400 N Inglewood
$1,400,000
Description
400 N Inglewood,
Russellville,
AR
72801
24 Doors/Apartments units Total. 12 of the doors are 2 BR 1 &1/2 baths 2-story. 4 doors are 2 BR/1 Bath in 4-Plex #1. 4 doors are 2 BR/1 bath in 4-Plex #2. 4 doors are 2 Br/1 bath in 4-Plex #3. Brick exteriors. New flat roof ($100,000 expense) on the 2 story apartment bldg a couple years ago. Several new water heaters and H&A units replaced over the same period. A few long time tenants 5 - 10 yrs. Rents from $450 - $600 a month. Gross income $136,000 yr. Real Estate Property Taxes $7,962 yr. Insurance $9,010 yr. Prop Management, Lawn Care, Pest control & maint/reno was $52,124 last year. 7% Cap Rate. Great Tax Deferred Exchange Property. All 4 properties located in Russellville, AR. 13% Vacancy rate last year
This is an Active listing.
Broker Office Phone Number: 479-970-3301
Copyright © 2024My State MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Amenities
- Linoleum Flooring
- Carpet
- Carpeted Floors
- Tile Flooring
- Asphalt Shingle Roof
- Garage
Listing By: All Star Real Estate via Data Source: My State MLS
Multi Family
Property type
Price History
date | price | variance | type |
---|
11/11/2024 | $1,400,000 | - | Listed |
listing agent: Steve Hula