709 Airport Rd - Multi-Family FOR SALE


Jonesboro, AR 72405
$629,900 USD
870-974-3208
709 Airport Rd, Jonesboro, AR for Sale
$629,900 USD
Multi-Family - FOR SALE
1/11
null | 9.79% Cap Rate

709 Airport Rd
Jonesboro, AR 72405


HIGHLIGHTS

  • Great Investment Opportunity!

OVERVIEW

Multifamily investment opportunity just across the street from some of Jonesboro's newest high-end homes! These one-level 7 units are on Airport Rd just minutes from the newest amenities coming to town. This property is just north of Prospect Rd, and sit one mile south of Hwy 49 and one mile north of Aggie Rd. These two bedroom, 1 bathroom units that have been well maintained. Units are full other than one vacant to allow for showings. These units have excellent rental history with plenty of room to increase if a new owner so desired. Located in a very desirable part of Jonesboro this property has incredible upside with a lot of development taking place all around the area.

FOR SALE DETAILS

PRICE

$629,900 USD

PRICE/SF

$162 USD /SF

# OF UNITS

7

PRICE/UNIT

$89,986

CAP RATE

9.79%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Airport Rd 7 Units

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

ADD'L SUBTYPES

Apartments

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2006

PARKING SPACES

-

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

-

APN/PARCEL ID

01-144104-31500

ASK ABOUT THIS PROPERTY

Tim RayCentury 21 PORTFOLIOMore Info
870-974-3208

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Tim RayCentury 21 PORTFOLIOMore Info
870-974-3208

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