Exceptional Multi-Family Investment Opportunity – Downtown Jonesboro Rare opportunity to acquire a fully occupied, income-producing multi-family property in the heart of the Downtown Jonesboro Entertainment District. This historic property features 11 loft-style residential units and 8 gated parking spaces, generating over $200,000 in gross annual income, with opportunities to further increase revenue. Located in the iconic Massinelli's Dry Cleaning Building, the property blends historic character with modern conveniences. Residents enjoy secure gated access, a fire sprinkler system, tankless water heaters, and an exclusive rooftop patio with panoramic downtown views. Property Highlights: 11 Residential Loft Units 9 Two-Bedroom, Two-Bath Units 2 One-Bedroom, One-Bath Units 8 Gated Parking Spaces Fully Occupied with Strong Rental History Gross Annual Income Exceeding $200,000 Secure Gated Access Fire Sprinkler System Tankless Water Heaters Private Rooftop Patio for Residents Prime Downtown Entertainment District Location Jonesboro's rental market remains strong, with approximately 52% renter occupancy, making this an attractive, stable investment with immediate cash flow and long-term appreciation potential. Properties offering authentic loft-style living with dedicated gated parking are exceptionally rare in the downtown market. An outstanding opportunity for investors seeking a high-quality asset or those completing a 1031 Exchange. Financial statements, rent roll, and additional property information are available upon request.