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800 E Northend Ave
Paragould, AR 72450
Duplex Development with Good Income · Multifamily Property For Sale
·
32 Units
PROPERTY FACTS
| No. Units | 32 | Lot Size | 27.00 AC |
| Property Type | Multifamily | Building Size | 23,900 SF |
| Property Subtype | Apartment | Average Occupancy | 95% |
| Apartment Style | Garden | No. Stories | 1 |
| Building Class | C | Year Built | 2017 |
| Zoning | MULTIFAMILY | ||
| No. Units | 32 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | C |
| Lot Size | 27.00 AC |
| Building Size | 23,900 SF |
| Average Occupancy | 95% |
| No. Stories | 1 |
| Year Built | 2017 |
| Zoning | MULTIFAMILY |
AMENITIES
UNIT AMENITIES
- Cable Ready
- Dishwasher
- Disposal
- Washer/Dryer Hookup
- Ceiling Fans
- Eat-in Kitchen
- Refrigerator
- Range
ABOUT 800 E NORTHEND AVE , PARAGOULD, AR 72450
Sunrise Estates includes 32 finished units (duplexes) located at 800-813 N. 8th Avenue and 800-801 Northend Avenue. All utilities are installed on N 8th Avenue including electric, water, sewer and cable television. There are 21 additional lots on this street that are Construction-Ready lots with a contractor only needing to pull the building permits to begin construction of more income producing duplexes, triplexes or quads. Also included in this property offering is another 17 acres of multi-family property that could accommodate another street, identical to this listing on N 8th Avenue. This would allow for up to 150 additional units. Total potential for new construction within this development could be as many as 230 additional units. This would be accomplished with the same spacious lots sizes and four units per lot. Add this potential to the 32 units already completed and the opportunity to own 260 units in one location is very realistic and has enormous income potential.
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 2+1 | 32 | $537.50 | 688 - 784 |
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $334,330 | |
| Land Assessment | $72,970 | Total Assessment | $407,300 |
PROPERTY TAXES
