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    Property profile & analytics
    FOR SALE
    Commercial real estate

    1103 N 26Th St, Arkadelphia, AR 71923

    6,703 SF 0.59 ac lot
    Property ID
    US05-2288535
    Property summary
    AI-generated overview

    This exceptional 7-unit apartment complex in Arkadelphia, Arkansas, presents a compelling investment opportunity. Situated on a 0.59-acre lot, this property comprises two, two-story buildings totaling 6,703 square feet. Three units have undergone complete renovations in 2024 and command a monthly rent of $950 each, while four partially renovated units rent for $650 per month. Currently boasting 100% occupancy, this property benefits from its proximity to two local universities, ensuring a consistent demand for rental units. The R-3 zoning allows for flexibility in future development or management strategies. The complex offers a blend of immediate income generation from existing tenants and significant potential for increased revenue through further upgrades to the partially renovated units. This turnkey investment is ideal for those seeking a stable, high-return property in a thriving Arkansas market. The property's strong performance and location make it an attractive addition to any investment portfolio. The asking price is $550,000.

    Property profile
    Verified
    Property type Commercial real estate
    Total area 6,703 SF
    Lot 0.59 ac (25,700 SF)
    UPID US05-2288535
    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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