2308 Savannah St, Fort Smith, AR 72901

The Pines on Savannah, located at 2308 Savannah Street Fort Smith, AR, is a premier 12 unit investment opportunity. This garden style apartment complex has been remodeled from top to bottom and has a proven track record of steady rent collection. The current ownership group has streamlined operations and rent collection online. Rents have been raised from $485 average to $687 average within 12 months. Based on rental comparables, there seems to be more room to increase the average with time. The unit mix consist of 7 one bedroom/one bathroom ($567 average) units and 5 two bedroom/one bathroom ($806 average) units. The on-site laundry room has been renovated and adds to the net income consistently. Showings will be conducted on scheduled tour dates. Please do not disturb the residents.