305 Border Street
305 Border Street
305 Border Street
305 Border Street
305 Border Street
305 Border Street
305 Border Street
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$1,900,000

305 Border Street

17,664 Sq.Ft.

Description

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.

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Location

305 S Border Street, Benton, AR 72015

Status

Pending
Lindsey Blaylock

Lindsey Blaylock

TITLE

REALTOR®

Property Amenities

Interior
Flooring Other (see remarks)
Area & Lot
Lot Area 1 Acres
Living area 17,664 Sq.Ft.
MLS® ID 24024868
Year Built 1990
Architecture Styles Traditional
Type Commercial
Status Pending
Exterior
Air conditioning Central Cool-Electric, Central Heat-Gas
Other Exterior Features Dumpster, Video Surveillance
Lot Features Level
Roof Composition
Utilities Sewer-Public, Water-Public, Electric-Municipal, Gas-Natural
Finance
Sales Price $1,900,000
Real Estate Tax $4,653 yearly
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Thank you for your interest in 305 S Border Street, Benton, AR 72015. We are reviewing your request and will be in touch shortly!

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