The Soapstone
Single Family
3
2
1940
Sqft
2006
$220,000
Purchase Price
$1,850
Rent / Mo
58.3%
Property Leverage
How Are Monthly Dividends Determined for The Soapstone?
Properties start paying dividends once they start generating income and may vary month to month. The monthly dividend is determined by analyzing several factors, including rental status, the amount of cash in the property's reserves, last quarter's cash flow, projected expenses, and lease renewal timing. For more information on why dividends may be increased, decreased or paused, please see our detailed FAQ. The rental history and dividend payments for each property can be found on the performance tab.
About
Well built, all brick home in West Fayetteville. Home has 3 Bedrooms and 2 Baths with a split floor plan perfect for families or roommates. Home features include spacious bedrooms, granite counters, jacuzzi soaker tub in master, gas fireplace, living room built-ins, surround sound, oversized garage, spacious backyard with covered patio, and extra storage unit in backyard and attic.
Tenant Leasing Process
The time needed to sign the first tenant lease is variable and can depend on several factors including seasonality and whether the property requires any sort of renovation. Historically the average time to lease has been 45 days and has ranged from a minimum of 7 days to over 90 days. For more details on each status, check out the different rental statuses here.
Rented
Rental Status
This property is eligible to start receiving dividends after its first lease is signed.
The Market
Northwest Arkansas
Northwest Arkansas contains the major cities of Fayetteville, Springdale, Rogers, and Bentonville, running north-south along I-49. The region is popular for the outdoor recreation available in and around the Ozark Mountains such as hiking and mountain biking. Northwest Arkansas is also home to many marquee employers. Bentonville is the birthplace and headquarters of Walmart, one of the largest retailers in the world. The region is also home to Tyson Foods and J.B. Hunt. The University of Arkansas, with over 23,000 undergraduate students, is located in Fayetteville.
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100%
Funded
102
Investors
$100,160
Invested