Property profile

717 Sixth St Charleston, AR 72933

OFF-MARKET
Apartment buildings
Property ID
US05-1484996
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Property summary

AI-generated overview

This exceptional multifamily investment property, located at 717 6th St, Charleston, AR 72933, presents a compelling opportunity for savvy investors. The property consists of two well-maintained duplexes, totaling four units, each boasting two bedrooms and one bathroom. Currently operating at 100% occupancy, the property generates a stable income stream with an average monthly rent of $450 per unit. Each unit includes convenient laundry hookups, and residents enjoy small patio areas. The property sits on a sizable lot of approximately 0.25 acres, offering potential for future expansion or development. Classified as a Class C multifamily building, this value-add investment presents significant upside potential through various strategies, including rent increases or property upgrades. The asking price is $200,000, translating to an attractive price per unit of $50,000. This is a rare opportunity to acquire a well-performing, multifamily property in a stable market. The property's strong occupancy rate and potential for increased profitability make it an ideal addition to any investment portfolio. Don't miss this chance to secure a valuable asset in the thriving Charleston, Arkansas market.

Property profile

Verified
Property type Apartment buildings
UPID US05-1484996

Cap rate & NOI

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

Location

717 Sixth St Charleston, AR 72933
Charleston metro
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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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