Rare opportunity to acquire a stabilized 12-unit apartment community in one of Arkansas??? most desirable and supply-constrained rental and short-term rental markets. This two-story property consists of six units on the upper level and six units on the lower level, with convenient paved off-street parking for tenants. All units are spacious 2 bed / 1 bath layouts averaging approximately 805 square feet, offering an attractive and highly rentable unit mix for the local workforce and long-term tenant base. Current ownership has maintained consistently full occupancy while keeping rents below market, providing immediate upside for an investor seeking yield and appreciation through strategic rent increases and light interior renovations.
Listed By
Agency Name: Homecoin.com
Agency Phone: 888-400-2513
Shown By
Agency Title: Crye-Leike Real Estate Services
Agency Phone: 866-253-4666
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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416 Campbell St Street | MLS# 26033528
This commercial property located at 416 Campbell St Street, Hot Springs, AR 71913 is currently listed for sale with an asking price of $895,000. Search Hot Springs School District real estate on www.clhomes.com today.