Excellent investment opportunity featuring a 10-unit apartment complex with the majority of the rehabilitation already completed. The property consists of eight 2-bedroom/1-bath units, one 3-bedroom/1-bath unit, and one 1-bedroom/1-bath unit. Five units are currently occupied, with the remaining units actively being marketed for lease. The property is professionally managed, providing streamlined day-to-day operations and tenant oversight. This property offers an attractive opportunity for an investor to complete the lease-up process and increase cash flow. Income and expense figures shown are pro forma projections based on full occupancy and are not representative of current operating performance. Buyer should independently verify all financial information, rents, occupancy, and property details.
| MLS # | 26034490 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | For-sale |
| Status | Active |
| Year | 1979 |
| Days On Site | 48 |
| Listing Provided By | Re/Max Platinum | Wes Brown |
| Story(s) | 1 |
|---|---|
| Units | 10 |
| Zoning | R |
| Acreage | 0.60 |
| Exterior | Frame, Stone |
|---|---|
| Roof | Composition |
| Foundation | Slab |
| Utilities | Sewer-Public, Water-Public, Electric-Municipal |
|---|
| Property | 2356 |
|---|
| State | AR |
|---|---|
| County | Jefferson |
| City | Pine Bluff |
| Zip Code | 71601 |
| Area | PINE BLUFF (EAST CENTRAL) |
| Subarea | PINE BLUFF (EAST CENTRAL) |
| Community Name | Havis & Moon |
| Listing VS Median (in Havis & Moon) | |
Price: $475,000 low | high Med: $650 On site: 48 low | high Med: 187 | |
| State | AR |
|---|---|
| County | Jefferson |
| City | Pine Bluff |
| Zip Code | 71601 |
| Area | PINE BLUFF (EAST CENTRAL) |
| Subarea | PINE BLUFF (EAST CENTRAL) |
| Community Name | Havis & Moon |
| Listing VS Median (in Havis & Moon) | |
Price: $475,000 low | high Med: $650 On site: 48 low | high Med: 187 | |