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Browse More Listings in Multifamily For Sale, Sherwood, AR or Arkansas

Multifamily Property For Sale

301 Cherrie

301 Cherrie, Sherwood, AR 72120

Price:
$250,000
No. Spaces:
14
Price/Space:
$17,857.14
Property Type:
Multifamily
Property Sub-type:
Mobile Home/ RV Community
Property Use Type:
Investment
Cap Rate:
10%
Lot Size:
2 AC
Find Out More...

Last Verified 11/5/2009 Listing ID 16289018

Highlights

Great Location
Good area

Great tenants

Description

This is a 14 spot mobile home park. 5 spots are retned at 160/month and could easily be raised to 180/month. The current owners have 2 mobile homes that they have sold on contract for $300/month. If you only rent the other lots out this property will have a 10% cap rate.

301 Cherrie is in downtown Sherwood. Great location.

Financial Summary

Actual
Net Operating Income
$25,000

Map of 301 Cherrie, Sherwood, AR 72120 (Pulaski County)

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Created 6/22/2009

Additional Information for 301 Cherrie Avenue, Sherwood, AR 72120

Active For Sale - 1 Listing
Active For Lease - 0 Listing
Previously Listed - 0 Historic Listing
Sales Comparables Available - 0 RecentSales Record

View additional information for the property view other currently active listings, previous listings, sales comparables, public records, and county records data for this address.

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The information above has been obtained from sources believed reliable. While we do not doubt its accuracy we have not verified it and make no guarantee, warranty or representation about it. It is your responsibility to independently confirm its accuracy and completeness. Any projections, opinions, assumptions, or estimates used are for example only and do not represent the current or future performance of the property. The value of this transaction to you depends on tax and other factors which should be evaluated by your tax, financial, and legal advisors. You and your advisors should conduct a careful, independent investigation of the property to determine to your satisfaction the suitability of the property for your needs.

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Multifamily Property For Sale -

301 Cherrie, Sherwood, AR, 72120