Excellent opportunity to acquire a 12-unit multifamily property just minutes from Fort Smith with strong rental demand and value-add potential. Property features primarily 1-bedroom/1-bath units with multiple updated interiors. Some units have recent improvements including flooring, paint, and fixtures. Owner currently pays water, helping keep operations simple for tenants. Located near the Arkansas/Oklahoma state line with convenient access to shopping, employment, and major highways, this property offers investors the chance to expand cash flow while still remaining in an affordable price point. Potential upside through rent increases, additional improvements, and operational efficiencies. Whether you are looking for a steady income-producing asset or a long-term portfolio addition, this multifamily property offers solid potential in a growing rental market. Call today for financials, rent roll, and showing information.
| Date | Event | Price | $/Sqft | Source |
|---|---|---|---|---|
| For Sale ~ Price Changed MultiFamily | $585,000 -2.5% | $76 | ANNU Realty | |
| Listed For Sale MultiFamily | $600,000 | $78 | ANNU Realty |
| Year | Annual Amount | Description |
|---|---|---|
| $3,897 | ARKOMA REYNOLDS ADD BLK 7 N80 LOTS 7 TO 10 INC B1292 P236 B1292 P635 B1958 P724. |