Don't miss this excellent opportunity to own The Park Apartments, a 16 unit multifamily property offering immediate income potential. With 14 of the 16 units currently occupied, this property provides established cash flow with additional upside through the remaining vacancies. Many updates have already been completed throughout the property, making it an attractive investment for those looking to expand or begin a multifamily portfolio. Rent rolls are available for buyer review, and the occupied units currently generate monthly rents starting at $650 or more, offering a solid foundation for future income. As an added benefit, the seller is offering a $10,000 maintenance and upgrade allowance with an acceptable full-price offer, providing the opportunity to make additional improvements or enhancements. Whether you're a seasoned investor or looking to purchase your first multifamily property. The Park Apartments offers income-producing potential in one investment. For more information or to schedule a private showing, contact: Lauren Brown, REALTOR Century 21 First Choice Realty 501-691-4071 Buyer to verify all information, including rents, lease terms, square footage, occupancy, and financial information during the due diligence period.
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Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included
All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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