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5600 Spradling Ave - Duplexes on Spradling 4 Unit Apartment Building Offered at $766,360 CAD at a 7.04% Cap Rate Fort Smith, AR 72904

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EXECUTIVE SUMMARY

Turnkey Multifamily Investment Opportunity!
This newly constructed multifamily property features two duplexes with a total of four fully leased units starting March 1, 2025. Each 2-bedroom, 2-bathroom unit
boasts modern aesthetics, quartz countertops, sealed concrete flooring, and comes equipped with a refrigerator and washer/dryer connections. Perfect for investors seeking immediate rental income with minimal upkeep.

FINANCIAL SUMMARY (PRO FORMA - 2025) Click Here to Access

ANNUAL (CAD) ANNUAL PER SF (CAD)
Gross Rental Income $99,999 $9.99
Other Income - -
Vacancy Loss - -
Effective Gross Income $99,999 $9.99
Taxes $99,999 $9.99
Operating Expenses $99,999 $9.99
Total Expenses $99,999 $9.99
Net Operating Income $99,999 $9.99

FINANCIAL SUMMARY (PRO FORMA - 2025) Click Here to Access

Gross Rental Income (CAD)
Annual $99,999
Annual Per SF $9.99
Other Income (CAD)
Annual -
Annual Per SF -
Vacancy Loss (CAD)
Annual -
Annual Per SF -
Effective Gross Income (CAD)
Annual $99,999
Annual Per SF $9.99
Taxes (CAD)
Annual $99,999
Annual Per SF $9.99
Operating Expenses (CAD)
Annual $99,999
Annual Per SF $9.99
Total Expenses (CAD)
Annual $99,999
Annual Per SF $9.99
Net Operating Income (CAD)
Annual $99,999
Annual Per SF $9.99

PROPERTY FACTS

Price $766,360 CAD
Price Per Unit $191,590 CAD
Sale Type Investment
Cap Rate 7.04%
Gross Rent Multiplier 11.5
No. Units 4
Property Type Multifamily
Building Class A
Lot Size 0.56 AC
Building Size 3,488 SF
Average Occupancy 100%
No. Stories 1
Year Built 2024

AMENITIES

  • Smoke Detector

UNIT AMENITIES

  • Air Conditioning
  • Dishwasher
  • Microwave
  • Washer/Dryer Hookup
  • Heating
  • Ceiling Fans
  • Refrigerator
  • Oven
  • Stainless Steel Appliances
  • Range
  • Tub/Shower
  • Walk-In Closets
  • Island Kitchen
  • Linen Closet
  • Porch
  • Large Bedrooms
  • Quartz Countertops

SITE AMENITIES

  • Private Bathroom

UNIT MIX INFORMATION

DESCRIPTION NO. UNITS AVG. RENT/MO SF
2+2 4 $1,389 CAD -
  • Listing ID: 34900724

  • Date on Market: 2025-02-21

  • Last Updated:

  • Address: 5600 Spradling Ave, Fort Smith, AR 72904

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