1205 Caddo St, Arkadelphia, AR 71923
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.