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1400 Jacobs Ave 18 Unit Apartment Building $2,163,676 CAD ($120,204 CAD/Unit) Fort Smith, AR 72908

Apartment Buildings Arkansas Fort Smith 1400 Jacobs Ave, Fort Smith, AR 72908

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EXECUTIVE SUMMARY

Fantastic investment opportunity with this 18-unit multi-family complex featuring a strong rental history and well-maintained buildings. Building 1 offers 10 spacious 2-bedroom, 1-bath units totaling 8,512 sq. ft. Built in 1987, each unit is equipped with central heat and air, washer/dryer hookups, and refrigerators. Current monthly rental income is $7,050. Building 2, constructed in 2021, adds 8 modern units with high-end finishes. Four units feature 2 bedrooms and 2 baths, while the remaining four are 1-bedroom, 1-bath layouts. These units showcase granite countertops, tile flooring, central heat and air, and washer/dryer hookups. Total building size is 7,408 sq. ft. with a current monthly rent roll of $6,650. Together, this complex combines established cash flow with newer construction for reduced maintenance and long-term value.

PROPERTY FACTS

Price $2,163,676 CAD Lot Size 0.85 AC
Price Per Unit $120,204 CAD Building Size 15,920 SF
Sale Type Investment Average Occupancy 100%
No. Units 18 No. Stories 2
Property Type Multifamily Year Built 1987
Property Subtype Apartment Parking Ratio 2.07/1,000 SF
Building Class C
Price $2,163,676 CAD
Price Per Unit $120,204 CAD
Sale Type Investment
No. Units 18
Property Type Multifamily
Property Subtype Apartment
Building Class C
Lot Size 0.85 AC
Building Size 15,920 SF
Average Occupancy 100%
No. Stories 2
Year Built 1987
Parking Ratio 2.07/1,000 SF

AMENITIES

UNIT AMENITIES

  • Air Conditioning
  • Washer/Dryer Hookup
  • Heating
  • Eat-in Kitchen
  • Refrigerator
  • Range
  • Family Room
1 1

PROPERTY TAXES

Parcel Number 10741-0001-00008-00 Improvements Assessment $376,931 CAD
Land Assessment $15,594 CAD Total Assessment $392,525 CAD

PROPERTY TAXES

Parcel Number
10741-0001-00008-00
Land Assessment
$15,594 CAD
Improvements Assessment
$376,931 CAD
Total Assessment
$392,525 CAD
(479) 459-7156

Still interested?

Contact the broker for more information about this property

CONTACT

  • Randy Pendergraft
    Randy Pendergraft

  • Listing ID: 37827260

  • Date on Market: 2025-09-25

  • Last Updated:

  • Address: 1400 Jacobs Ave, Fort Smith, AR 72908

The Cavanaugh Multifamily Property at 1400 Jacobs Ave, Fort Smith, AR 72908 is currently available. Contact Keller Williams Platinum Realty for more information.

MULTIFAMILY PROPERTIES IN NEARBY NEIGHBORHOODS

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1400 Jacobs Ave
(479) 459-7156 x

1400 Jacobs Ave

Randy Pendergraft
(479) 459-7156

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