403 E 3rd St | Hope, AR 71801
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403 E 3rd St
Hope, AR 71801
Cash Flowing Multi-Family Investment · Multifamily Property For Sale · 27 Units
Investment Highlights
- 27-unit apartment complex totaling five buildings and 15,320 square feet.
- Cash-flowing asset with value-add through rent escalations and improvements.
- Well-located in the heart of Hope near the main retail strip and Amtrak station.
- Excellent investment opportunity with low vacancy and an NOI over $54,000.
- Features on-site laundry facilities, an outdoor picnic area, and management and leasing offices.
PROPERTY FACTS
| No. Units | 27 | Building Size | 15,320 SF |
| Property Type | Multifamily | Average Occupancy | 89% |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Garden | Year Built/Renovated | 1955/2018 |
| Building Class | C | Parking Ratio | 2.61/1,000 SF |
| Lot Size | 1.03 AC |
| No. Units | 27 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | C |
| Lot Size | 1.03 AC |
| Building Size | 15,320 SF |
| Average Occupancy | 89% |
| No. Stories | 2 |
| Year Built/Renovated | 1955/2018 |
| Parking Ratio | 2.61/1,000 SF |
Unit Amenities
- Air Conditioning
- Dishwasher
- Washer/Dryer
- Heating
- Kitchen
- Refrigerator
- Oven
- Tub/Shower
- Freezer
Site Amenities
- Laundry Facilities
- Picnic Area
- Trash Pickup - Curbside
- Online Services
PROPERTY TAXES
| Parcel Number | 700-00310-000-C | Improvements Assessment | $34,980 |
| Land Assessment | $6,690 | Total Assessment | $41,670 |
PROPERTY TAXES
Parcel Number
700-00310-000-C
Land Assessment
$6,690
Improvements Assessment
$34,980
Total Assessment
$41,670
zoning
| Zoning Code | C (Commercial) |
| C (Commercial) |
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