$620,000 Price Analysis   ♡   Arkadelphia, AR 71923 12 bed 12 bath 5,824 SqFt ($106/SqFt) 1.0 acre lot. Built 1992 Listed 2024-05-17, Taxes $3,669 | ✓ USDA Eligible near Arkadelphia, AR Restrictions may apply due to home size |
Calling all investors!
Don't miss out on this exceptional opportunity in the heart of Arkadelphia. Presenting a stunning six-unit multiplex, each unit boasting the spaciousness and comfort of a townhome. Conveniently situated within a five-minute drive from both Ouachita Baptist University and Henderson State College and with easy access to Highway I-30, Set on approximately 1.07 acres of land, there's ample room for expansin, m aking it an ideal prospect for further development, such as adding another multiplex.
Currently, all units are occupied by long-term tenants, ensuring a steady income stream from day one. Each unit comprises two bedrooms and one-and-a-half bathrooms, offering residents both comfort and functionality. Whether you're a seasoned investor or new to the game, this property presents a lucrative investment opportunity in a prime location. Schedule a viewing today and seize the potential that this multiplex holds for your investment portfolio.
Presented by Sophia Reniguntala at
Crye-Leike Realtors Nlr Branch.
Property MLS #24017258 from Carmls
Electric Range
Refrigerator-Stays
Central Heat-Electric
Lot Size Acres: 1.0
Lot Size Square Feet: 43560
Tenant Pays: Electric, Water
Bedrooms in Unit-1: 2
Bedrooms in Unit-2: 2
Bedrooms in Unit-3: 2
Bedrooms in Unit-4: 2
Bedrooms in Unit-5: 2
Bedrooms in Unit-6: 2
Total Bathrooms in Unit-1: 1.5
Total Bathrooms in Unit-2: 1.5
Total Bathrooms in Unit-3: 1.5
Total Bathrooms in Unit-4: 1.5
Total Bathrooms in Unit-5: 1.5
Total Bathrooms in Unit-6: 1.5
Fitness/Bike Trail
Source Listing Status: Active
County: Clark
Directions: Interstate 30 to exit 78 for Arkadelphia Merge onto 7 head east toward Arkadelphia until you reach friendship, turn right then left onto Country Club Road. Continue straight on Country Club Road for about 0.5 mile property is right.
Tax Year: 2023
Source Property Type: Multi-Family
Area: ARKADELPHIA
Source Neighborhood: Clountry Club
Subdivision: Clountry Club
Zoning: commercial
Property Subtype: Apartments
Source System Name: C2C
| Year | Assessments Building + Land Total | Tax |
|---|---|---|
| 2022 | $56,660 + $8,000 $64,660 | $3,669 |
| 2021 | $56,660 + $8,000 $64,660 | $3,669 |
| 2020 | $56,660 + $8,000 $64,660 | $3,669 |
| 2018 | $57,500 + $8,000 $65,500 | $3,684 |
| 2017 | $57,500 + $8,000 $65,500 | $3,684 |
| 2016 | $57,500 + $8,000 $65,500 | $3,684 |
| 2015 | $57,500 + $8,000 $65,500 | $3,684 |
| 2014 | $57,500 + $8,000 $65,500 | $3,194 |
| 2013 | $55,260 + $8,000 $63,260 | $3,194 |
| 2012 | $55,260 + $8,000 $63,260 | $3,194 |
| 2011 | $55,260 + $8,000 $63,260 | $3,112 |
| 2010 | $55,260 + $8,000 $63,260 | $3,102 |
| 2009 | $55,260 + $8,000 $63,260 | $2,820 |
| 2008 | $49,320 + $8,000 $57,320 | $2,714 |
| 2007 | $45,078 + $5,500 $50,578 | $2,488 |
| 2006 | $40,980 + $5,000 $45,980 | $2,262 |
$620,000
Carmls
Listing removed 2023-10-11
$319,000
Carmls
Listing removed 2023-10-11
$670,000
Carmls
Listing removed 2023-10-11
$605,000
Carmls
Sold 2021-11-19
$310,000
Public Record
Sold 1993-08-01
$224,000
Public Record
Sold 1992-09-01
$26,000
Public Record
Operating Expense Includes: Taxes, Insurance, Pest Control
Year Built: 1992
Building Exterior Type: Brick, Brick & Frame Combo
Foundation Details: Slab
Property Age: 32
Roof: Architectural Shingle
Levels or Stories: Two Story
House Style: Traditional
Electric-Co-op
TV-Cable
Water Source: Water-Public
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.