240 Indian Springs Rd - Apartments FOR SALE


Hot Springs, AR 71901
$882,500 USD
501-359-3009
240 Indian Springs Rd, Hot Springs, AR for Sale
$882,500 USD
Apartments - FOR SALE
1/4
null | Request Cap Rate

240 Indian Springs Rd
Hot Springs, AR 71901


OVERVIEW

This quaint, 6-unit apartment complex is a rare find in Lakeside School District. Bordered by mature trees and tucked away on 2.6 acres at the end of a quiet road, tenants will love the seclusion this complex offers. The large tract of acreage allows for future development /expansion and abundant options. Inside, each unit is a 2 -bedroom, 2 1/2-bathroom home, over 1200 square feet each, with sliding glass doors to a private patio area. The kitchen area is open and airy, with stainless appliances (One has white appliances), a breakfast bar, and walk-in pantry. The master bedroom & guest bedroom are upstairs, both with roomy closets, a master bath with 2 sinks, Jacuzzi tub, and a separate shower. Roofs replaced May 2015, H/VAC are various ages.

FOR SALE DETAILS

PRICE

$882,500 USD

PRICE/SF

$103 USD /SF

# OF UNITS

6

PRICE/UNIT

$147,083

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

2000

PARKING SPACES

-

LAND DETAILS

LAND ACRES

2.35 AC

LAND SF

102,346 SF

ZONING

Multi-Family

APN/PARCEL ID

017704

ASK ABOUT THIS PROPERTY

Amber WhiteWhite Stone Real EstateMore Info
501-359-3009

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Amber WhiteWhite Stone Real EstateMore Info
501-359-3009

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.