11048 Orpha Rd - Apartments FOR SALE


Farmington, AR 72730
$680,000 USD
479-799-1638
11048 Orpha Rd, Farmington, AR for Sale
$680,000 USD
Apartments - FOR SALE
1/3
null | 7.94% Cap Rate

11048 Orpha Rd
Farmington, AR 72730


HIGHLIGHTS

  • Large wooded lot at the end of the street
  • Owner Occupied Unit
  • Fully renovated income producing multi family

OVERVIEW

What a great opportunity for live in investment. 4300 sqft with 4 units! 7 beds and 6 baths can easily be converted back to a singular home or keep as multiple units. Completely updated in the last couple of years. Each unit has independent: HVAC, laundry hookups, appliances, Ozark Go fiber, and Cox Cable. Each unit has a deck or porch, there is a storage unit and a functional 2 car garage. Located in between Farmington and Prairie Grove, off Hwy 62 on a private dead end drive. Prairie Grove and Farmington are host to restaurants, shopping, flea markets, a water park, city parks, and 20mins to the University of Arkansas. Please do not disturb tenants, one unit available now for owner occupation. Lease details available.

FOR SALE DETAILS

PRICE

$680,000 USD

PRICE/SF

$158 USD /SF

# OF UNITS

4

PRICE/UNIT

$170,000

CAP RATE

7.94%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1975

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.2 AC

LAND SF

52,228 SF

ZONING

R-2

APN/PARCEL ID

805-20334-480

ASK ABOUT THIS PROPERTY

Amanda WellsCollier & AssociatesMore Info
479-799-1638

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Amanda WellsCollier & AssociatesMore Info
479-799-1638

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