2401 S 50th St - Apartments FOR SALE


Fort Smith, AR 72903- Fort Smith Southside
$2,200,000 USD
479-719-0344
2401 S 50th St, Fort Smith, AR for Sale
$2,200,000 USD
Apartments - FOR SALE
1/50
null | 6% Cap Rate

2401 S 50th St
Fort Smith, AR 72903
Fort Smith Southside


OVERVIEW

This prime multifamily property in Fort Smith, AR, holds significant potential for rental income, thanks to its central location and diverse resident base. With its strategic placement, the property taps into a broad tenant pool, offering convenient access to urban amenities, employment centers, and recreational facilities. The central location provides residents with easy connectivity to key destinations, enhancing the property's appeal and rental potential. The resident base benefits from the property's proximity to retail, dining, and entertainment options, making it an attractive choice for individuals and families seeking a vibrant and convenient living experience.

FOR SALE DETAILS

PRICE

$2,200,000 USD

PRICE/SF

$72 USD /SF

# OF UNITS

24

PRICE/UNIT

$91,667

CAP RATE

6%

% LEASED

88%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1983

PARKING SPACES

64

LAND DETAILS

LAND ACRES

1.8 AC

LAND SF

78,616 SF

ZONING

-

APN/PARCEL ID

18883-0000-01105-00

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.