All Forum Posts by: Kayla Huiras

Magnolia, Arkansas 

8 unit Portfolio (4plex, duplex & 2 single family homes)

OWNER FINANCE 20% down / CASHFLOW! 325k PRICE

100% occupancy and getting calls everyday! Owner who manages himself is moving out of the area and wants to sell.

4 plex (322 S Jackson st Magnolia Arkansas 71753) Rents for $1,750 total

Condition - Needs cosmetic work seller plans to paint exterior before selling.

Built in early 1900’s

Google Earth - https://www.google.com/maps/place/404+S+Jackson,+Magnolia,+AR+71753/@33.264104,-93.2393937,3a,75y,93.77h,78.03t/data=!3m6!1e1!3m4!1szq9bXWuytJaFgVJjGEZD-Q!2e0!7i13312!8i6656!4m5!3m4!1s0x8633cf7524731ad7:0xe68357f0dc81becf!8m2!3d33.264046!4d-93.239166

Duplex (400 Jefferson st Magnolia Arkansas 71753) Rents for $750 (rents could be raised to 500 on 3 bed side but tenant’s been there 40 years and always on time)

Built in?

Google Earth - https://www.google.com/maps/place/402+Jefferson+st+magnolia+ark/@33.270256,-93.2412742,3a,75y,85.87h,90t/data=!3m4!1e1!3m2!1sW32PeBERhwuJ9BTFXJ7VRw!2e0!4m2!3m1!1s0x8633cf72545c3081:0x3975b11cfc10a5db?sa=X&ved=0ahUKEwiA6OK2lsXaAhVJbK0KHZW-CDAQxB0IKTAA

House #1 (1616 N. Washington st Magnolia Arkansas 71753) 3b/1 & half bath 60k rents for $700

College Girl Parents pay for her always on time.

Built in 50s

Google Earth - https://www.google.com/maps/place/1616+Washington+St,+Magnolia,+AR+71753/@33.2825648,-93.2393884,3a,75y,93.93h,90t/data=!3m6!1e1!3m4!1sh26ApDvwmv2hmBOYyxUK4g!2e0!7i13312!8i6656!4m5!3m4!1s0x8633cf6ac0dbb753:0x3b030ab469e59849!8m2!3d33.282575!4d-93.239245

House #2 (102 College view Magnolia Arkansas 71753) 49k rents for $600

Tenant been there 5 months been on time so far.

Built in late 60s

Google Earth - https://www.google.com/maps/place/1616+Washington+St,+Magnolia,+AR+71753/@33.2830985,-93.2390648,3a,75y,176.03h,79.05t/data=!3m6!1e1!3m4!1srkeu51RTorMrqMdopdT5aw!2e0!7i13312!8i6656!4m5!3m4!1s0x8633cf6ac0dbb753:0x3b030ab469e59849!8m2!3d33.282575!4d-93.239245

(( Tenants pay all utilities except for water in 4 plex ))

All roofs are around 10-15 years old.

Some cosmetic work needed here and there but tenants are happy and all units stay occupied.

Possible bunk bed rentals as a value play vs just renting units.

Total Rental Income -

Per Month - $3,800

Per Year - $45,600

Magnolia Info -

Population 11,000

Columbia County

Southern Arkansas University

79 miles from Shreveport La

53 miles from Texarkana Tx

Financing Mortgage info -

Interest Rate - 7.25% (this is rate seller is paying on his notes)

Price - 325k

20% down = 65k

12 year amm. = $2709

Don't hesitate to call or message with any questions!

Kayla

(501) 444-2031

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Way to go! That's Fantastic!

Duplex for sale in Arkansas and motivated seller! Message Kayla on BP or at (501) 379-0009 with your e-mail, interest and questions and I will provide you with all the information you need and several more pictures.

Way to go!!! Very motivational, especially Investing from Arkansas!

@Elizabeth I Winnals I am messaging you.

@Pat Alford I would go with several properties (Of course, depending on condition, age, rehab, etc.) Or, MF with several doors would be a great way to go. I would have to see the properties to make that decision.

Bonus question: Invest your $100,000 with someone that can offer you an incredible rate of return on your money, backed by real estate locally. I am a Realtor and REI in central Arkansas. Message me if you want to talk.

We are offering a 10% interest only return for financing our project, purchase and rehab.

Purchase price: $50,000

Rehab: $45,000

ARV: $145,000 (Will provide current comps.)

We would like to make a deal for 6 months with possible extension of 3 months. (Extension not typical.)

Located in North Little Rock, Arkansas.

Want to close on purchase of property the beginning of December with intent of having the property on the market beginning of February. This will be the start of rehab number 4. References available upon request.

I am the Realtor and REI in this scenario. My partner and I currently invest in central Arkansas, flips and buy and holds. Looking to build a solid team and expecting to start new deals as other deals wrap up.

Contact us if that profile fits something you may be interested in. Thank you!

Kayla @ (501) 444-2031

or

[email protected]

@Clint Everhart Sherwood, just outside the city limits.

@Dustin Davis Sherwood

A. Brick Duplex just hit the market this morning in central Arkansas, HOT investment, message me with your e-mail and questions because it will not last long!

B. 16 Unit portfolio filled with brick duplexes and triplexes in a quiet, safe neighborhood , incredible return, also in central Arkansas. Message me for more details.