3353 Carrington Rd Cabot, AR 72023
Property profile & analytics
3353 Carrington Rd Cabot, AR 72023
- Residential income homes
- 10.00 lot acres
Property ID
US05-2308300
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
Location Intelligence
Current Use by Public Records
- Residential income homes
Property Details for 3353 Carrington Rd
- Year built
- 1994
- Lot size
- 10.00 lot acres
- Property type
- Residential income homes
Description
This exceptional investment opportunity presents a 5-unit multifamily portfolio situated on 10 acres in Cabot, Arkansas. The property comprises five parcels, including two single-family homes, a studio apartment, and two mobile homes. The larger single-family home at 3353 Carrington Road boasts 1,633 square feet, three bedrooms, two bathrooms, and sits on 1.27 acres. It features a new roof (2023) and is currently vacant. The second single-family home, located at 3403 Carrington Road, offers 1,783 square feet, three bedrooms, three bathrooms, a two-car garage, and a shop, all on 2 acres. While it has a new roof (2021), minor repairs are needed due to prior termite damage (a clearance letter is available). An 800-square-foot studio apartment on 0.88 acres at 3415 Carrington Road requires repairs to become rentable. Additionally, the portfolio includes two mobile homes: a 1,568-square-foot double-wide (3 bedrooms, 2 baths) at 3541 Carrington Road and a 2,100-square-foot triple-wide (3 bedrooms, 2 baths) at 3585 Carrington Road, each on approximately 1.3 acres. The property also includes three additional vacant acres. Current rental income totals $43,200 annually, offering a 6.17% cap rate. The asking price is $700,000 ($140,000 per unit). The property is being sold as a whole, but offers to subdivide will be considered. This prime location just outside Cabot city limits provides easy access to Cabot and Jacksonville, benefiting from the area's high growth potential. The property is sold as-is. A detailed breakdown of lot sizes, structures, and rental rates is available.
Value Estimations
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Location Insight
- Map
- Local Demand
- City
- Cabot
- County
- Lonoke
- State
- Arkansas
- Longitude
- -92.0730701
- Latitude
- 34.9327434
