$500,000
$550,000
9.1%For more information regarding the value of a property, please contact us for a free consultation.
1103 N 26th Street Arkadelphia, AR 71923
6,703 SqFt
Key Details
Sold Price $500,000
Property Type Multi-Family
Sub Type Apartments
Listing Status Sold
Purchase Type For Sale
Square Footage 6,703 sqft
Price per Sqft $74
Subdivision Pine Hills Park
MLS Listing ID 24033937
Sold Date 02/07/25
Style Built to Suit
Annual Tax Amount $2,859
Lot Size 0.590 Acres
Acres 0.59
Property Sub-Type Apartments
Property Description
Located just minutes away from two Universities in Arkadelphia, Arkansas, this seven-unit apartment complex is a prime investment opportunity. The property features three fully remodeled units, each currently rented at $950 per month, providing modern living spaces that attract high-quality tenants. Additionally, there are four partially remodeled units, rented at $650 per month, offering great potential for increased revenue with further upgrades. Boasting a 100% occupancy rate, this complex is a testament to its desirable location and well-maintained condition. Whether you're looking to expand your portfolio or secure a steady income stream, this property presents a compelling option.
Location
State AR
County Clark
Area Arkadelphia
Zoning R-3
Rooms
Kitchen Free-Standing Stove
Interior
Heating Mini Split
Flooring Partial Carpet, Laminate
Equipment Free-Standing Stove
Exterior
Parking Features Parking Pads
Utilities Available Sewer-Public, Water-Public
Roof Type Architectural Shingle
Building
Lot Description Level
Foundation Slab
New Construction No
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Bought with Crye*Leike Pro Elite Realty