Property summary
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.
Property profile
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Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Value estimation
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from $99/month
Cap rate
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from $99/month
Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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