Brand new multi-family community in Pea Ridge for sale with an estimated cap rate of 5.6%*. 24 total units made up of three all brick duplexes, two triplexes and three fourplexes. Located across the street from Pea Ridge Junior High and Elementary School. Rents range from $1,250 on the 2BR units to $1450 for a 3BR unit. There are 18-3BR units & 6-2BR units. Total projected gross rent income is $410,400*.
Each unit is designed to be low maintenance with wood looking vinyl flooring, led lighting, all electric including energy efficient heat pumps. Every unit comes with a refrigerator and washer/dryer. Tenant pays all utilities. Owner would pay for mowing and landscape upkeep. For floor plans and more information ask for the marketing packet from your agent or contact listing agent.
Sold for $5,550,000 on 08/15/23
$5,550,000
1701 Booker Cir, Pea Ridge, AR 72751
5beds
4baths
33,468sqft
Multi Family
Built in 2023
-- sqft lot
$-- Zestimate®
$166/sqft
$2,657 Estimated rent
Home value
Not available
Estimated sales range
Not available
$2,657/mo
Zestimate® history
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What's special
Zillow last checked: 8 hours ago
Listing updated: August 16, 2023 at 12:26pm
Listed by:
Mayer Team 479-644-1849,
Better Homes and Gardens Real Estate Journey Bento,
Come Home Team 479-685-6962,
Better Homes and Gardens Real Estate Journey Bento
Bought with:
The Limbird Team
Limbird Real Estate Group
Source: ArkansasOne MLS,MLS#: 1242042
Originating MLS: Northwest Arkansas Board of REALTORS MLS
Originating MLS: Northwest Arkansas Board of REALTORS MLSFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 4
Heating
- Heat Pump
Cooling
- Central Air, Electric
Appliances
- Included: Dryer, Dishwasher, Electric Range, Electric Water Heater, Disposal, Microwave Hood Fan, Microwave, Refrigerator, Washer
Features
- Flooring: Vinyl
- Windows: Double Pane Windows, Vinyl
- Has basement: No
- Has fireplace: No
- Fireplace features: None
Interior area
- Total structure area: 33,468
- Total interior livable area: 33,468 sqft
Property
Parking
- Total spaces: 46
- Parking features: Attached, Garage, One Space, Two Spaces, Garage Door Opener
- Has attached garage: Yes
- Covered spaces: 46
Features
- Levels: One
- Stories: 1
- Patio & porch: Patio
- Exterior features: Concrete Driveway
- Fencing: Partial
Lot
- Size: 3.93 Acres
- Features: City Lot, Level, Near Park, Subdivision
Details
- Parcel number: 1303324000
- Zoning: N
- Zoning description: Multi Family
- Special conditions: None
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Ranch
- Property subtype: Multi Family
Materials
- Brick
- Foundation: Slab
- Roof: Architectural,Shingle
Condition
- New construction: Yes
- Year built: 2023
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Electricity Available, Sewer Available, Water Available
Community & neighborhood
Security
- Security features: Smoke Detector(s)
Community
- Community features: Near Schools, Park, Shopping, Sidewalks
Location
- Region: Pea Ridge
- Subdivision: Belmont Pea Ridge
Price history
| Date | Event | Price |
|---|---|---|
| 8/15/2023 | Sold | $5,550,000-2.6%$166/sqft |
Source:  ArkansasOne MLS #1242042 | ||
| 3/30/2023 | Listed for sale | $5,700,000$170/sqft |
Source: ArkansasOne MLS #1242042 | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $6,169 +1429.8% | $109,437 +1509.4% |
| 2023 | $403 | $6,800 |
| 2022 | $403 | $6,800 |
Find assessor info on the county website
Neighborhood: 72751
Nearby schools
GreatSchools rating
- 8/10Pea Ridge Intermediate SchoolGrades: 3-4Distance: 0.8 mi
- 6/10Pea Ridge Junior High SchoolGrades: 7-9Distance: 0.7 mi
- 6/10Pea Ridge High SchoolGrades: 10-12Distance: 0.7 mi
Schools provided by the listing agent
- District: Pea Ridge
Source: ArkansasOne MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.