1701 Booker Circle, Pea Ridge, AR 72751
- $5,550,000
- 33,468
- SqFt
- Sold Price
- $5,550,000
- List Price
- $5,700,000
- Closing Date
- Aug 15, 2023
- Status
- CLOSED
- MLS#
- ARKMLS-1242042
- Sq. Ft
- 33,468
- Acres
- 3.93
- Year Built
- 2023
- Subdivision
- Belmont Pea Ridge
Property Description
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.
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Additional Information
- Taxes
- $31,252
- New Construction
- Yes
- Style
- Ranch
- Roof
- Architectural, Shingle
- Appliances
- Dryer, Dishwasher, Electric Range, Electric Water Heater, Disposal, Microwave Hood Fan, Microwave, Refrigerator, Washer
- Fencing
- Partial
- Foundation
- Slab
- Levels
- One
- School District
- Pea Ridge
- Heating
- Heat Pump
- Cooling
- Central Air, Electric
Mortgage Calculator
Listing courtesy of Better Homes and Gardens Real Estate Journey Bento.
Selling Office: Limbird Real Estate Group.