$1,390,000$2,100,000
1125 West End AvenueFayetteville,
Arkansas AR72703
StatusClosed
Sold Date10/13/2022
SqFt
20,429
Acres
2
CountyWashington
SubdivisionFayetteville Outlots
Year Built1968
Property TypeResidential
Property Sub TypeApartment
Description
Great opportunity with built in equity for the right buyer. This property offers 4 buildings on 2 acres with 50 units. Zoned RMF-24 and has open space in the front of the lot for possible future development. All units were leased, consistent high occupancy rate, approx 29K gross monthly income. Property flooded on 5/5/2022 with the heavy rains so tenants have been moved out and demo is almost complete to remediate water damage. Currently being offered As-Is before seller completes renovations. This is a chance to get a huge equity position by handling the renovations and this property will be back to generating massive cash flow. Drywall has been removed, as well as trim or cabinets as needed. This is a great opportunity to return to the original condition or even upgrade to increase cash flow. Don't wait!
County
Washington
Price Before Reduction
2100000
Price Reduction Date
2022-05-27T00:12:19+00:00
Property Sub Type
Apartment
Property Type
Residential
Subdivision
Fayetteville Outlots
Year Built
1968
Zoning
Multi Family
Appliances
Electric Water Heater, Gas Water Heater
Cooling
Window Unit(s)
Flooring
Luxury Vinyl Plank
Heating
Electric
Levels
One
Living Area Source
Public Records
Construction Materials
Vinyl Siding
Fencing
None
Foundation Details
Slab
Frontage Length
Wedington
Lot Features
Cleared, City Lot, Industrial Park, Level, Near Park
Lot Size Area
2
Number Of Units Total
50
Parking Features
Parking Lot, Asphalt
Road Frontage Type
Public Road
Roof
Architectural, Shingle
Window Features
Double Pane Windows, Vinyl
Building Area Source
Public Records
Building Area Total
20429
Elementary School District
Fayetteville
High School District
Fayetteville
Middle Or Junior School District
Fayetteville
Postal City
Fayetteville
Zoning
N
CLIP
7973445739
Documents Count
4
Mls Status
Closed
Permission
IDX
Property Sub Type Additional
Apartment, Multi Family
Year Built Details
25 Years or older
Special Listing Conditions
None
Tax Annual Amount
8651
© 2024 Northwest Arkansas BOR MLS (NABORMLS). All rights reserved. The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of NABORMLS. Real estate listings held by IDX Brokerage firms other than Bassett Mix & Associates, Inc. are marked with the Internet Data Exchange logo or the Internet Data Exchange thumbnail logo and detailed information about them includes the name of the listing Brokers. Information provided is deemed reliable but not guaranteed. The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed. Data last updated: Friday, March 29th, 2024 at 02:26:04 AM.
#IDX-primaryPhoto,#idx-details-headerListed by: Keller Williams Market Pro Realty (479) 718-2800
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