Great Investment opportunity in Lake City Arkansas . These are 3-5 year old brick construction apartments. All of the units are within a few blocks of each other for ease of service and management. There are 2 triplex units located on Hwy 18 and James streets that offer 2 bedroom and 2 full baths. A Triplex on Prairie which offers 2 bedrooms with 2 full baths in each unit. A duplex on Prairie with the same 2 bedroom 2 full bath amenities per unit and has a Condo style home attached to the back that offers 3 bedrooms and 2 full baths. Over 2 blocks to Tupelo street you will find a duplex with the 2 bedroom 2 full bath set up and behind facing Maumelle street a stand alone 3 bedroom 2 full bath Condo style home. Great locations, VERY GOOD occupancy rates . The units are producing a 7 plus CAP rate. New properties offering good cash flow the day of close without the hassles of building. blocks of each other for ease of service and management. There are 2 triplex units located on Hwy 18 and James streets that offer 2 bedroom and 2 full baths. A Triplex on Prairie which offers 2 bedrooms with 2 full baths in each unit. A duplex on Prairie with the same 2 bedroom 2 full bath amenities per unit and has a Condo style home attached to the back that offers 3 bedrooms and 2 full baths. Over 2 blocks to Tupelo street you will find a duplex with the 2 bedroom 2 full bath set up and behind facing Maumelle street a stand alone 3 bedroom 2 full bath Condo style home. Great locations, VERY GOOD occupancy rates . The units are producing a 7 plus CAP rate. New properties offering good cash flow the day of close without the hassles of building.
- Property Type
Office
- Property ID
2085743
