$450,000 Price Analysis   ♡   Cabot, AR 72023 Unknown bed None bath 6,322 SqFt ($71/SqFt) 0.39 acre lot. Built 1978 Listed 2024-02-27, Taxes $2,355 | Ⓧ USDA Ineligible due to location near Cabot |
Newly updated 8 unit apartment complex
* Sale Pending *Featuring all 2 bedroom, 1 bath units. The exterior has been recently updated with new windows, doors, siding, parking area and roof, providing a fresh and modern look to the building. While the exterior is in pristin condition, the interior of the units are in need of updates, allowing the new owner the opportunity to pu t their own personal touch on each unit.
The seller is firm on the list price and will not entertain anything less. Additionally, the seller will not offer any concessions, making this a fantastic investment opportunity for those looking to add value through interior updates. Buyers must show POF or Approval from Lender with all offers.
Presented by Rhonda Gibson at
Arkansas Homes & Land.
Property MLS #24006397 from Carmls
Ceilings: Sheet Rock
Flooring: Luxury Vinyl
Central Heat-Electric
Wood Fence
Roads: Paved
Lot Size Acres: 0.39
Lot Size Square Feet: 16988
Gross Income: 55200
Tenant Pays: All Utilities
Source Listing Status: Under Contract
County: Lonoke
Directions: Hwy 89S Turn right at light on S Lincoln Left on E Main Property is on Right
Source Property Type: Multi-Family
Area: CABOT SCHOOL DISTRICT
Source Neighborhood: City of Cabot
Subdivision: City of Cabot
Zoning: R2
Property Subtype: Apartments
Source System Name: C2C
| Year | Assessments Building + Land Total | Tax |
|---|---|---|
| 2022 | $41,060 + $5,220 $46,280 | $2,355 |
| 2021 | $41,060 + $5,220 $46,280 | $2,355 |
| 2020 | $42,940 + $5,220 $48,160 | $2,451 |
| 2018 | $42,940 + $5,220 $48,160 | $2,379 |
| 2017 | $42,940 + $5,220 $48,160 | $2,379 |
| 2016 | $42,940 + $5,220 $48,160 | $2,379 |
| 2015 | $42,940 + $5,220 $48,160 | $2,359 |
| 2014 | $43,010 + $4,750 $47,760 | $2,359 |
| 2013 | $43,010 + $4,750 $47,760 | $2,359 |
| 2012 | $43,010 + $4,750 $47,760 | $2,347 |
| 2011 | $38,810 + $4,750 $43,560 | $2,151 |
| 2010 | $38,810 + $4,750 $43,560 | $1,956 |
| 2009 | $44,980 + $4,750 $49,730 | $1,805 |
| 2008 | $44,980 + $4,750 $49,730 | $1,654 |
| 2007 | $38,900 + $3,800 $42,700 | $1,397 |
| 2006 | $38,900 + $3,800 $42,700 | $1,290 |
$450,000
Carmls
Listed 2024-02-27
$550,000
Carmls
Sold 2002-01-01
$211,000
Public Record
Operating Expense Includes: Taxes, Trash
Year Built: 1978
Building Exterior Type: Brick, Metal/Vinyl Siding
Foundation Details: Slab
Property Age: 46
Roof: Composition
Levels or Stories: Two Story
House Style: Traditional
Walls: Sheet Rock
Water-Public
Electric-Co-op
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.