ONE 2 STORY 12 DOOR BLDG + THREE 4-PLEXES =24 APARTMENTS
The 2 story apartment blg contains 12, 2 BR 1.5 Bath units with washer, dryer, stove and refrig included. Tenants pay thier own utilities. Rents avrg $600 a month. New roof coating 3 yrs ago at a cost of $100K. The three 4-Plexes are 2 BR/ 1 Bath units. Total of 12 doors. Stove, Refrig, Washer and Dryer are supplied for the tenants. Tenants pay their own utilities. Brick exteriors. New roof on one of the 4-plexes. Two of the 4-plexes are on the same parcel and the 3rd 4-plex is located approx 5 miles away. The three 4-Plexes must be sold together, asking $740,000. The 2 story bldg with 12 units can be purchased separately for $720,000. Current Insurance $9,008 yr. Great Tax Deferred Exchange Property. All properties located in Russellville, AR. 6% Vacancy rate last year.