NOT LISTED FOR SALE

1 Various Addresses Newport, AR 72112

-- Bed
-- Bath
16,967 Sq Ft
436 Sq Ft Lot

Last Sold January 29, 2024

Last sale price $585,000 $34 Per Sq Ft

35 Days on Market

Highlights

  • Wood Flooring
  • Central Heating and Cooling System
  • Wood Siding
  • 1-Story Property

About This Home

As of January 2024

Investor looking to sell 16 units. All but 3 are occupied. Some brick, slab, CHA, Window AC, Crawl space. Variety of nice portfolio. Great cash flow in today's rental market. Property management available through Bratcher Real Estate if desired. Appt necessary to see interiors. Call Mary Reid 870-512-8660.

Last Listed By

Mary Reid

Bratcher Real Estate License #00049842 Listed on: 10/02/2023

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,549

Lot Details

  • 436 Sq Ft Lot

Home Design

  • Brick Exterior Construction
  • Shingle Roof
  • Metal Roof
  • Wood Siding
  • Metal Siding
  • Vinyl Siding

Interior Spaces

  • 16,967 Sq Ft Home
  • 1-Story Property
  • Blinds

Flooring

  • Wood
  • Carpet
  • Concrete
  • Vinyl

Schools

  • Newport Elementary And Middle School
  • Newport High School

Utilities

  • Central Heating and Cooling System
  • Cooling System Mounted To A Wall/Window
  • Heating System Uses Natural Gas
  • Heating System Mounted To A Wall or Window

Community Details

Overview

  • 17 Units

Building Details

  • Insurance Expense $2,565
  • Maintenance Expense $4,500
  • Professional Management Expense $7,669
  • Gross Income $100,500

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,549

Lot Details

0

Listing Details

  • Type: Multi-Family
  • Property Sub Type: Home W/ Rental Units
  • Style: 1 Story
  • Builder Owned: No
  • Legal Description: see attached list
  • Levels: One Level
  • Special Features: None
  • Stories: 0

Interior Features

  • Windows Treatments: Blinds
  • Floors: Carpet, Concrete, Hardwood, Vinyl
  • Price Per Square Foot: 34.48
  • Square Footage: 16967.0

Exterior Features

  • Exterior: Brick, Metal Siding, Vinyl Siding, Wood
  • Flood Zone: Unknown
  • Roof: 3-Tab Shingles, Metal

Utilities

  • Cooling Features: Central Air, Wall/Window Unit
  • Heat Features: Central, Electric, Natural Gas, Wall Heater Ventless
  • Electric Features: Entergy, Other
  • Gas Features: Natural Gas
  • Sewer Septic: City Sewer
  • Water Supply: City

Condo/Co-op/Association

  • Association: nearkansas
  • Management Expenses: 7669.00

Schools

  • Elementary School: Newport
  • Middle School: Newport
  • High School: Newport

Lot Info

  • Acres: 0.0100
  • Lot Dimensions: varies
  • Lot Measurement: Acres
  • Lot Size Sq Ft: 436.00
  • Price Per Acre: 58500000.00

Rental Info

  • Maintenance Expenses: 4500.00

Tax Info

  • Year: 2022
  • Taxes: 4549.00

Multi Family

  • InsuranceExpense: 2565.00
  • GrossIncome: 100500.00
  • Number of 2 Bedroom Units: 7
  • Number of 3 Bedroom Units: 9
  • Number Of Units: 17

MLS Schools

  • Elementary School: Newport
  • HighSchool: Newport
  • Jr High School: Newport

Range of Values:

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Average Value
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Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/29/2024 01/29/24 Sold $585,000 -16.3% $34 / Sq Ft
11/06/2023 11/06/23 Pending -- -- --
10/02/2023 10/02/23 For Sale $699,000 -- $41 / Sq Ft
Source: Northeast Arkansas Board of REALTORS®

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northeast Arkansas Board of REALTORS®

MLS Number: 10110476

Northeast Arkansas Board of REALTORS®