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803 S Rupple Rd 2 Unit Apartment Building $750,000 ($375,000/Unit) 6.35% Cap Rate Fayetteville, AR 72704
INVESTMENT HIGHLIGHTS
- Popular area for student living. All appliances included, no carpet, and each bedroom has their own full bathroom. Paved trail frontage.
EXECUTIVE SUMMARY
Great opportunity for investment with this centrally located Fayetteville Duplex. Right on the trail system, walking distance to schools, grocery stores, and restaurants. Ten minutes to the U of A. Each sizeable bedroom has an on suite bathroom. All appliances included: washer, dryer, refrigerators. No carpet, all rooms are luxury vinyl.The balcony is semi private, great for a quiet evening or social gatherings. Each unit has a two car garage. Why pay rent when you can collect rent to pay your mortgage! This property is available for mid term or long term rent, per city code. Both sides are leased until July 2025.
FINANCIAL SUMMARY (ACTUAL - 2024) Click Here to Access |
ANNUAL | ANNUAL PER SF |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
$99,999
|
$9.99
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
FINANCIAL SUMMARY (ACTUAL - 2024) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
PROPERTY FACTS
| Price | $750,000 | Building Class | B |
| Price Per Unit | $375,000 | Lot Size | 0.12 AC |
| Sale Type | Investment | Building Size | 3,476 SF |
| Cap Rate | 6.35% | Average Occupancy | 100% |
| No. Units | 2 | No. Stories | 2 |
| Property Type | Multifamily | Year Built | 2022 |
| Property Subtype | Apartment | Parking Ratio | 0.58/1,000 SF |
| Price | $750,000 |
| Price Per Unit | $375,000 |
| Sale Type | Investment |
| Cap Rate | 6.35% |
| No. Units | 2 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Building Class | B |
| Lot Size | 0.12 AC |
| Building Size | 3,476 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built | 2022 |
| Parking Ratio | 0.58/1,000 SF |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Dishwasher
- Washer/Dryer
- Kitchen
- Refrigerator
- Oven
- Range
SITE AMENITIES
- 24 Hour Access
- Recycling
- Trash Pickup - Curbside
- Fiber Optic Internet
- Walk-Up
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803 S Rupple Rd
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