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Investment Highlights

  • Stabilized asset — 100% occupied / fully leased
  • Refrigerator included in each unit
  • Located in an established neighborhood
  • Convenient to schools + daily amenities
  • Recently built with modern interiors
  • Durable, low-maintenance stained/sealed concrete flooring (easy turns, long wear)

Executive Summary

Stabilized multifamily asset consisting of two duplexes totaling four units, fully leased with in-place income. Each 2-bedroom, 2-bath unit features quartz countertops, sealed concrete flooring, modern finishes, refrigerator included, and washer/dryer connections. Low-maintenance ownership profile with durable interior selections designed for long-term performance. Email for operating details; available to qualified buyers upon request.

Financial Summary (Pro Forma - 2025)

Annual (CAD) Annual Per SF (CAD)
Gross Rental Income $65,417 $18.75
Other Income - -
Vacancy Loss - -
Effective Gross Income $65,417 $18.75
Taxes $3,616 $1.04
Operating Expenses $8,843 $2.54
Total Expenses $12,459 $3.57
Net Operating Income $52,958 $15.18

Financial Summary (Pro Forma - 2025)

Gross Rental Income (CAD)
Annual $65,417
Annual Per SF $18.75
Other Income (CAD)
Annual -
Annual Per SF -
Vacancy Loss (CAD)
Annual -
Annual Per SF -
Effective Gross Income (CAD)
Annual $65,417
Annual Per SF $18.75
Taxes (CAD)
Annual $3,616
Annual Per SF $1.04
Operating Expenses (CAD)
Annual $8,843
Annual Per SF $2.54
Total Expenses (CAD)
Annual $12,459
Annual Per SF $3.57
Net Operating Income (CAD)
Annual $52,958
Annual Per SF $15.18

Property Facts

Price $751,971 CAD
Price Per Unit $187,993 CAD
Sale Type Investment
Cap Rate 7.04%
Gross Rent Multiplier 11.5
No. Units 4
Property Type
Multifamily
  • Multifamily Apartments
Building Class A
Lot Size 0.56 AC
Building Size 3,488 SF
Average Occupancy 100%
No. Stories 1
Year Built 2024

Amenities

  • Smoke Detector

Unit Amenities

  • Air Conditioning
  • Dishwasher
  • Microwave
  • Washer/Dryer Hookup
  • Heating
  • Ceiling Fans
  • Refrigerator
  • Oven
  • Stainless Steel Appliances
  • Range
  • Tub/Shower
  • Walk-In Closets
  • Island Kitchen
  • Linen Closet
  • Porch
  • Large Bedrooms
  • Quartz Countertops

Site Amenities

  • Private Bathroom

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
2+2 4 $1,363 CAD -
Somewhat walkable
30/100
Exceptionally drivable
100/100
Somewhat bikeable
30/100

Property Taxes

Property Taxes

Parcel Number
11202-0001-00000-00
Land Assessment
$4,109 CAD
Improvements Assessment
$118,288 CAD
Total Assessment
$122,397 CAD
Annual Taxes
$3,616 CAD ($1.04 CAD/SF)
Tax Year
2025
  • Listing ID: 34900724

  • Date on Market: 2025-02-21

  • Last Updated:

  • Address: 5600 Spradling Ave, Fort Smith, AR 72904

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