1015 Lavender Rd - Apartments FOR SALE


Fort Smith, AR 72916
$452,600 USD
832-623-1993
1015 Lavender Rd, Fort Smith, AR for Sale
$452,600 USD
Apartments - FOR SALE
1/8
null | Request Cap Rate

1015 Lavender Rd
Fort Smith, AR 72916


HIGHLIGHTS

  • With a proforma rental rate of $1,550 per side, the Cap Rate is 6.00%.
  • Newly built duplex.

OVERVIEW

Perfectly located off of the main Highway 45 and near Bonanza City Park and Bonanza Wellness Center, this highly desirable duplex fills a housing market need in the Bonanza-south Sebastian County area for quality rental property, perfect for owner-occupy on 1 side. Stylishly constructed with neutral and sustainable finishes, this 3-bedroom, 2-bathroom, 2-car garage offers style, comfort and security as a fresh and clean, newly constructed property which is planned to be completed December 2025. At a proforma rental rate of $1,550 per side, the Cap Rate is 6.00%.

FOR SALE DETAILS

PRICE

$452,600 USD

PRICE/SF

$211 USD /SF

# OF UNITS

2

PRICE/UNIT

$226,300

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2025

PARKING SPACES

4

LAND DETAILS

LAND ACRES

0.31 AC

LAND SF

13,439 SF

ZONING

-

APN/PARCEL ID

63280-0009-00000-00

ASK ABOUT THIS PROPERTY

Cheryl GarnerKeller Williams Platinum RealtyMore Info
832-623-1993

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Cheryl GarnerKeller Williams Platinum RealtyMore Info
832-623-1993

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.