318 E Purdon St - Multi-Family FOR SALE


England, AR 72046
$400,000 USD
501-908-1374
318 E Purdon St, England, AR for Sale
$400,000 USD
Multi-Family - FOR SALE
1/5
null | 7.2% Cap Rate

318 E Purdon St
England, AR 72046


HIGHLIGHTS

  • Close proximity to Little Rock
  • Low nearby multifamily competition
  • Future upside potential

OVERVIEW

Property Description: Stabilized 8-unit multifamily asset offering immediate cash flow with value-add upside. Property features a strong occupancy history, functional unit layouts, and on-site parking. Well-located with consistent rental demand, providing opportunity to increase rents and enhance returns through operational efficiencies and light improvements. Highlights: 8 units | Stabilized asset Strong in-place income Value-add potential (rent growth & renovations) On-site parking High-demand rental location Investment Summary: Attractive opportunity to acquire a cash-flowing multifamily property with upside in rents and long-term appreciation.

FOR SALE DETAILS

PRICE

$400,000 USD

PRICE/SF

$81 USD /SF

# OF UNITS

8

PRICE/UNIT

$50,000

CAP RATE

7.2%

% LEASED

75%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

ADD'L SUBTYPES

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1988

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.29 AC

LAND SF

12,632 SF

ZONING

R2 Small Multifamily

APN/PARCEL ID

750-01201-000

ASK ABOUT THIS PROPERTY

Spencer ThomasLPT RealtyMore Info
501-908-1374

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Spencer ThomasLPT RealtyMore Info
501-908-1374

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