The Lierly
Single Family
3
2
1827
Sqft
2010
$215,000
Purchase Price
$1,850
Rent / Mo
61%
Property Leverage
How Are Monthly Dividends Determined for The Lierly?
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
This lovely home sits on a corner lot on the edge of a private neighborhood in Fayetteville. Residents can enjoy the back deck with friends and family overlooking beautiful sunset views in the evening. The home features a split floor plan, large master suite, and spacious bathrooms on each end. Plenty of storage throughout and updated fixtures in the kitchen and bathrooms.
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
$94,560
Invested