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    Apartment buildings

    1205 Caddo St, Arkadelphia, AR 71923

    25,552 SF 1.08 ac lot
    Property ID
    Property summary
    AI-generated overview

    This exceptional 34-unit apartment complex in Arkadelphia, Arkansas, presents a compelling investment opportunity. Located at 1205 Caddo St, this property encompasses 25,552 square feet on a 1.08-acre lot and consists of four buildings. Currently boasting a 100% occupancy rate, the complex offers significant income potential. Approximately half of the units have been recently remodeled, featuring modern aesthetics and functionality. The remaining units provide an opportunity for value-add improvements. Residents enjoy the convenience of an on-site laundry facility. Significant property enhancements have already been completed by the seller. Security is a top priority, with a comprehensive 16-camera security system offering remote viewing and recording capabilities. The asking price for this multifamily investment is $2,250,000. The property is situated in Clark County, Arkansas, zip code 71923. Broker co-op is available.

    Property profile
    Verified
    Property type Apartment buildings
    Total area 25,552 SF
    Lot 1.08 ac (47,045 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
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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