3.93 Acres in Pea Ridge, AR - $5,700,000
Brand new multi-family community in Pea Ridge for sale with an estimated cap rate of 5.6%*. 24 total units made up of three all brick duplexes, two triplexes and three fourplexes. Located across the street from Pea Ridge Junior High and Elementary School. Rents range from $1,250 on the 2BR units to $1450 for a 3BR unit. There are 18-3BR units & 6-2BR units. Total projected gross rent income is $410,400*. Each unit is designed to be low maintenance with wood looking vinyl flooring, led lighting, all electric including energy efficient heat pumps. Every unit comes with a refrigerator and washer/dryer. Tenant pays all utilities. Owner would pay for mowing and landscape upkeep. For floor plans and more information ask for the marketing packet from your agent or contact listing agent.
From elevation to risk assessment
Search for detailed parcel information including; Elevation & Vegetation Maps, Ownership Information, Detailed Parcel Information, Crop History Map, Soil Survey Productivity Data, and more.
Research Parcel Information