Property summary
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
VerifiedCap rate & NOI
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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No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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