8 Unit Apartment 9.3% Cap Rate

[Joshua Harmon]

In search of partners on an 8 Unit Apartment under contract for $175,000  w/ value-add opportunities.

Fort Smith, AR.

This deal appraised at $235,000 2 years ago.

Currently, Rents at $425 per unit w/ potential rent growth to $440 per unit.

Property currently Cashflows $2975 per month and we could realistically bump that up to $3080 per month at 88% occupancy.

Click here for more detailed info on this deal.

Give me a call at 479-650-3909 or email [email protected] if interested.