Jeremy O'Gorman
BEDS0
BATHS
SQUARE FEET1,721
MLS#26019514
STATUSNew Listing
PROPERTY TYPEMulti Unit - Multiple
SUBDIVISIONBriarfield Section #4
NEIGHBORHOODJACKSONVILLE
Property Description
7-unit multifamily investment portfolio located in Jacksonville, Arkansas consisting of a mix of 2BR/1.5BA and 3BR/2BA units. Current gross scheduled income approximately $56,520 annually. Offered at approximately a 6% cap rate based on current income with additional upside through rental adjustments and operational improvements. Portfolio includes multiple floor plans with stable occupancy history and potential for increased returns through minor cosmetic updates and management improvements. Convenient location near LRAFB, major highways, shopping, and employment centers supports long-term rental demand. Ideal opportunity for investors seeking cash flow with future appreciation potential.
Property Features
Property Type: Multi Unit - Multiple
Cooling: Central
Fenced: Yes
Heating: Central Heat
Home Style: Traditional
Lot Size: 0.05 acre(s)
Roof Type: Architectural Shingle
Stories: 1.0
Taxes: $4,093
Year Built: 1985
Amenities
Washer Connection
Dryer Connection-Electric
Partially Fenced
Chain Link
Wood Fence
Feature Descriptions
Appliance(s)/Kitchen Equipment: Free-Standing Stove
Expenses Include: Taxes
Exterior: Metal/Vinyl Siding
Lot Dimensions: 0.05 acre(s)
Number of 1 Bedroom Unit(s): 1
Number of 2 Bedroom Unit(s): 1
Number of 3 Bedroom Unit(s): 1
Parking Notes: None
Sewer: Public Sewer
Units: 2
Water: Public Water
Listed By / Shown By
Listed By
Agency Name: Alethes Realty
Agency Phone: 479-968-5668
Shown By
Agent Name: Jeremy O'Gorman
Agent Phone:
Agency Title: Crye-Leike Real Estate Services
Source: Arkansas MLS
Estimate Your Payment
Estimated Payment
$ 1,750.73 per month $1,246.32 Principal & Interest $341.08 Property Tax $163.33 Homeowner's InsuranceChange Payment Information
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917 Ruth Ann Drive | MLS# 26019514
This multi-family property located at 917 Ruth Ann Drive , Jacksonville, AR 72076 is currently listed for sale with an asking price of $560,000. Search Jacksonville real estate on jogorman.crye-leike.com today.