5000 Allison LnFort Smith, AR 72901
For Sale
$2,400,000
22-Unit Apartment Building, Fort Smith, AR
Overview
- Added:
- Dec 11, 2024
- Days on market:
- 125
Highlights
- 22-unit apartment building in Fort Smith, AR, offering a value-add opportunity.
- Built in 2003, renovated in 2021, currently 100% occupied.
- Class B multifamily property with 22 three-bedroom, two-bathroom units, each 1,023 sq ft.
- Amenities include laundry hookups, central HVAC, and vinyl plank/tile flooring.
- Prime location near retail and employment, benefiting from Fort Smith's growth.
- Significant upside potential through rent increases and light upgrades; comparable units command a $418 premium.
Property Details for 5000 Allison Ln
- Property type
- Apartment buildings
- Class
- B
- Year Built/Renovated
- 2003/2021
- Buildings
- 11
- Stories
- 1
- Units
- 22
Location Insight
- City
- Fort Smith
- County
- Sebastian
- State
- Arkansas
- Latitude
- 35.3349787
- Longitude
- -94.4089259
5000 Allison Ln, Fort Smith, Arkansas
Nearby Similar for Sale
FAQs
- What type of property is this?
- Apartment building - 22-Unit Apartment Building, Fort Smith, AR
- Where is the apartment building located?
- The property is located at 5000 Allison Ln Fort Smith, AR.
- What is the asking price?
- The asking price for this property is $2,400,000.
- What are key features of this property?
- This property features: 22-unit apartment building in Fort Smith, AR, offering a value-add opportunity.; Built in 2003, renovated in 2021, currently 100% occupied.; Class B multifamily property with 22 three-bedroom, two-bathroom units, each 1,023 sq ft.
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