Pending
305 S Border Street
Benton AR, 72015
$1,900,000
$107.56 per sqft
Pending
17,664 sqft
Commercial
Built in 1990
Perfectly maintained and updated, minutes from downtown and blocks away from freeway access. Fantastic opportunity to start or build an investment portfolio as property has been well kept with excellent tenants. Easy to rent. Updates include: 1.) 6 exterior stairwell / decks have been replaced and painted. 2.) Exterior concrete scraped and painted around all units. 3.) 49 windows have been replaced 4.) Fence added along the drainage ditch 5.) 15 new HVAC units 6.) 12 Water heaters 7.) A new sump pump was installed to improve drainage. 8.) 30 various appliances (refrigerator, washer, dryer, stove, dishwasher) 9.) 12 apartments have new open floor plans and have been completely remodeled within the last 5 years, including upgraded counter tops lighting, cabinets and flooring. 11 apartments have original floor plans and have been completely remodeled, (no upgrade to cabinets or counter tops but floors and paint done). 2 units have tenants that have lived in the units for over 5 years and no recent upgrades have been made. The average rent has gone from 550 monthly to 800 monthly.
24024868
MLSⓇ ID
July 13, 2024
Listed
November 19, 2024
Updated
Map
305 S Border Street
Benton AR, 72015
Interior Features
Floor Description
Other (see remarks)
Fireplace
No
Cooling
No
Cooling Description
Central Cool-Electric, Central Heat-Gas
Heating
No
Exterior/Building Features
Lot Size
1 Acre
Exterior Features
Dumpster, Video Surveillance
Lot Features
Level
Architectual Style
Traditional
Roof
Composition
Other Property Details
Area Name
BENTON
Taxes
$4,653
Tax Frequency
Annually
Days on Market
130
Garage
No
View
No
Pool
No
Listing History
Date | Event | Price |
|---|---|---|
11/19/2024 | Pending | — |
10/24/2024 | Price change | $1,900,000 -10% |
10/3/2024 | Active | — |
8/5/2024 | Pending | — |
Courtesy of Bailey & Company Real Estate, Lindsey Blaylock
Listing Contact: 501-317-9782
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Data last updated 11/19/2024, 9:21 PM UTC.
