$760,000
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8,308 SqFt
SOLD DATE : 08/29/2025
Key Details
Property Type Multi-Family
Sub Type Apartments
Listing Status Sold
Purchase Type For Sale
Square Footage 8,308 sqft
Price per Sqft $88
Subdivision Mazzard Tracts
MLS Listing ID 25013004
Style Other (see remarks)
Year Built 1988
Annual Tax Amount $2,947
Lot Size 0.500 Acres
Property Sub-Type Apartments
Property Description
This fully updated 12-unit apartment complex serves as a fantastic investment opportunity. Located in a prime area, this property consists of 7 one-bedroom units and 5 two-bedroom units, offering a diverse tenant mix and strong demand for rental space. The on-site laundry room provides convenient amenities for residents. There is an additional vacant room that can be used as a versatile space perfect for conversion into a gym, office, or additional community area. Strong opportunity to raise rents to market levels, maximizing income potential. This property is a great fit for investors looking for a well-maintained asset with immediate cash flow and room for future growth.
Location
State AR
County Sebastian
Area Sebastian County
Zoning RM-3
Rooms
Kitchen Free-Standing Stove, Electric Range, Refrigerator-Stays
Interior
Heating Other (see remarks)
Flooring Vinyl
Equipment Free-Standing Stove, Electric Range, Refrigerator-Stays
Exterior
Parking Features Assigned
Utilities Available Sewer-Public, Water-Public, Electric-Municipal
Roof Type Architectural Shingle,Pitch
Building
Lot Description Level
Foundation Slab
New Construction No
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Bought with FNIS - Organization Name
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Broker | License ID: 2019046646