Hot Springs, AR 71913,5703 CENTRAL AVENUE
Hot Springs, AR 71913,5703 CENTRAL AVENUE
Hot Springs, AR 71913,5703 CENTRAL AVENUE
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$999,000
Est. payment /mo
13,846 SqFt

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Apartments

Listing Status Active

Purchase Type For Sale

Square Footage 13,846 sqft

Price per Sqft $72

Subdivision Metes & Bounds

MLS Listing ID 25002811

Style Other (see remarks)

Annual Tax Amount $66,284

Lot Size 0.590 Acres

Acres 0.59

Property Sub-Type Apartments

Property Description

19 unit apartment building consisting of 11 townrow apartments in the front building and 8 duplex units in the back of the building. Unit count is 11 one bedroom/one bath, 5 two bedroom/one bath, and 3 studio/one bath apts. Property appraised for $1,190,000 in 2021 - priced for quick sale. Perfect property for out of town investor to collect cash flow now and renovate the few vacancies and increase rents. These are located in the prominent Lakeside School District. Owner added $48k in CAPEX by replacing all of the gas lines to every unit.

Location

State AR

County Garland

Area Lakeside School District

Zoning COMM. INPR

Rooms

Basement None

Kitchen Other (see remarks)

Interior

Heating Central Cool-Electric, Central Heat-Electric

Flooring Other (see remarks)

Equipment Other (see remarks)

Exterior

Exterior Feature Dumpster

Parking Features Other (see remarks)

Utilities Available Sewer-Public, Water-Public, Electric-Municipal

Roof Type Metal

Building

Lot Description Level

Foundation Slab

New Construction No

Schools

Elementary Schools Lakeside

Others

Virtual Tour https://idx.paradym.com/idx/5703-CENTRAL-AVENUE-Hot-Springs-AR-71913/4904134


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Listed by Baxley-Penfield-Moudy Realtors • Greg M Calaway

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agent

Sylvia N. Ball

+1(501) 613-8995

Executive Broker | License ID: 00083026

Executive Broker License ID: 00083026

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