900 Belt 902 Belt
Jonesboro, AR 72401
MLS #17036793

  • 19units
Est. P&I payment: $3047.82/mo
900 Belt 902 Belt, Jonesboro, AR 72401
Description for 900 Belt 902 Belt, Jonesboro, AR 72401
Check out this multi-family investment opportunity! Nice cash flow on this 19 unit apartment complex consisting of (8) one bedroom units and (11) two bedroom units. 1 bedroom units rent for $475.00 and 2 bedroom units rent for $575. Each apartment includes two parking spaces, gas and electric utilities, and some appliances. (Four units have long term renters from prior ownership and have lower rents. Once all rents are raised to $475 and $575 the gross will be $120,000 per year.)
MLS #17036793
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My Notes for MLS #17036793

General Features

  • # Units: 19
  • 1BR # of Units: 8
  • 1BR Minimum Rent: 475
  • 2BR # of Units: 11
  • 2BR Minimum Rent: 575
  • Annual Expenses: 33,297
  • Annual Income: 104,540
  • Annual Taxes: 5,159
  • Approx Acreage: 0.53
  • Approx Bldg. SQFT: 11,752
  • Approx Lot Size: 38,​297 sq ft
  • Approx Year Built: 1970
  • Area: Jonesboro B
  • City: Jonesboro
  • Class: Multi-Family
  • County: Craighead
  • Elementary School: JONESBORO
  • EXPENSES INCLUDE: Other (see remarks)
  • EXTERIOR: Brick & Frame Combo
  • FLOORS: Other (see remarks)
  • Foreclosure (REO)?: NO
  • GARAGE/PARKING: Two Car,​Assigned
  • HEATING AND AIR COND: Central Cool-Electric,​Central Heat-Gas
  • High School: JONESBORO
  • Inside City Limits: Yes
  • INTERIOR FEATURES: Breakfast Bar
  • Junior High: ANNIE CAMP
  • KITCHEN EQUIPMENT: Other (see remarks)
  • LEASE TYPE: Monthly
  • Legal: Lot 1 Northside Subdivision
  • LISTING TYPE: Exclusive Right-To-Sell
  • LOT: Level
  • New Construction?: No
  • POSSESSION: At Closing
  • Price Per SQFT: 67.9
  • Price: 798,000
  • ROOF: Composition
  • Sale/Rent: For Sale
  • Short Sale? (Y/N/U): NO
  • Status Category: Active
  • Status Date: 2017-12-26
  • Status: Active
  • STORIES: One Story
  • STYLE: Traditional
  • Subdivision: Northside
  • TENANT EXPENSES: Other (see remarks)
  • Type: Apartments
  • UTILITIES: Sewer-Public,​Water-Public,​Electric-Municipal
  • WARRANTY: Normal Wrkng Ordr,​ As O&A
  • Will Subdivide: No
  • Zoning: C


Street View Not Available
Directions to 900 Belt 902 Belt, Jonesboro, AR 72401
Johnson, North on Patrick, Left on Belt
The listing information for 900 Belt 902 Belt, Jonesboro, AR 72401 was graciously provided by our friends at the listing brokerage, Century 21 Wright-Pace Real Estate

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P&I Payment $3047.82
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Last Updated 04/23/2018 at 3:42am
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