2505 RIDGELAND CIR Pocahontas AR 72455

SVN Oak Realty Advisors is pleased to present the exclusive offering of Ridgeland Townhomes, a

48-unit multifamily community located at 2500 Ridgeland Circle in Pocahontas, Arkansas. Built in

2017, Ridgeland Townhomes delivers a well-balanced mix of thirty-six spacious two-bedroom, one bath

units averaging 1,486 square feet and twelve three-bedroom, three-bath units at 1,776 square

feet, each with washer/dryer, private patios, and yard access. The property is distinguished by

strong tenant appeal, demonstrated by historical income consistency and professional on-site

management, along with desirable amenities such as provided lawn care. Positioned within a

stable local employment base and accessible to regional services, Ridgeland Townhomes has

demonstrated operational resilience in the market.

The asset reports a trailing twelve-month effective gross income of $454,787 and corresponding

net operating income of $250,587, with a current expense ratio at 45% of EGI. In-place market

rents—averaging $895 per month for two-bedroom units and $1,295 for three-bedroom units—

are positioned for near-term rental growth, supported by modest capital improvements of $2,000

per unit, projected to achieve incremental premiums and pro forma post-renovation rents of up

to $900 and $1,310 per month, respectively. At the current asking price of $4,900,000 ($102,083

per unit, or $65.50 per square foot), investors are poised to realize a pro forma cap rate of 7.39%

and year-one cash |ow of $156,293 on stabilized operations. Ridgeland Townhomes offers

immediate scale, operational upside, and a compelling basis relative to comparable assets,

making it an exceptional opportunity for multifamily investors seeking yield and value in the

greater northeast Arkansas market.

NEWER CONSTRUCTION ASSET

Built in 2017, Ridgeland Townhomes offers modern

construction with contemporary layouts and

{nishes. The property requires minimal near-term

capital investment, appealing to core investors

seeking stability.

AMPLE ON-SITE AMENITIES

Community amenities include controlled access,

walking and biking trails, and ample resident

parking. In-unit features such as full kitchens,

washers/dryers, and modern appliances further

enhance tenant appeal.

SPACIOUS FAMILY-FRIENDLY UNITS

Featuring a mix of two- and three-bedroom

townhome-style units averaging over 1,400 square

feet, the community caters to families and long-term

tenants. Larger unit sizes differentiate the property

from typical multifamily supply in the region.

PROFESSIONAL PROPERTY MANAGEMENT

Ridgeland Townhomes is professionally managed by

AR Homes and Rentals, ensuring effecient operations

and strong tenant satisfaction. This established

management platform provides seamless continuity

for new ownership.

ATTRACTIVE BASIS AND UPSIDE POTENTIAL

Offered at approximately $102,000 per unit, the

property is priced below replacement cost for

comparable multifamily product. Modest upgrades

and rental adjustments present the opportunity to

enhance NOI and investor returns. Also there is excess land that is included.