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Listed price in listed location currency (USD).
$2,550,000

000

MLS® 10132595

Overview

Key Facts

Type Apartment
Levels Residential Income
Size 8000 sqft
Garage 
Maintenance Fees 
Taxes $5,671
Days Active 0
Approx. Age 0
Avg. Price Per Sqft $318
MLS® Number 10132595

Property Address: 226 Union St #1-11 Street, Jonesboro, AR, 72401

Average square foot calculated using Size range provided by listing agent.

Description

Exceptional Multi-Family Investment Opportunity in Downtown Jonesboro. Rare opportunity to acquire a fully occupied, income-producing property in the heart of the Downtown Jonesboro Entertainment District. This historic building features 11 loft-style residential units and 8 gated parking spaces, generating more than $200, 000 in gross annual income, with additional potential to increase revenue. The property combines historic character with modern conveniences, including secure gated access, a fire sprinkler system, tankless water heaters, and an exclusive rooftop patio offering impressive downtown views. With strong rental demand in Jonesboro, this property offers immediate cash flow along with long-term investment potential. Authentic loft-style residences with dedicated gated parking are rarely available in the downtown market, making this a unique opportunity for investors seeking a quality income-producing asset or a potential 1031 Exchange. Financial statements, rent roll, and additional property information are available upon request.
MLS® Number10132595
Locker
Ensuite Laundry
Balcony
Furnished
Laundry Level
Exposure
Exterior
Garage
Approx. Age0
Stories
Pets

Included in Maintenance Fee

Heat
Hydro
Water
Building Insurance
Condo Taxes
Cable TV
Central Air
Parking Maintenance

Utilities

HeatElectric
A/CCentral Air, Electric, Heat Pump(s)

Extras

Map

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