes benefit from the area's incredible growth and proximity to major employers. Bentonville’s robust economic profile, marked by a median household income exceeding $95,000 and a five-year rent growth of over 30%, supports continued high demand for quality rentals. With homeownership becoming increasingly out of reach and vacancy rates under 5%, Birdmaster Townhomes is well-positioned for long-term stability and appreciation.

FOR SALE DETAILS

PRICE

$13,200,000 USD

PRICE/SF

$307 USD /SF

# OF UNITS

43

PRICE/UNIT

$306,977

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Birdmaster Drive

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

2024

PARKING SPACES

-

LAND DETAILS

LAND ACRES

5.63 AC

LAND SF

245,243 SF

ZONING

-

APN/PARCEL ID

13-00184-583

ASK ABOUT THIS PROPERTY

Corey AllenGREAMore Info
479-231-7833

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Corey AllenGREAMore Info
479-231-7833

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.