BEDS0
BATHS
SQUARE FEET8,000
MLS#26034490
STATUSActive
PROPERTY TYPEMulti Unit - Multiple
SUBDIVISIONHavis & Moon
NEIGHBORHOODPINE BLUFF (EAST CENTRAL)
Property Description
Excellent investment opportunity featuring a 10-unit apartment complex with the majority of the rehabilitation already completed. The property consists of eight 2-bedroom/1-bath units, one 3-bedroom/1-bath unit, and one 1-bedroom/1-bath unit. Five units are currently occupied, with the remaining units actively being marketed for lease. The property is professionally managed, providing streamlined day-to-day operations and tenant oversight. This property offers an attractive opportunity for an investor to complete the lease-up process and increase cash flow. Income and expense figures shown are pro forma projections based on full occupancy and are not representative of current operating performance. Buyer should independently verify all financial information, rents, occupancy, and property details.
Property Features
Property Type: Multi Unit - Multiple
Cooling: Central
Heating: Central Heat
Home Style: Traditional
Lot Size: 0.60 Acres
Roof Type: Composition
Stories: 1.0
Taxes: $2,356
Year Built: 1979
Feature Descriptions
Appliance(s)/Kitchen Equipment: Free-Standing Stove, Refrigerator-Stays
Days on Site: 56
Expenses Include: Taxes, Insurance, Maint./Lawn Care, Management, Trash, Pest Control
Exterior: Frame, Stone
Lot Dimensions: 0.6 acre(s)
Number of 1 Bedroom Unit(s): 1
Number of 2 Bedroom Unit(s): 8
Number of 3 Bedroom Unit(s): 1
Parking Notes: Parking Pads
Sewer: Public Sewer
Units: 10
Water: Public Water
Listed By / Shown By
Listed By
Agency Name: Re/Max Platinum
Agency Phone: 870-534-2823
Shown By
Agency Title: Crye-Leike Real Estate Services - Adaro Realty - Memphis
Agency Phone: 901-751-6675
Source: Arkansas MLS
Estimate Your Payment
Estimated Payment
$ 1,392.02 per month $1,057.14 Principal & Interest $196.33 Property Tax $138.54 Homeowner's InsuranceChange Payment Information
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901 E 29th Avenue | MLS# 26034490
This multi-family property located at 901 E 29th Avenue, Pine Bluff, AR 71601 is currently listed for sale with an asking price of $475,000. Search Pine Bluff (east Central) real estate on www.adarorealty.com today.