2800-2814 E St Russellville, AR 72801
- Mixed-use properties
Current Use by Public Records
- Mixed-use properties
Property Details for 2800-2814 E St
- Property type
- Mixed-use properties
Description
This exceptional investment opportunity encompasses three 4-plex apartment buildings, totaling twelve units, strategically located in Russellville, Arkansas. Each unit boasts two bedrooms and one bathroom, equipped with a stove, refrigerator, washer, and dryer. Tenants are responsible for their own utilities. The buildings feature durable brick exteriors, and one 4-plex benefits from a recently installed new roof. Two of the 4-plexes are situated on a single parcel, while the third is conveniently located approximately five miles away. This property is offered at $740,000 and must be purchased as a single package. The property's strong performance is evidenced by a 6% vacancy rate last year. This presents a compelling tax-deferred exchange opportunity. Note that a separate 12-unit, two-story apartment building is currently under contract, and this offering is being presented as a backup option. The square footage is not currently available. All properties are located within Russellville, AR, zip code 72801, at 2800-2814 West E Street and a location approximately 5 miles away.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Russellville
- County
- 05115
- State
- Arkansas
- Longitude
- -93.1618
- Latitude
- 35.2904
