Great Investment opportunity in Lake City Arkansas . These are 3-5 year old brick construction apartments. All of the units are within a few blocks of each other for ease of service and management.
Off market
$1,610,300
400 Carter St, Lake City, AR 72437
--beds
0baths
14,706sqft
MultiFamily
Built in 2016
-- sqft lot
$1,610,300 Zestimate®
$109/sqft
$1,286 Estimated rent
What's special
Facts & features
Interior
Bedrooms & bathrooms
- Bathrooms: 0
Heating
- Forced air, Electric, Gas
Cooling
- Central
Appliances
- Included: Dishwasher, Garbage disposal, Microwave, Range / Oven, Refrigerator
Features
- Ceiling Fan(s), Walk-In Closet(s), Washer Connection, Hot Water Heater-Electric
- Flooring: Concrete
- Doors: Insulated Doors
- Windows: Insulated Windows
- Common walls with other units/homes: 2+ Common Walls
Interior area
- Structure area source: Courthouse
- Total interior livable area: 14,706 sqft
Property
Parking
- Total spaces: 4
Features
- Patio & porch: Other (see remarks)
- Exterior features: Brick
- Waterfront features: Other/See Remarks
Lot
- Size: 1.50 Acres
- Features: Level
- Topography: Level
Details
- Zoning: Residentia
- Zoning description: Residentia
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Ranch, Bungalow/Cottage, One Story
Materials
- Roof: Composition
Condition
- Year built: 2016
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Natural Gas Connected, Electricity Connected, Cable Connected, Water Connected, Sewer Connected
Green energy
- Energy efficient items: Windows, Doors, Insulation
Community & neighborhood
Location
- Region: Lake City
Other
Other facts
- BuildingFeatures: DSL/Cable Available
- Sewer: Public Sewer
- WaterSource: Public
- RoadSurfaceType: Paved
- Topography: Level
- Appliances: Dishwasher, Disposal, Microwave, Electric Range, Electric Water Heater, Refrigerator-Stays, Free-Standing Stove, Washer Connection, Dryer Connection-Electric
- InteriorFeatures: Ceiling Fan(s), Walk-In Closet(s), Washer Connection, Hot Water Heater-Electric
- ArchitecturalStyle: Ranch, Bungalow/Cottage, One Story
- HeatingYN: true
- Utilities: Natural Gas Connected, Electricity Connected, Cable Connected, Water Connected, Sewer Connected
- CoolingYN: true
- Zoning: Residentia
- FoundationDetails: Slab
- NumberOfUnitsTotal: 15
- WaterfrontYN: true
- LeaseTerm: 12 Months
- ConstructionMaterials: Brick, Sheet Rock
- Roof: Composition
- StoriesTotal: 1
- LotFeatures: Level
- GreenEnergyEfficient: Windows, Doors, Insulation
- NumberOfUnitsInCommunity: 15
- Flooring: Concrete
- ElectricOnPropertyYN: True
- HomeWarrantyYN: True
- OperatingExpenseIncludes: New Tax, Insurance, Maintenance Grounds
- WindowFeatures: Insulated Windows
- CommonWalls: 2+ Common Walls
- DoorFeatures: Insulated Doors
- OpenParkingYN: true
- LotSizeSource: Courthouse
- CurrentFinancing: Cash, New Loan-Conventional, New Loan-VA, New Loan-FHA
- TenantPays: All Utilities
- ZoningDescription: Residentia
- GrossIncome: 108480
- StructureType: Apartments
- Cooling: Central Cool-Electric
- Heating: Central Heat-Gas
- BuildingAreaSource: Courthouse
- WaterfrontFeatures: Other/See Remarks
- PatioAndPorchFeatures: Other (see remarks)
- MlsStatus: Back On Market
- NetOperatingIncome: 99863
- OperatingExpense: 8617
- Road surface type: Paved
Services availability

Get pre-qualified for a loan
At Zillow Home Loans, we can pre-qualify you in as little as 5 minutes with no impact to your credit score.An equal housing lender. NMLS #10287.