1507 N Bobby L Glover Hwy - Apartments FOR SALE


Carlisle, AR 72024
$1,500,000 USD
866-889-0550
1507 N Bobby L Glover Hwy, Carlisle, AR for Sale
$1,500,000 USD
Apartments - FOR SALE
1/3
null | Request Cap Rate

1507 N Bobby L Glover Hwy
Carlisle, AR 72024


HIGHLIGHTS

  • Property Type: Multi-family residential apartment complex.
  • Occupancy: The property has achieved a current occupancy rate of 55%.
  • Section 8 Acceptance: The property’s acceptance of Section 8 vouchers provides a stable & reliable income, as rent payments are government-backed.
  • Onsite Laundry
  • Two-Bedroom Manager Apartment
  • Condition: The property has been fully renovated, minimizing the immediate risk of major capital expenditures.

OVERVIEW

Kyle Matthews License # PB00084217 (AR) Matthews Real Estate Investment Services 1600 West End, Ste. 1500 Nashville, TN 37203 (866) 889-0550

FOR SALE DETAILS

PRICE

$1,500,000 USD

PRICE/SF

$192 USD /SF

# OF UNITS

24

PRICE/UNIT

$62,500

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Galaxy Studio Apartments

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1975

PARKING SPACES

30

LAND DETAILS

LAND ACRES

0.18 AC

LAND SF

7,841 SF

ZONING

Multi Family

APN/PARCEL ID

731-90127-000

ASK ABOUT THIS PROPERTY

Brandon BoykinsMatthews Real Estate Investment ServicesMore Info
866-889-0550

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Brandon BoykinsMatthews Real Estate Investment ServicesMore Info
866-889-0550

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