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Investment Highlights
- 20 UNIT REDEVELPMENT OPPORTUNITY IN NEWPORT AR
- $9,000 PER UNIT COST
- LOW BUY IN COST
Executive Summary
This is a 20 unit apartment complex that is ready for rehabilitation. It is currently vacant and includes 5 two story building each with four 800 sq ft units per building.
Masonary construction and ready to start. Low buy in price of $179,000. Renovation could be made in stages as the buildings are on separate lots.
Seller prefers an all cash offer and quick close. Property will not last long at this price
Masonary construction and ready to start. Low buy in price of $179,000. Renovation could be made in stages as the buildings are on separate lots.
Seller prefers an all cash offer and quick close. Property will not last long at this price
Property Facts
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+1 | 20 | - | 860 |
1 1
Somewhat walkable
20/100
Very drivable
80/100
Somewhat bikeable
30/100
Property Taxes
| Parcel Numbers | Improvements Assessment | $33,863 CAD | |
| Land Assessment | $8,941 CAD | Total Assessment | $42,804 CAD |
Property Taxes
Parcel Numbers
Land Assessment
$8,941 CAD
Improvements Assessment
$33,863 CAD
Total Assessment
$42,804 CAD
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204 Ash St
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