Historical Multifamily Sale Listing - Apartments near University

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Apartments near University

920 North Fargo Ave., Russellville, AR 72801

N/A

8 Units | Multifamily

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Apartments near University

Multifamily Property - Off Market

Price:
N/A
No. Units:
8
Building Size:
8,760 SF
Property Type:
Multifamily
Property Sub-type:
Garden/Low-Rise
Property Use Type:
Investment
Commission Split:
3%
Cap Rate:
9%
Gross Rent Multiplier:
8.50
Occupancy:
87%
No. Stories:
2
Year Built:
1972
Lot Size:
0.25 AC
APN / Parcel ID:
754-00137-000C
Parking Ratio:
1 / 1,000 SF
Listing ID
17685732
Last Updated
over 1 year ago

Highlights

  • Brick Apartment Building
  • 8 Units
  • Walking distance to University
  • Professionally managed
  • Laundry room in each unit
  • Appliances included

Description

8-Unit apartment complex in the heart of Russellville. Walking distance to Arkansas Tech University and shopping/dining on Arkansas Ave. Complex consists of (2) 2 bed/2 bath units, (4) 1 bed/1 bath units, one 1 bed/2 bath and one 3 bed/3 bath unit. Scheduled rental income of $3,425/month. Property includes unimproved lot adjacent to apartments.

Just a few blocks south of Arkansas Tech University, in the growing City of Russellville, Arkansas. This apartment building is located in an area with several other apartments, just West of the Highway 7/Arkanasas Avenue business area. Walking distance to Arkansas Tech University.

Map of 920 North Fargo Ave., Russellville, AR 72801 (Pope County)

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Created 5/31/2012