Don't miss this great CASH FLOW OPPORTUNITY! 20 units total! There are 12 2 bedroom units that currently rent for $500 and 8 1 bedroom units that currently rent for $450. Only one unit is vacant as of 6/8/20. Great cap rate!!
Off market
$445,800
400 Roseclair, Jonesboro, AR 72401
--beds
0baths
9,999sqft
MultiFamily
Built in ----
-- sqft lot
$445,800 Zestimate®
$45/sqft
$1,198 Estimated rent
What's special
Facts & features
Interior
Bedrooms & bathrooms
- Bathrooms: 0
Heating
- Forced air, Electric
Cooling
- Central
Features
- Flooring: Other
- Common walls with other units/homes: 2+ Common Walls
Interior area
- Structure area source: Other (See Remarks)
- Total interior livable area: 9,999 sqft
Property
Features
- Exterior features: Other
Lot
- Size: 9,999 sqft
- Features: Level
- Topography: Level
Details
- Zoning: Multi-Fam
- Zoning description: multi-fam
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Traditional, One Story
Materials
- Roof: Composition
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Electricity Connected, Cable Connected, Water Connected, Sewer Connected
Community & neighborhood
Location
- Region: Jonesboro
Other
Other facts
- BuildingFeatures: DSL/Cable Available
- Sewer: Public Sewer
- WaterSource: Public
- RoadSurfaceType: Paved
- Topography: Level
- HeatingYN: true
- Utilities: Electricity Connected, Cable Connected, Water Connected, Sewer Connected
- CoolingYN: true
- FoundationDetails: Slab
- Zoning: Multi-Fam
- Roof: Composition
- StoriesTotal: 1
- LotFeatures: Level
- ArchitecturalStyle: Traditional, One Story
- NumberOfUnitsInCommunity: 20
- NumberOfUnitsTotal: 20
- ElectricOnPropertyYN: True
- OperatingExpenseIncludes: Insurance
- CommonWalls: 2+ Common Walls
- OperatingExpense: 15000
- CurrentFinancing: Cash
- BuildingAreaSource: Other (See Remarks)
- TenantPays: All Utilities
- Flooring: Other (See Remarks)
- ZoningDescription: multi-fam
- StructureType: Apartments
- LotSizeSource: Other (see remarks)
- Appliances: Free-Standing Stove
- Cooling: Central Cool-Electric
- ConstructionMaterials: Other (see remarks)
- Heating: Central Heat-Electric
- GrossIncome: 115200
- MlsStatus: Active
- NetOperatingIncome: 100200
- TaxAnnualAmount: 4943
- Road surface type: Paved
Services availability

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