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823 Garrison Ave
Fort Smith, AR 72901
The Ivory House Lofts · Multifamily Property For Sale
·
14 Units
PROPERTY FACTS
| No. Units | 14 | Lot Size | 0.24 AC |
| Property Type | Multifamily | Building Size | 30,200 SF |
| Property Subtype | Apartment | No. Stories | 3 |
| Apartment Style | Low-Rise | Year Built/Renovated | 1981/2010 |
| Building Class | B | Parking Ratio | 1.29/1,000 SF |
| Zoning | C-1 - General Commercial Zone | ||
| No. Units | 14 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | B |
| Lot Size | 0.24 AC |
| Building Size | 30,200 SF |
| No. Stories | 3 |
| Year Built/Renovated | 1981/2010 |
| Parking Ratio | 1.29/1,000 SF |
| Zoning | C-1 - General Commercial Zone |
AMENITIES
UNIT AMENITIES
- Microwave
- Washer/Dryer
- Heating
- Ceiling Fans
- Kitchen
- Refrigerator
- Oven
- Tub/Shower
- Walk-In Closets
- Freezer
SITE AMENITIES
- 24 Hour Access
- Controlled Access
- Property Manager on Site
- Package Service
- Maintenance on site
- Smoke Detector
ABOUT 823 GARRISON AVE , FORT SMITH, AR 72901
Purchase Price: $2,175,000 CAP Rate: 9.1% Gross Income: $198,000 Gross Leaseable Area: 26,858 SF Lot Size: 0.72 AC Year Built: 1981 Year Renovated: 2010 Recently remodeled mixed use investment opportunity in the heart of downtown Fort Smith. Property is currently 100% Leased. Property includes 4,620 SF restaurant with full kitchen and prep. Area. Also on the first floor these is an 3,000 SF office space with reception area, 4 offices, conference room, break room, 2 restrooms, a shower and storage area. Second and third floors are residential loft apartments. 14 one and two bedrooms with washer/dryer and full kitchens.
PROPERTY TAXES
| Parcel Number | 11317-0012-00049-00 | Improvements Assessment | $463,223 |
| Land Assessment | $16,624 | Total Assessment | $479,847 |
PROPERTY TAXES
