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Listed price in listed location currency (USD).
$995,000

000

MLS® 26037374

Overview

Key Facts

Type Apartment
Levels Residential Income
Size 8568 sqft
Garage 
Maintenance Fees 
Taxes $2,000
Days Active 11
Approx. Age 1980
Avg. Price Per Sqft $116
MLS® Number 26037374

Property Address: 101 S Locust St, Searcy, AR, 72143-5412

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

Description

Excellent investment opportunity just one block from Downtown Searcy and only minutes from Harding University! This 16-unit multifamily property features all one-bedroom, one-bath apartments averaging approximately 530 square feet each. The property is currently 100% occupied, with rents ranging from $450 to $625 per month and current scheduled rents totaling $8, 950 per month ($107, 400 annualized). Recent leases reflect rents as high as $625 per month, offering continued potential as leases turn over. With a convenient location near downtown, Harding University, shopping, dining, and other Searcy amenities, this is a great opportunity to add an established, income-producing multifamily property to your portfolio. See Agent Remarks for additional financial information.
MLS® Number26037374
Locker
Ensuite Laundry
Balcony
Furnished
Laundry Level
Exposure
Exterior
Garage
Approx. Age1980
Stories
Pets

Included in Maintenance Fee

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

Utilities

Heat
A/CWindow Units

Extras

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