430 E Locust Street, Rogers, AR 72756

$900,000
11,796
SqFt
Sold Price
$900,000
List Price
$1,250,000
Closing Date
Aug 22, 2023
Status
CLOSED
MLS#
ARKMLS-1237963
Sq. Ft
11,796
Acres
2.63

Property Description

Fantastic investment opportunity! Apartment complex consists of two buildings and eight separate units. Each apartment boasts approximately 1500 sq ft living space, two spacious bedrooms, one full and one half baths, full kitchen with dining area. Every unit includes stove, dishwasher, water heater, washer and dryer hookup, and a large brick wood burning fireplace. Each unit has its own private front and rear access with two vehicle carport covered parking. Property sits on 2.63 acres with grassy common areas. Both buildings and four shared storage sheds received new roofs in 2021. Many updates to units made over time. Each unit having recently received updated stoves and dishwashers. Many HVAC units replaced over last several years. Located just a few city blocks from historical downtown Rogers. Sellers estimate a 90 occupancy rate over the last 10 years. Please have pre-qualification or proof of funds available and attached to any offer. Allow for 72 hour response to any offers.

Additional Information

Taxes
$5,211
Roof
Architectural, Shingle
Appliances
Electric Water Heater
Foundation
Slab
Heating
Central
Cooling
Central Air

Mortgage Calculator

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Calculator source: Real Geeks

Listing courtesy of Exit Taylor Real Estate Branch Office. Selling Office: Third Street Realty Services.