2308 Savannah St
Fort Smith,
AR
72903
Property Details
List Price: |
$756,000 |
Beds: |
-- |
Baths: |
-- |
Status: |
Pending |
SqFt: |
8308 |
Agency: |
Harmon Real Estate Company |
Description/Comments
Lot Size: |
-- |
Property Type: |
MultiFamily |
Year Built: |
-- |
Notes: |
The Pines on Savannah, located at 2308 Savannah Street Fort Smith, AR, is a premier 12 unit investment opportunity. This garden style apartment complex has been remodeled from top to bottom and has a proven track record of steady rent collection. The current ownership group has streamlined operations and rent collection online. Rents have been raised from $485 average to $687 average within 12 months. Based on rental comparables, there seems to be more room to increase the average with time. The unit mix consist of 7 one bedroom/one bathroom ($567 average) units and 5 two bedroom/one bathroom ($806 average) units. The on-site laundry room has been renovated and adds to the net income consistently. <br />
<br />
Showings will be conducted on scheduled tour dates. Please do not disturb the residents. |
MlsNumber: |
1067140 |
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Listing Provided By: |
Harmon Real Estate Company, original listing |
Name: |
Harmon Real Estate Company |
Phone: |
(479) 719-0344 |
Office Name: |
Harmon Real Estate Company |
Office Phone: |
(479) 763-1288 |
Agent Name: |
Joshua Harmon |
Disclaimer: |
Copyright © 2024 Fort Smith Board of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified. |