1805 S Y St - Apartments FOR SALE


Fort Smith, AR 72901- Fort Smith Southside
$1,025,000 USD
479-719-0344
1805 S Y St, Fort Smith, AR for Sale
$1,025,000 USD
Apartments - FOR SALE
1/45
null | 6.81% Cap Rate

1805 S Y St
Fort Smith, AR 72901
Fort Smith Southside


OVERVIEW

Unlock the potential of this prime investment opportunity located in Fort Smith, AR. This well-maintained, 10,144 SF Multifamily / High-Rise property, featuring 15 units, was thoughtfully renovated in 2023 and boasts an impressive 80% occupancy rate. Built in 1985 and zoned RM-3, it presents a solid foundation for investors seeking long-term returns. With its strategic location and strong market demand, this property offers an exceptional portfolio addition. Embrace the potential for lucrative returns and take advantage of this turnkey investment in the thriving Fort Smith area. https://buildout.com/website/1595913-sale?template_id=5

FOR SALE DETAILS

PRICE

$1,025,000 USD

PRICE/SF

$101 USD /SF

# OF UNITS

15

PRICE/UNIT

$68,333

CAP RATE

6.81%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Ivy Hills Apartments

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1985

PARKING SPACES

14

LAND DETAILS

LAND ACRES

0.88 AC

LAND SF

38,333 SF

ZONING

RM-3

APN/PARCEL ID

10214-0019-00073-00

ASK ABOUT THIS PROPERTY

Joshua HarmonHarmon Real Estate CompanyMore Info
479-719-0344

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Joshua HarmonHarmon Real Estate CompanyMore Info
479-719-0344

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