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4308,4400-4416,4508-4516 Yorkshire Drive, Fort Smith, AR 72903

$1,950,000
: 4,848
SqFt

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List Price: $1,950,000
MLS#: 1091872
Status: ACTIVE
County: Sebastian
City: Fort Smith
Subdivision: Sutton Estates #3
Living Area: 4,848
Acres: 0.34

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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!

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Additional Information

Days on Market: 23
Year Built: 1975
Stories: 2
Cooling: Central Air, Window Unit(s)
Heating: Electric
Exterior Features: Concrete Driveway
Roof: Architectural, Shingle
Elementary School: Sutton
Middle School: Kimmons
High School: Northside