27 renovated apartments 6 remodeled full common baths and one half bath (3 per floor) fully furnished ALL units with kitchens (including oven, fridge and microwaves, package heat/air units and dish satellite. Includes 2000 sq ft attic / office and CCTV 9 camera system. 2 large storage buildings. 6-1 bedroom 1 bath, 2 1 bedroom 1/2 bath and 19 studios. INVESTORS TAKE NOTICE: CURRENTLY 100% OCCUPIED. 60% of current renters are monthly vs weekly. 27 unit, 2-story apartment building within feet of Hot Springs Convention Center and Bank of the Ozarks Arena. Parcel 400-33759-002-000C with RPID 54714 and lot dimensions of 40 x 185! Legal: BLK 80 LOT PT 4 & 5. Units rent range from $500-$750/month grossing $16,879 in May 2018. All apartments and studios have a full kitchenette with range, refrigerator, dual basin sinks and microwaves and are fully furnished with beds, dressers, dual basin sinks, package heat/air (2014), satellite and TV's with remote. Internet router with five boosters for 40. Month 27 apartments available. 3 Full baths on each floor for community use and 5 apartments have Full baths 2 units have half bathrooms. Large floored attic for storage. Fully renovated and updated in 2014 with New Package heat/air in every unit, tile floors, bath remodels, new HD architectural lifetime roof and decking installed 11-2016, dish satellite rack system (22 receivers all owned) monthly bill ONLY $148 monthly for entire building, new covered 12x25 shop and 8x10 storage building, inside painted in 2014 and the front of building and porch in 2015. Electric, gas, trash, internet and cable combined only $1900. A month. Call Brian at 5017948145 to setup viewing or for more details. Onsite cleaning staff, management and maintenance. New package heat/air for all apartments and laundry facilities too. Building, land, appurtenances and improvements to convey with purchase. Management company Includes ads, leases, collections, delegating maintenance, cleaning, evictions, showings, contracting, bookkeeping and purchasing. Mgmt Fee is 15% of gross revenue. I may carry up to 200k @ 5-7% on short note for right buyer.
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