- For Sale $2,100,000
- Property Type Multi-Family
- Property Size 30,696 SF
- Units 24
- Lot Size 1.79 Acre
- Property Tenancy Single Tenant
- Year Built 1985
- Year Renovated 2025
- Date Updated May 4, 2026
Description
Rustic Woods is positioned in mid-town Fort Smith, Arkansas, on S. 50th Street between Rogers Avenue and Phoenix Avenue — the city's primary retail and service corridor. Fort Smith anchors a 290,000-person MSA on the Arkansas-Oklahoma border and serves as the region's medical, retail, and industrial hub.
The immediate submarket offers durable renter demand drivers. Mercy Hospital — the largest private employer in the metro — sits a five-minute drive from the property, and the Phoenix Avenue retail corridor (Walmart Supercenter, Sam's Club, Target-anchored retail, and adjacent dining) is within a half-mile. Interstate 540 access is under four minutes, connecting tenants to downtown Fort Smith, Chaffee Crossing, and the I-49 corridor running north toward Fayetteville and Bentonville.
The Fort Smith MSA's industrial base remains diverse, anchored by ABB (formerly Baldor Electric), Gerdau Steel, Trane Technologies, ArcBest Logistics, and a growing healthcare and education sector. Recent economic catalysts include the 188th Wing at Ebbing Air National Guard Base being selected to host the Department of the Air Force's Foreign Military Sales pilot training mission — a long-tenure program bringing sustained high-income housing demand. The U.S. Marshals Museum opened downtown in 2023, and Cherokee Nation Businesses continues to invest across the river in Roland and Sallisaw, Oklahoma, further broadening regional employment.Rustic Woods Townhomes is a 24-unit garden-style multifamily community comprised of six four-unit buildings on a quiet, well-treed lot off S. 50th Street. The asset offers a bifurcated product mix: 12 townhome-style units (2BR/1.5BA, two-story) in Buildings A, C, and E, and 12 single-level apartment units (2BR/1BA) in Buildings B, D, and F. Every unit features individual exterior entrances and dedicated parking, with no shared interior corridors and minimal common-area exposure.
Highlights
- 30,696 SF building | 24 units | Built 1985, renovated 2025
- 87.3% occupancy | Zoned RM-3 | Mid-town location in Fort Smith, AR
- Bifurcated product mix: 12 townhome-style 2BR/1.5BA + 12 apartment-style 2BR/1BA
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Contacts
Joshua Harmon
Harmon Real Estate Company
Location
Contact Listing Broker
Joshua Harmon
Harmon Real Estate Company