BEDS0
BATHS
SQUARE FEET18,848
MLS#43951
STATUSActive
PROPERTY TYPEMulti Unit - Multiple
SUBDIVISIONLyndon
Property Description
Prime investment opportunity in West Memphis-16 unit Apts. Discover an exceptional Value-add opportunity located at Park& Ross in West Memphis, Arkansas This property features two 8-unit buildings for a total of 16 units ,ideally positioned for a full renovation project. The exterior renovations have been done ,offering a solid head start for investors -Interiors are ready for transformation-perfect for converting into modern upscale luxury rentals or high end multi family housing, with the growing demand for quality units in the area ,this project is teed up for the right buyer to bring their vision to life -Whether you are a seasoned developer or looking to enter high growth market ,this property provides the rare combination of location, structure, ,and opportunity ..Bring your plans, elevate the finish and unlock for full potential of this investment. LENDER IS WILLING TO HOLD THE MORTGAGE OR DO A JOINT VENTURE FIX AND FLIP THE PROPERTY ...LENDER IS WILLING TO DISCUSS OTHER OPTIONS.
Property Features
Property Type: Multi Unit - Multiple
Cooling: None
Heating: None
Lot Size: 0.81 Acres
Roof Type: Architectural
Taxes: $5,528
Year Built: 1950
Feature Descriptions
Appliances: Other Water Heater
Carport Y/N: No
Community Features: None
Cooling Y/N: No
Days on Site: 121
Exterior: Brick
Fireplace Y/N: No
Foundation: Block
Garage Y/N: No
Heating Y/N: No
HOA Y/N: No
Home Warranty Y/N: Yes
Horses Y/N: No
Listing Terms: Cash, Conventional
Lot Dimensions: .81 acres
Open Parking Y/N: No
Owner Pays: None
Parcel #: 37302000000
Sewer: Public Sewer
SQFT Building: 18848
Tenant Pays: All Utilities, Electricity, Gas, Sewer, Trash Collection
Units: 16
Water: Public
Window Features: Double Pane Windows
Local Schools
High School: West Memphis
Middle School: West
Elementary School: Bragg
Listed By / Shown By
Listed By
Agency Name: CARTER REALTY COMPANY
Agency Contact: 8707331600
Shown By
Agency Title: Crye-Leike Real Estate Services
Agency Phone: 866-253-4666
Source: Eakbor MLS
Estimate Your Payment
Estimated Payment
$ 2,713.59 per month $1,991.88 Principal & Interest $460.67 Property Tax $261.04 Homeowner's InsuranceChange Payment Information
Crye-Leike is a full-service real estate company founded in Memphis in 1977. Today it is ranked #4 in the nation and the largest real estate company serving markets in Tennessee, Arkansas, Georgia, Mississippi. Crye-Leike has a network of more than 3,200+ licensed sales associates, 600+ staff members and over 130+ branch and franchise offices located throughout a seven state region of Alabama, Arkansas, Florida, Georgia, Kentucky, Mississippi, and Tennessee. Crye-Leike also has a franchise location in Puerto Rico.
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215-219, Ross Avenue | MLS# 43951
This multi-family property located at 215-219, Ross Avenue, West Memphis, AR 72301 is currently listed for sale with an asking price of $895,000. Search West Memphis real estate on www.clhomes.com today.