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3828 Ar-284, Wynne, AR 72396

Wynne
Local realty services provided by:CENTURY 21 First Choice Realty
3828 Ar-284,, AR 72396
$339,000
  • - Beds
  • - Baths
  • 4,752 sq. ft.
  • Multi-family
  • Active
Listed by: lindsey cotton
Office: harmon real estate company
MLS#:1092926
Source:AR_FSBOR

Price summary

  • Price:$339,000
  • Price per sq. ft.:$71.34

About this home

Rolling Hills Estates, a six-unit apartment property at 3828 Hwy 284 in Wynne, Arkansas. Every unit is a 792 SF, 2-bedroom, 1.5-bath floor plan with washer/dryer hookups (4,752 SF building), and all six are occupied at $500 a month, the same rent as the most recent lease signed at the property in June 2026. Residents pay all utilities. At the list price, Year 1 net operating income is $22,743 on in-place rents, with real estate taxes reset at the purchase price. In-place rents sit well below the $819 market rent modeled for the property; moving units to that level as leases renew or turn produces a stabilized NOI of $44,563, a 13.15% Pro Forma cap rate. With a uniform unit mix, laundry hookups in every unit and a small footprint, Rolling Hills Estates suits a first-time investor or an owner adding doors in Cross County.

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Home facts

  • Year built:1995
  • Subdivision & Development:-
  • Listing ID #:1092926
  • Added:1 day(s) ago
  • Updated:November 05, 2026 at 07:40 PM

Rooms and interior

  • Flooring:Carpet, Vinyl
  • Living area:4,752 sq. ft.

Heating and cooling

  • Cooling:Central Air
  • Heating:Gas
  • Central air:Yes

Structure and exterior

  • Roof:Asphalt, Shingle
  • Year built:1995
  • Building area:4,752 sq. ft.
  • Lot area:3.8 Acres
  • Lot Features:Sloped
  • Construction Materials:Brick
  • Levels:1 Story

Schools

  • High school:Wynne High School
  • Middle school:Wynne
  • Elementary school:Wynne

Finances and disclosures

  • Price:$339,000
  • Price per sq. ft.:$71.34
  • Tax amount:$2,113

Features and amenities

  • Appliances:Gas Water Heater

Parking

  • Parking description:Asphalt Driveway

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