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$680,000
Est. payment /mo
6,000 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Apartments
Listing Status Active
Purchase Type For Sale
Square Footage 6,000 sqft
Price per Sqft $113
Subdivision Wilson
MLS Listing ID 26031371
Style Traditional
Year Built 1980
Annual Tax Amount $1,709
Tax Year 2025
Lot Size 0.470 Acres
Acres 0.47
Property Sub-Type Apartments
Property Description
Turnkey income-producing multifamily opportunity in Newport, AR (Jackson County). 16 one-bedroom studio units, fully leased. Cinder block exterior and metal roof - durable, low-maintenance construction that minimizes long-term repair and replacement costs compared to wood-frame/shingle multifamily stock. There are 3 buildings which consists of Building #1-4 units, Building #2 & #3 -6 units each. Cash flowing opportunity from the first day of ownership.
Location
State AR
County Jackson
Area Newport
Zoning Apartments
Rooms
Basement None
Kitchen Free-Standing Stove, Refrigerator-Stays
Interior
Interior Features Hot Water Heater-Electric
Heating Window Units
Flooring Vinyl
Equipment Free-Standing Stove, Refrigerator-Stays
Exterior
Parking Features Two Car
Utilities Available Electric-Municipal, Sewer-Public, Water-Public
Roof Type Metal
Building
Lot Description Level, In Subdivision
Foundation Slab
New Construction No
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Listed by IMAGE Realty • Selina Reithemeyer
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