901 E 29th, Pine Bluff, AR 71601

$475,000
8,000
SqFt

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List Price
$475,000
Status
ACTIVE
Days on Market
17
MLS#
26034490
Style
Traditional
Year Built
1979
Living Area
8,000
Lot Size
26,136
Acres
0.60
Subdivision
Havis & Moon
MLS Area Major
Pine Bluff (East Central)

Property Description

Excellent investment opportunity featuring a 10-unit apartment complex with the majority of the rehabilitation already completed. The property consists of eight 2-bedroom/1-bath units, one 3-bedroom/1-bath unit, and one 1-bedroom/1-bath unit. Five units are currently occupied, with the remaining units actively being marketed for lease. The property is professionally managed, providing streamlined day-to-day operations and tenant oversight. This property offers an attractive opportunity for an investor to complete the lease-up process and increase cash flow. Income and expense figures shown are pro forma projections based on full occupancy and are not representative of current operating performance. Buyer should independently verify all financial information, rents, occupancy, and property details.

Additional Information

Taxes
$2,356
Property Description
Traditional
Exterior Features
Frame, Stone
Roof
Composition

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Calculator source: Real Geeks

Listing courtesy of Re/Max Platinum.