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Cardenas & Associates Realty
4308,4400-4416,4508-4516 Yorkshire Drive, Fort Smith, AR 72903
- $1,950,000
- 29,088
- SqFt
- List Price
- $1,950,000
- Status
- ACTIVE
- Days on Market
- 50
- MLS#
- 1091872
- Subtype
- Residential
- Year Built
- 1975
- Living Area
- 29,088
- Acres
- 0.34
- Subdivision
- Sutton Estates #3
Property Description
This 24-Unit multifamily portfolio offers a rare, fully stabilized real estate investment! This listing comprises six contiguous quadruplexes! [4400, 4308, 4408, 4416, 4508, 4516] Yorkshire Drive. Each building is 2-level 4,848 sqft. Positioned conveniently off the I-540 exit, this portfolio is highly attractive to a strong tenant base due to its immediate proximity to major local anchors like Walmart, Kimmons Jr. High, Sutton Elementary, a short drive to the University of Arkansas Fort Smith! The property is 100% occupied, delivering a strong 8.00% cap rate with a highly efficient utility structure where tenants pay all their utilities, with the exception of a single landlord-paid water bill for one building. This investment guarantees a consistent, long-term pool of prospective family and commuter tenants! Calling all investors to not miss out on this rare opportunity to add value to their real estate portfolio!
Additional Information
- Exterior Features
- Concrete Driveway
- Taxes
- $10,030
- Flooring
- Carpet, Ceramic Tile
- Appliances
- Electric Water Heater
- Heating
- Electric
- Air Conditioning
- Central Air, Window Unit(s)
- Stories
- 2
- Roof
- Architectural, Shingle
- Foundation
- Slab
- Parking Features
- Attached Carport, Covered, Carport, Detached, Garage, Parking Lot
- Elementary School
- Sutton
- Middle School
- Kimmons
- High School
- Northside
Listing courtesy of Ronald Tran from Warnock Real Estate LLC