Property
Beds
None
Full Baths
None
1/2 Baths
None
Year Built
2003
Sq.Footage
9,656
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.
Features & Amenities
Interior
-
Total Bedrooms
N/A
-
Bathrooms
N/A
-
Cooling YN
YES
-
Cooling
Electric, Central Air
-
Heating YN
YES
-
Heating
Wall Furnace
-
Pet friendly
N/A
Exterior
-
Garage
No
-
Construction Materials
Brick, Frame, Vinyl Siding
-
Pool
No
Area & Lot
-
Lot Features
Landscaped
-
Lot Size(acres)
1.12
-
Property Type
Commercial Sale
-
Architectural Style
Garden
Price
-
Sales Price
$895,000
-
Tax Amount
$5,634.32
-
Sq. Footage
9,656
-
Price/SqFt
$92
HOA
-
Association
No
School District
-
Elementary School
N/A
-
Middle School
N/A
-
High School
N/A
Property Features
-
New Construction
NO
-
Foundation Details
Slab, None
-
Sewer
Public Sewer
-
Water Source
Public
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Location
County
Garland
Elementary School
Middle School
High School
Listing Courtesy of Jonathan Minerick , Homecoin.com
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Branch Broker
Rhonda Scott
Call Rhonda today to schedule a private showing.
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