101 S Locust Street

Searcy, AR 72143
Square Ft.
8,568
$995,000
Excellent investment opportunity just one block from Downtown Searcy and only minutes from Harding University! This 16-unit multifamily property features all one-bedroom, one-bath apartments averaging approximately 530 square feet each. The property is currently 100% occupied, with rents ranging from $450 to $625 per month and current scheduled rents totalingRead MoreRead Less
Courtesy of Howell Realty Pros
Listing Snapshot
Days Online
1
Last Updated
Property Type
Apartments
Square Ft.
8,568
Lot Size
0.34 Acres
Year Built
1980
MLS Number
26037374
Property Location Map
Additional Details
Building
Building is 8,568 square feet, 16 units, Built in approximately 1980, 16 one-bedroom units, Builder: From Main Street/Beebe Capps intersection, go North on Main, turn right onto Center Street, go one block and apartments will be on the corner of Center and Locust. Only one block off of main street and a few blocks West of Harding University., Stories: Two Story, Style: Traditional
Exterior Features
Partially Fenced, Frame
Floors
Tile, Vinyl
Foundation
Slab
Garage
Parking Pads
Heating & Cooling
Window Units
Kitchen
Electric Range, Refrigerator-Stays
Lot
Approximately 0 acres, Approximate lot size: 100x100, Level, Corner Lot
Income
Annual income: $107,400
Expenses
Annual expenses: $23,270
Tenant Pays
Electric, Cable
Property
Zoning: Commerical
Roof
Architectural Shingle
Taxes
Annual taxes: $2,000
Utilities
Sewer-Public, Water-Public, Electric-Municipal
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Marilyn McKimmey
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