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1600 Lane St 14 Unit Apartment Building $1,046,575 CAD ($74,755 CAD/Unit) 10.87% Cap Rate Pine Bluff, AR 71602
Executive Summary
Attention Investors!!! Great 14 unit complex that stay full with a waiting list. Over $70,000 in capital improvements over the last three years. Average rents are 485 with room for growth with further upgrades. Don't miss this opportunity to own this cash cow!
Property Facts
| Price | $1,046,575 CAD | Building Class | C |
| Price Per Unit | $74,755 CAD | Lot Size | 0.55 AC |
| Sale Type | Investment | Building Size | 3,888 SF |
| Cap Rate | 10.87% | Average Occupancy | 100% |
| No. Units | 14 | No. Stories | 1 |
| Property Type | Multifamily | Year Built/Renovated | 1981/2025 |
| Property Subtype | Apartment |
| Price | $1,046,575 CAD |
| Price Per Unit | $74,755 CAD |
| Sale Type | Investment |
| Cap Rate | 10.87% |
| No. Units | 14 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Building Class | C |
| Lot Size | 0.55 AC |
| Building Size | 3,888 SF |
| Average Occupancy | 100% |
| No. Stories | 1 |
| Year Built/Renovated | 1981/2025 |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 14 | - | - |
1 1
Somewhat walkable
30/100
Exceptionally drivable
90/100
Somewhat bikeable
30/100
Property Taxes
| Parcel Number | 930-12723-000 | Improvements Assessment | $27,926 CAD |
| Land Assessment | $5,981 CAD | Total Assessment | $33,907 CAD |
Property Taxes
Parcel Number
930-12723-000
Land Assessment
$5,981 CAD
Improvements Assessment
$27,926 CAD
Total Assessment
$33,907 CAD
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Presented by
Jeffrey Johnston
1600 Lane St
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