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Updated over 3 years ago on . Most recent reply
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Comparing between Benton and Sherwood
Hi folks,
I'm planning to invest in little rock area and I've narrowed down my search to Benton and Sherwood areas. They both have nice RTV ratios from some search on MLS, but I'd also like to compare the tenant quality, turnover rate (vacancy time / rent market), and any specific areas to avoid. Would really appreciate any input from anyone with experience in these areas!
My plan will be buy-and-hold long term and generating cashflows. Purchase range is 140k-200k.
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@Matthew Gu Both are great areas. I can speak for apartments in these "suburbs" of Little Rock, but they are actually cities on their own. Sherwood has a couple of pockets that are not as attractive as most of it, but it is not major.
North of Gravel ridge road can be patchy, closer to Jacksonville. Typically I will rather be away from the highways.
You need to consult your property manager before buying.