Turnkey income-producing multifamily opportunity in Newport, AR (Jackson County). 16 one-bedroom studio units, fully leased. Cinder block exterior and metal roof - durable, low-maintenance construction that minimizes long-term repair and replacement costs compared to wood-frame/shingle multifamily stock. There are 3 buildings which consists of Building #1-4 units, Building #2 & #3 -6 units each. Cash flowing opportunity from the first day of ownership.
| MLS # | 26031371 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | For-sale |
| Status | Active |
| Year | 1980 |
| Days On Site | 31 |
| Listing Provided By | IMAGE Realty | Selina Reithemeyer |
| Story(s) | 1 |
|---|---|
| Units | 16 |
| Zoning | Apartments |
| Acreage | 0.47 |
| Exterior | Block |
|---|---|
| Roof | Metal |
| Foundation | Slab |
| Utilities | Sewer-Public, Water-Public, Electric-Municipal |
|---|
| Property | 1709 |
|---|
| State | AR |
|---|---|
| County | Jackson |
| City | Newport |
| Zip Code | 72112 |
| Area | NEWPORT |
| Subarea | NEWPORT |
| Community Name | Wilson |
| School District | Newport |
| Elementary School | Newport |
| High School | Newport |
| Listing VS Median (in Wilson) | |
Price: $680,000 low | high Med: $120,000 On site: 31 low | high Med: 140 | |
| State | AR |
|---|---|
| County | Jackson |
| City | Newport |
| Zip Code | 72112 |
| Area | NEWPORT |
| Subarea | NEWPORT |
| Community Name | Wilson |
| School District | Newport |
| Elementary School | Newport |
| High School | Newport |
| Listing VS Median (in Wilson) | |
Price: $680,000 low | high Med: $120,000 On site: 31 low | high Med: 140 | |