BEDS0
BATHS
SQUARE FEET6,000
MLS#26031371
STATUSActive
PROPERTY TYPEMulti Unit - Multiple
SUBDIVISIONWilson
NEIGHBORHOODNEWPORT
Property Description
Turnkey income-producing multifamily opportunity in Newport, AR (Jackson County). 16 one-bedroom studio units, fully leased. Cinder block exterior and metal roof - durable, low-maintenance construction that minimizes long-term repair and replacement costs compared to wood-frame/shingle multifamily stock. There are 3 buildings which consists of Building #1-4 units, Building #2 & #3 -6 units each. Cash flowing opportunity from the first day of ownership.
Property Features
Property Type: Multi Unit - Multiple
Cooling: Window Units
Home Style: Traditional
Lot Size: 0.47 Acres
Roof Type: Metal
Stories: 1.0
Taxes: $1,709
Year Built: 1980
Amenities
Hot Water Heater-Electric
Feature Descriptions
Appliance(s)/Kitchen Equipment: Free-Standing Stove, Refrigerator-Stays
Days on Site: 13
Expenses Include: Taxes, Insurance, Maint./Lawn Care, Utilities, Trash, Electric, Water/Sewer
Exterior: Block
Lot Dimensions: 0.47 acre(s)
Number of 1 Bedroom Unit(s): 16
Parking Notes: Two Car
Sewer: Public Sewer
Units: 16
Water: Public Water
Local Schools
High School: Newport
Elementary School: Newport
Listed By / Shown By
Listed By
Agency Name: IMAGE Realty
Agency Phone: 870-236-2121
Shown By
Agency Title: Crye-Leike Real Estate Services
Agency Phone: 866-253-4666
Source: Arkansas MLS
Estimate Your Payment
Estimated Payment
$ 1,854.14 per month $1,513.39 Principal & Interest $142.42 Property Tax $198.33 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 2,800+ 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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3600 Johnson | MLS# 26031371
This multi-family property located at 3600 Johnson, Newport, AR 72112 is currently listed for sale with an asking price of $680,000. Search Newport real estate on www.clhomes.com today.