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Miller Apartments 915 E 5th St 4 Unit Apartment Building $627,466 CAD ($156,867 CAD/Unit) 5.81% Cap Rate Texarkana, AR 71854

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EXECUTIVE SUMMARY

Check out this 5,000 sq ft plus Colonial, converted into a 4 unit apartment. Featuring high ceilings, original wood floors & old world character throughout, this is indeed a rare find. Tons of value add potential through moving rents to market. Be sure to check out the virtual tour.

PROPERTY FACTS

Price $627,466 CAD
Price Per Unit $156,867 CAD
Sale Type Investment
Cap Rate 5.81%
No. Units 4
Property Type Multifamily
Property Subtype Apartment
Building Class C
Lot Size 0.28 AC
Building Size 5,012 SF
Average Occupancy 100%
No. Stories 2
Year Built/Renovated 1940/1989
Parking Ratio 2/1,000 SF
Zoning Residential - Residential

UNIT MIX INFORMATION

DESCRIPTION NO. UNITS AVG. RENT/MO SF
2+1 1 $1,396 CAD 1,400
1+1 2 $907.35 CAD 940 - 1,240
3+1 1 $1,347 CAD 1,400
  • Listing ID: 29376490

  • Date on Market: 2023-08-26

  • Last Updated:

  • Address: 915 E 5th St, Texarkana, AR 71854

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