1400 Jacobs AveFort Smith, AR 72908
For Sale
$1,599,000
18-Unit Apartment Complex, Fort Smith, AR
Overview
- Added:
- Dec 11, 2024
- Days on market:
- 125
Highlights
- 18-unit multifamily property located at 1400 Jacobs Ave, Fort Smith, AR 72908, totaling 15,920 square feet on a 36,862 square foot lot.
- Two buildings: a 10-unit, 8,512 sq ft building (built 1987) and an 8-unit, 7,408 sq ft building (built 2021).
- The 2021 building features granite counters, tile floors, central heating and air, and in-unit washer/dryer connections.
- Excellent rental history with ample parking.
- Current monthly income of $13,385 ($14,300+ market rent), generating $160,620 in annual income. Annual expenses include $9,321 in taxes, $9,322 in maintenance, $5,250 in insurance, and $13,200 in water/sewer/trash.
Property Details for 1400 Jacobs Ave
- Property type
- Apartment buildings
- Square Feet
- 15,920 SF
- Class
- B
- Buildings
- 2
- Stories
- 2
- Units
- 18
Location Insight
- City
- Fort Smith
- County
- Sebastian
- State
- Arkansas
- Latitude
- 35.32456643273
- Longitude
- -94.418792156281
1400 Jacobs Ave, Fort Smith, Arkansas
Nearby Similar for Sale
FAQs
- What type of property is this?
- Apartment building - 18-Unit Apartment Complex, Fort Smith, AR
- Where is the apartment building located?
- The property is located at 1400 Jacobs Ave Fort Smith, AR.
- What is the asking price?
- The asking price for this property is $1,599,000.
- What are key features of this property?
- This property features: 18-unit multifamily property located at 1400 Jacobs Ave, Fort Smith, AR 72908, totaling 15,920 square feet on a 36,862 square foot lot.; Two buildings: a 10-unit, 8,512 sq ft building (built 1987) and an 8-unit, 7,408 sq ft building (built 2021).; The 2021 building features granite counters, tile floors, central heating and air, and in-unit washer/dryer connections.
- How can I contact the broker?
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