917 Ruth Ann, Jacksonville, AR 72076
- $560,000
- 1,721
- SqFt
- List Price
- $560,000
- Status
- ACTIVE
- MLS#
- 26019514
- Style
- Traditional
- Year Built
- 1985
- Living Area
- 1,721
- Acres
- 0.05
- Region
- Jacksonville
- Subdivision
- Briarfield Section #4
Property Description
7-unit multifamily investment portfolio located in Jacksonville, Arkansas consisting of a mix of 2BR/1.5BA and 3BR/2BA units. Current gross scheduled income approximately $56,520 annually. Offered at approximately a 6% cap rate based on current income with additional upside through rental adjustments and operational improvements. Portfolio includes multiple floor plans with stable occupancy history and potential for increased returns through minor cosmetic updates and management improvements. Convenient location near LRAFB, major highways, shopping, and employment centers supports long-term rental demand. Ideal opportunity for investors seeking cash flow with future appreciation potential.
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Additional Information
- Taxes
- $4,093
- Interior Features
- Washer Connection, Dryer Connection-Electric
- Floors
- Partial Carpet, Tile, Vinyl
- Exterior
- Metal/Vinyl Siding
- Roof
- Architectural Shingle
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Listing courtesy of Alethes Realty.