305 S Border St
This feature is unavailable at the moment.
We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.
Please check back in a few minutes. We apologize for the inconvenience.
- LoopNet Team
thank you
Your email has been sent!
305 S Border St
24 Unit Apartment Building $1,900,000 ($79,167/Unit) Benton, AR 72015
Investment Highlights
- Minutes from downtown and blocks away from freeway access.
- 49 windows have been replaced.
- 12 apartments have new open floor plans & have been completely remodeled within the last 5 years, including upgraded counter tops lighting & cabinets.
- 6 exterior stairwell / decks have been replaced and painted.
- 11 apartments have original floor plans and have been completely remodeled (no upgrade to cabinets or counter tops but floors and paint done.
- A new sump pump was installed to improve drainage.
Executive Summary
Perfectly maintained and updated, minutes from downtown and blocks away from freeway access. Fantastic opportunity to start or build an investment portfolio as property has been well kept with excellent tenants. Easy to rent.
Updates include: 1.) 6 exterior stairwell / decks have been replaced and painted. 2.) Exterior concrete scraped and painted around all units. 3.) 49 windows have been replaced 4.) Fence added along the drainage ditch 5.) 15 new HVAC units 6.) 12 Water heaters 7.) A new sump pump was installed to improve drainage. 8.) 30 various appliances (refrigerator, washer, dryer, stove, dishwasher) 9.) 12 apartments have new open floor plans and have been completely remodeled within the last 5 years, including upgraded counter tops lighting, cabinets and flooring. 11 apartments have original floor plans and have been completely remodeled, (no upgrade to cabinets or counter tops but floors and paint done). 2 units have tenants that have lived in the units for over 5 years and no recent upgrades have been made.
Updates include: 1.) 6 exterior stairwell / decks have been replaced and painted. 2.) Exterior concrete scraped and painted around all units. 3.) 49 windows have been replaced 4.) Fence added along the drainage ditch 5.) 15 new HVAC units 6.) 12 Water heaters 7.) A new sump pump was installed to improve drainage. 8.) 30 various appliances (refrigerator, washer, dryer, stove, dishwasher) 9.) 12 apartments have new open floor plans and have been completely remodeled within the last 5 years, including upgraded counter tops lighting, cabinets and flooring. 11 apartments have original floor plans and have been completely remodeled, (no upgrade to cabinets or counter tops but floors and paint done). 2 units have tenants that have lived in the units for over 5 years and no recent upgrades have been made.
Property Facts
Price | $1,900,000 | Building Class | B |
Price Per Unit | $79,167 | Lot Size | 1.00 AC |
Sale Type | Investment | Building Size | 17,764 SF |
No. Units | 24 | Average Occupancy | 100% |
Property Type | Multifamily | No. Stories | 2 |
Property Subtype | Apartment | Year Built | 1990 |
Apartment Style | Low Rise | Parking Ratio | 1.69/1,000 SF |
Price | $1,900,000 |
Price Per Unit | $79,167 |
Sale Type | Investment |
No. Units | 24 |
Property Type | Multifamily |
Property Subtype | Apartment |
Apartment Style | Low Rise |
Building Class | B |
Lot Size | 1.00 AC |
Building Size | 17,764 SF |
Average Occupancy | 100% |
No. Stories | 2 |
Year Built | 1990 |
Parking Ratio | 1.69/1,000 SF |
Unit Amenities
- Air Conditioning
- Heating
- Kitchen
- Oven
- Tub/Shower
Site Amenities
- 24 Hour Access
- Tenant Controlled HVAC
- Walk-Up
- Smoke Detector
Unit Mix Information
Description | No. Units | Avg. Rent/Mo | SF |
---|---|---|---|
2+1 | 24 | - | 800 |
1 of 1
PROPERTY TAXES
Parcel Number | 805-18670-000 | Improvements Assessment | $103,151 |
Land Assessment | $8,712 | Total Assessment | $111,863 |
PROPERTY TAXES
Parcel Number
805-18670-000
Land Assessment
$8,712
Improvements Assessment
$103,151
Total Assessment
$111,863
1 of 7
VIDEOS
3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
1 of 1
Presented by
305 S Border St
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.