2800-2814 E StRussellville, AR 72801

For Sale
$740,000
12-Unit Apartment Complex, Arkansas

Overview

Added:
Jan 24
Days on market:
81
This exceptional investment opportunity encompasses three 4-plex apartment buildings, totaling twelve units, strategically located in Russellville, Arkansas. Each unit boasts two bedrooms and one bathroom, equipped with a stove, refrigerator, washer, and dryer. Tenants are responsible for their own utilities. The buildings feature durable brick exteriors, and one 4-plex benefits from a recently installed new roof. Two of the 4-plexes are situated on a single parcel, while the third is conveniently located approximately five miles away. This property is offered at $740,000 and must be purchased as a single package. The property's strong performance is evidenced by a 6% vacancy rate last year. This presents a compelling tax-deferred exchange opportunity. Note that a separate 12-unit, two-story apartment building is currently under contract, and this offering is being presented as a backup option. The square footage is not currently available. All properties are located within Russellville, AR, zip code 72801, at 2800-2814 West E Street and a location approximately 5 miles away.

Highlights

  • Asking price: $740,000.
  • Property type: Mixed-use, consisting of three 4-plex apartment buildings totaling 12 units.
  • Unit features: Each unit is a 2-bedroom, 1-bathroom apartment with stove, refrigerator, washer, and dryer provided. Tenants pay utilities.
  • Building features: Brick exteriors; one 4-plex has a new roof.
  • Location: Three properties located in Russellville, AR (two on one parcel, one approximately 5 miles away).
  • Sale terms: Must be sold as a portfolio. Backup offers considered for a separate 12-unit apartment building.

Property Details for 2800-2814 E St

Property type
Mixed-use properties

Location Insight

City
Russellville
County
05115
State
Arkansas
Latitude
35.2904305
Longitude
-93.1617608
2800-2814 E St, Russellville, Arkansas

FAQs

What type of property is this?
Mixed-use property - 12-Unit Apartment Complex, Arkansas
Where is the mixed-use property located?
The property is located at 2800-2814 E St Russellville, AR.
What is the asking price?
The asking price for this property is $740,000.
What are key features of this property?
This property features: Asking price: $740,000.; Property type: Mixed-use, consisting of three 4-plex apartment buildings totaling 12 units.; Unit features: Each unit is a 2-bedroom, 1-bathroom apartment with stove, refrigerator, washer, and dryer provided. Tenants pay utilities.
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2800-2814 E St
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