This 50-unit garden-style apartment community presents a rare opportunity to acquire ten two-story buildings on over 3 acres in a fast growing city. Located near shops (Walmart), schools (Arkansas Tech University, Russellville high school, middle school), and minutes from parks and lake Dardanelle with its many trails, this area provides the ideal location to attract long term tenants. Easy to run building with maintenance personnel on site and an excellent manager that takes
great care of the building and oversees day-to-day operations. Well cared for property with extensive recent upgrades including:
All units have also been upgraded with:
- New central air and heating and new water heater installed in most units for energy efficiency
and minimize maintenance costs.
- brand new granite countertops with new faucets and sinks,
- brand new stoves and brand new refrigerators,
- Updated flooring, painting, new LED lighting,
- all new ceiling fans and electrical outlets.
- All exterior staircases have been redone and wood beams replaced with brand new carbon
steel.
-Extra income from onsite laundry facility.
This cash-flowing property is ideal for both local and remote investors looking for an easy to
manage investment.