1009 Glendale St, Jonesboro, AR 72401

This is an incredible investment opportunity for a 9 unit property in a great Jonesboro location. With an estimated 9.22 Cap Rate and annual gross income of $67,920 this is your opportunity to add a great cash flowing property to your portfolio before the end of the year. Made up of 5 2-bedroom units and 4 1-bedroom units this offers a diverse mix of options for any prospective tenant. This property has maintained a strong occupancy rate and the brick exterior on slab foundation have minimized maintenance expenses. Laundry hookups are in all 2-bedroom units. Stove, refrigerator, and dishwashers are in all units. Sitting just south of Arkansas State University, 6 minutes from St Barnard Hospital, and near most of the amenities Jonesboro has to offer these apartments have continued to attract quality tenants looking for a convenient place to call home.