Property
Beds
None
Full Baths
None
1/2 Baths
None
Year Built
2023
Sq.Footage
33,468
Brand new multi-family community in Pea Ridge for sale with an estimated cap rate of 5.6%*. 24 total units made up of three all brick duplexes, two triplexes and three fourplexes. Located across the street from Pea Ridge Junior High and Elementary School. Rents range from $1,250 on the 2BR units to $1450 for a 3BR unit. There are 18-3BR units & 6-2BR units. Total projected gross rent income is $410,400*. Each unit is designed to be low maintenance with wood looking vinyl flooring, led lighting, all electric including energy efficient heat pumps. Every unit comes with a refrigerator and washer/dryer. Tenant pays all utilities. Owner would pay for mowing and landscape upkeep. For floor plans and more information ask for the marketing packet from your agent or contact listing agent.
Features & Amenities
Interior
Area & Lot
-
Lot Features
City Lot, Level
-
Lot Size(acres)
3.93
-
Property Type
Residential Income
-
Architectural Style
Ranch
Exterior
-
Garage
Yes
-
Garage spaces
2
-
Construction Materials
Brick
-
Parking
Concrete, Attached, Garage, Garage Door Opener
Financial
-
Sales Price
$5,700,000
-
Tax Amount
31252.0
-
Zoning
Multi Family
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Location
County
Benton
Elementary School
Middle School
High School
Listing Courtesy of Mayer Team , Better Homes and Gardens Real Estate Journey Bento
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Broker / Owner / REALTOR®
MikkiDennis
Call Mikki today to schedule a private showing.
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