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    OFF-MARKET
    Land

    1300-1304 Santa Fe Cir, Jonesboro, AR 72401

    3,786 SF
    Property ID
    Property summary
    AI-generated overview

    This exceptional investment opportunity in West Jonesboro, Arkansas, presents three updated townhouse units totaling 3,786 square feet on a single lot at 1300-1304 Santa Fe Circle, zip code 72401. The property features a mix of occupied and vacant units, offering immediate income potential and flexibility. Each unit boasts recently installed amenities including new kitchen appliances and washers/dryers (still under warranty), energy-efficient insulated windows, and ongoing pest control. A unique advantage is that each unit includes a fully operational one-car garage, a rare find in this location. Unit 1300 (3 beds, 2 baths, 1417 sq ft) is vacant and features new bedroom carpeting. Units 1302 (2 beds, 1.5 baths, 1138 sq ft) and 1304 (3 beds, 1.5 baths, 1231 sq ft) are currently occupied and showcase new waterproof, stain-resistant flooring, updated internal/external doors, and modern light fixtures. All units are separately metered, with tenants responsible for their own utilities, minimizing landlord responsibilities. This turnkey property represents a low-maintenance investment opportunity with significant upside potential in a desirable West Jonesboro location. The asking price for this multifamily property is $419,000.

    Property profile
    Verified
    Property type Land
    Total area 3,786 SF
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
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    CAP Approach CAP
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    Blend (final) Blend
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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