7-unit multifamily investment portfolio located in Jacksonville, Arkansas consisting of a mix of 2BR/1.5BA and 3BR/2BA units. Current gross scheduled income approximately $56,520 annually. Offered at approximately a 6% cap rate based on current income with additional upside through rental adjustments and operational improvements. Portfolio includes multiple floor plans with stable occupancy history and potential for increased returns through minor cosmetic updates and management improvements. Convenient location near LRAFB, major highways, shopping, and employment centers supports long-term rental demand. Ideal opportunity for investors seeking cash flow with future appreciation potential.
Listed By
Agency Name: Alethes Realty
Agency Phone: 479-968-5668
Shown By
Agency Title: Crye-Leike Real Estate Services
Agency Phone: 866-253-4666
Estimated Payment
$ 1,750.73 per month $1,246.32 Principal & Interest $341.08 Property Tax $163.33 Homeowner's InsuranceCrye-Leike is a full-service real estate company founded in Memphis in 1977. Today it is ranked #4 in the nation and the largest real estate company serving markets in Tennessee, Arkansas, Georgia, Mississippi. Crye-Leike has a network of more than 2,800+ licensed sales associates, 600+ staff members and over 130+ branch and franchise offices located throughout a seven state region of Alabama, Arkansas, Florida, Georgia, Kentucky, Mississippi, and Tennessee. Crye-Leike also has a franchise location in Puerto Rico.
917 Ruth Ann Drive | MLS# 26019514
This multi-family property located at 917 Ruth Ann Drive , Jacksonville, AR 72076 is currently listed for sale with an asking price of $560,000. Search Jacksonville real estate on www.crye-leike.com today.