This property is Off-Market
Jonesboro, AR 72401 ·
17 Units · Multifamily For Sale
|No. Units||17||Property Use Type||Investment|
|Building Size||6,330 SF||Cap Rate||9.01%|
|Listing ID: 15359803||Date Created: 09/28/2007||Last Updated: 04/02/2008|
Seventeen-unit apartment complex and a great investment opportunity. Centrally located Jonesboro, and within walking distance to schools, these units will rent out themselves. Many units currently occupied by faithful long-term renters. The sellers hate letting this property go, as it has sustained a great living for them for several years. However, they have been forced to retire for age and medical reasons, and are therefore ready to sell. Call Steve Doty today for a detailed breakdown of the rental trends within the unit and an income analysis.
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