5703 CENTRAL AVENUE Under Contract Save Request In-Person Tour Request Virtual Tour
Hot Springs,AR 71913
Key Details
Property Type Multi-Family
Sub Type Apartments
Listing Status Under Contract
Purchase Type For Sale
Square Footage 13,846 sqft
Price per Sqft $81
Subdivision Metes & Bounds
MLS Listing ID 25002811
Style Other (see remarks)
Year Built 1990
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.Also 121 Second Street which is a 6 unit apartment. 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