For Sale
For Sale
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Year Built
1985
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Overview
Investors get to select their tenants for 50% of this fourplex with 2 units vacant that were recently renovated. Great location 1 mile from Prairie Creek Marina and convenient to Rogers. Units rent for $950-$1000/mo with minimal landlord expenses. Priced at $123,750 per unit which is competitive with what duplex units in the area are selling for. Projected NOI $37,512 and projected cap rate 7.58%. Income and Expense info attached.
5,000-square-foot building with four units
Built in 1985 on +/- 0.84 acre
A short eight-minute drive to Historic Downtown Rogers
1 mile to Prairie Creek Marina
Property Details
Investors get to select their tenants for 50% of this fourplex with 2 units vacant that were recently renovated. Great location 1 mile from Prairie Creek Marina and convenient to Rogers. Units rent for $950-$1000/mo with minimal landlord expenses. Priced at $123,750 per unit which is competitive with what duplex units in the area are selling for. Projected NOI $37,512 and projected cap rate 7.58%. Income and Expense info attached.
5,000-square-foot building with four units
Built in 1985 on +/- 0.84 acre
A short eight-minute drive to Historic Downtown Rogers
1 mile to Prairie Creek Marina
- Property TypeOffice
- Year Built1985
- Sale Price$495,000
- Total Acres0.11
- Property ID2195058