For Sale
$2,250,000

1205 Caddo St Arkadelphia, AR 71923

34-Unit Apartment Complex, High Occupancy

Overview

Added:
Dec 11, 2024
Days on market:
132
This exceptional 34-unit apartment complex in Arkadelphia, Arkansas, presents a compelling investment opportunity. Located at 1205 Caddo St, this property encompasses 25,552 square feet on a 1.08-acre lot and consists of four buildings. Currently boasting a 100% occupancy rate, the complex offers significant income potential. Approximately half of the units have been recently remodeled, featuring modern aesthetics and functionality. The remaining units provide an opportunity for value-add improvements. Residents enjoy the convenience of an on-site laundry facility. Significant property enhancements have already been completed by the seller. Security is a top priority, with a comprehensive 16-camera security system offering remote viewing and recording capabilities. The asking price for this multifamily investment is $2,250,000. The property is situated in Clark County, Arkansas, zip code 71923. Broker co-op is available.

Highlights

  • 34-unit apartment complex in Arkadelphia, AR, offering significant income potential with 100% occupancy.
  • 25,552 square feet on a 1.08-acre lot, comprised of four buildings.
  • Approximately half the units recently remodeled; remaining units offer value-add opportunities.
  • On-site laundry facility and 16-camera security system with remote viewing.
  • $2,250,000 asking price; Broker co-op available.

Property Details for 1205 Caddo St

Property type
Apartment buildings
Square Feet
25,552 SF
Buildings
4
Lot Size (sq. ft)
47,045 SF
Units
34

Location Insight

City
Arkadelphia
County
Clark
State
Arkansas
Latitude
34.121110661791
Longitude
-93.061435003255

FAQs

What type of property is this?
Apartment building - 34-Unit Apartment Complex, High Occupancy
Where is the apartment building located?
The property is located at 1205 Caddo St Arkadelphia, AR.
What is the asking price?
The asking price for this property is $2,250,000.
What are key features of this property?
This property features: 34-unit apartment complex in Arkadelphia, AR, offering significant income potential with 100% occupancy.; 25,552 square feet on a 1.08-acre lot, comprised of four buildings.; Approximately half the units recently remodeled; remaining units offer value-add opportunities.
How can I contact the broker?
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1205 Caddo St
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