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2617 Church St Jonesboro, AR 72401

OFF-MARKET Land Google Maps
2 ac lot
Estimated value
No estimation on file for this property yet.
Property ID US05-1388309

Property summary

AI-generated overview

This exceptional investment opportunity presents a 2-acre lot in Jonesboro, Arkansas, ideally situated at 2617 N Church, zip code 72401. The property is classified as multifamily and commercial, encompassing a 10-unit mobile home park. Currently, there are no traditional apartment units on the site. The asking price for this property is $259,900. Located in Craighead County, this property offers significant potential for investors seeking a foothold in the Jonesboro market. The substantial 2-acre lot provides ample space for future development or expansion of the existing mobile home park. Detailed financial information is available upon request. This is a rare chance to acquire a well-positioned multifamily asset with considerable upside potential in a growing Arkansas community. The property's location at 35.874396 latitude and -90.70323 longitude offers easy access to local amenities and transportation routes. This turnkey investment is ready for a new owner to capitalize on its existing income stream and explore further development possibilities. Serious inquiries are encouraged to explore this promising investment opportunity further.

Property profile

Verified
Property type Land
Lot 2 ac (87,120 SF)
UPID US05-1388309

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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