Share This Listing

Message

968 characters remaining

Hmm, there seems to have been an error sending your message. Please try again.

Your email has been sent.

Still interested?

Contact the broker for more information about this property

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

Property Facts

Price $244,711 CAD
Price Per Unit $12,236 CAD
Sale Type Investment
Sale Condition Redevelopment Project
No. Units 20
Property Type Multifamily
Property Subtype
Apartment
  • Multifamily Dormitory
Apartment Style Low-Rise
Building Class C
Lot Size 1.52 AC
Building Size 77,000 SF
Average Occupancy 0%
No. Stories 2
Year Built 1945

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
2+1 20 - 860
Somewhat walkable
20/100
Very drivable
80/100
Somewhat bikeable
30/100

Property Taxes

Property Taxes

Parcel Numbers
Multiple
  • 013-00486-000
  • 013-00490-000
Land Assessment
$8,941 CAD
Improvements Assessment
$33,863 CAD
Total Assessment
$42,804 CAD
  • Listing ID: 40269222

  • Date on Market: 2026-04-23

  • Last Updated:

  • Address: 204 Ash St, Newport, AR 72112

Link copied
Your LoopNet account has been created!

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, "rating") }}
255 character limit ({{ remainingChars() }} charactercharacters remainingover)
{{ getErrorText(feedbackForm.msg, "rating") }}
{{ getErrorText(feedbackForm.fname, "first name") }}
{{ getErrorText(feedbackForm.lname, "last name") }}
{{ getErrorText(feedbackForm.phone, "phone number") }}
{{ getErrorText(feedbackForm.phonex, "phone extension") }}
{{ getErrorText(feedbackForm.email, "email address") }}