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915 E 5th St
Texarkana, AR 71854
Miller Apartments · Multifamily Property For Sale
·
4 Units


Executive Summary
Check out this 5,000 sq ft plus Colonial, converted into a 4 unit apartment. Featuring high ceilings, original wood floors & old world character throughout, this is indeed a rare find. Tons of value add potential through moving rents to market. Be sure to check out the virtual tour.
Property Facts
| Price Per Unit | $112,375 | Lot Size | 0.28 AC |
| Sale Type | Investment | Building Size | 5,012 SF |
| Cap Rate | 5.81% | Average Occupancy | 100% |
| No. Units | 4 | No. Stories | 2 |
| Property Type | Multifamily | Year Built/Renovated | 1940/1989 |
| Property Subtype | Apartment | Parking Ratio | 2/1,000 SF |
| Building Class | C | ||
| Zoning | Residential - Residential | ||
| Price Per Unit | $112,375 |
| Sale Type | Investment |
| Cap Rate | 5.81% |
| No. Units | 4 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Building Class | C |
| Lot Size | 0.28 AC |
| Building Size | 5,012 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built/Renovated | 1940/1989 |
| Parking Ratio | 2/1,000 SF |
| Zoning | Residential - Residential |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+1 | 1 | $1,000 | 1,400 |
| 1+1 | 2 | $650.00 | 940 - 1,240 |
| 3+1 | 1 | $965.00 | 1,400 |
Property Taxes
| Parcel Number | 1011660 | Improvements Assessment | $54,270 |
| Land Assessment | $2,330 | Total Assessment | $56,600 |
Property Taxes
Parcel Number
1011660
Land Assessment
$2,330
Improvements Assessment
$54,270
Total Assessment
$56,600
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