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711 E Locke Street - Bel-Aire Corners, Ashdown, AR

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711 E Locke Street - Bel-Aire Corners

Ashdown, AR 71822-3658

Property Type:Multi-Family Number of Units:24 Status:Existing Year Built:-
Stories:2 Building Size:22,608 SF Land Area:.89 AC (38,768 SF)
For Sale Price:$925,000 Price/Unit:$38,541.67 Cap Rate:- GRM:-


Sale Notes:
Now available:
The newly renovated Bel-Aire Apartments in
20 units(100% occupied) with an additional 4

Units are situated as follows:
Building A: Apts 1-4
Building B: Apts 5-12
Building C: Apts 13-20
Building D: 4 Unfinished Units

2 additional studio apartments adjoin the property;

On-site maintenance resides in one of these units.

Other highlights of this property include: Wi-fi connectability, ready for in-ground electrical wiring, upside with Building D (Four 5,000 sf for an additional $3,200 monthly), new oak cabinets, new water main & system,new faucets & sinks, porcelain tile floors, copper plumbing & wiring, double gutters, vented roofs, 35-year
architectural shingles, new roofs throughout, laundry, new stairs, 2x4 redwood studs, new sheetrock, new
doors & windows, new heat & air system, new tubs, fans, & lights, 19r wall insulation, and utilities averaging
$40-50 per month.

Located in Ashdown, AR. , approximately 19.6 miles from Texarkana, TX/Texarkana, AR.

NAI American Realty
Jerry Brewer
(903) 793-2666

Jeremy Saulsbury
(903) 793-2666

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