Boyd Anderson
BEDS0
BATHS
SQUARE FEET13,104
MLS#26039287
STATUSActive
PROPERTY TYPEMulti Unit - Multiple
SUBDIVISIONMetes & Bounds
NEIGHBORHOODPINE BLUFF (WATSON CHAPEL CENTRAL)
Property Description
Investment opportunity featuring a well-maintained 22-unit apartment complex with professional property management already in place. The property consists entirely of 1-bedroom, 1-bath units and offers a functional two-story design constructed on a slab foundation. Currently, 14 of the 22 units are occupied, providing immediate rental income with additional upside through lease-up of the remaining units. The property has been well cared for and offers an excellent opportunity for an investor looking to add a manageable multifamily asset to their portfolio. With professional management already established, a consistent unit mix, existing occupancy, and additional income potential as vacant units are filled, this property offers both current cash flow and room for growth. Financial information, rent roll, and additional property details available upon request.
Property Features
Property Type: Multi Unit - Multiple
Cooling: Window Units
Home Style: Traditional
Lot Size: 0.88 Acres
Roof Type: Composition
Stories: 2.0
Taxes: $7,176
Year Built: 1986
Feature Descriptions
Appliance(s)/Kitchen Equipment: Free-Standing Stove, Refrigerator-Stays
Days on Site: 34
Expenses Include: Maint./Lawn Care, Management, Taxes, Trash, Water/Sewer
Exterior: Brick & Frame Combo
Lot Dimensions: 0.88 acre(s)
Number of 1 Bedroom Unit(s): 22
Parking Notes: None
Sewer: Public Sewer
Units: 22
Water: Public Water
Listed By / Shown By
Listed By
Agency Name: Re/Max Platinum
Agency Phone: 870-534-2823
Shown By
Agent Name: Boyd Anderson
Agent Phone: Cell: (501) 206-8845
Agency Title: Crye-Leike Real Estate Services
Source: Arkansas MLS
Estimate Your Payment
Estimated Payment
$ 2,360.06 per month $1,557.90 Principal & Interest $598.00 Property Tax $204.17 Homeowner's InsuranceChange Payment Information
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3720 Miramar Drive | MLS# 26039287
This multi-family property located at 3720 Miramar Drive, Pine Bluff, AR 71603 is currently listed for sale with an asking price of $700,000. Search Pine Bluff (watson Chapel Central) real estate on www.heberspringsrealestate.com today.