Seller financing is available, and the loan is assumable, making this an exceptional investment opportunity. The property features a 36-unit apartment complex, 80% remodeled and currently 95% occupied. It also generates additional income through billboard rental. Located in a high-traffic area with excellent visibility, this property offers strong potential for future growth and profitability.
Active under contract
$1,790,000
2123 S Blake St, Pine Bluff, AR 71603
--beds
--baths
21,630sqft
Est.:
Apartment
Built in 1992
-- sqft lot
$1,683,900 Zestimate®
$83/sqft
$-- HOA
What's special
- 148 days
- on Zillow |
- 28 |
- 0 |
Zillow last checked: 7 hours ago
Listing updated: December 19, 2024 at 10:49am
Listed by:
Benjamin Thomas 501-428-2968,
Eagle Rock Realty & Property Management 501-712-5774
Source: CARMLS,MLS#: 24043045
Travel times
Facts & features
Interior
Heating
- Has Heating (Unspecified Type)
Cooling
- Gas, Electric, Window Unit(s)
Appliances
- Included: Free-Standing Range, Microwave
Features
- Flooring: Tile, Wood
Interior area
- Total structure area: 21,630
- Total interior livable area: 21,630 sqft
Property
Parking
- Parking features: Parking Pad
Features
- Levels: Two
- Exterior features: Other
Lot
- Size: 1.74 Acres
- Features: Level
Details
- Zoning: Commercial
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Traditional
- Property subtype: Apartment
Materials
- Brick
- Foundation: Slab
- Roof: Composition
Condition
- New construction: No
- Year built: 1992
Utilities & green energy
- Electric: Electric-Municipal
- Water: Public
Green energy
- Energy efficient items: Other (see remarks)
Community & HOA
Community
- Features: Other
- Subdivision: Triple Lil Minor
Location
- Region: Pine Bluff
Financial & listing details
- Price per square foot: $83/sqft
- Annual tax amount: $10,833
- Date on market: 11/29/2024
- Listing terms: Conventional,Contract,Assumable,Cash
- Lease term: 12 Months
- Tenant pays: Electricity, Gas, Water
- Road surface type: Paved
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