The Creekside
Single Family
3
2
1621
Sqft
2021
$311,500
Purchase Price
$1,920
Rent / Mo
0%
Property Leverage
How Are Monthly Dividends Determined for The Creekside?
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
The Creekside is a like-new home ready for new owners! Picture perfect with beautiful wood-look LVP flooring throughout, neutral gray walls , granite countertops in kitchen and baths. You'll love the kitchen with stainless steel appliances, plenty of white shaker cabinets, a coffee bar, island with large sink and breakfast bar. The dining area fits a family sized table. The home has an open concept living/kitchen/dining area w/ wall of windows letting in natural light. The primary suite with space for a king sized bed and room to spare. The barn door leads to bath featuring double sinks, great counter space, walk-in shower, and a dream sized closet! The other two bedrooms are large enough for queen beds.
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
587
Investors
$361,930
Invested