2308 SAVANNAH ST
FORT SMITH, AR 72901

$756,000

0 Beds

0 Baths

8,308 Sq Ft

Status Pending

MLS# 1067140

The Pines on Savannah, located at 2308 Savannah Street Fort Smith, AR, is a premier 12 unit investment opportunity. This garden style apartment complex has been remodeled from top to bottom and has a proven track record of steady rent collection. The current ownership group has streamlined operations and rent collection online. Rents have been raised from $485 average to $687 average within 12 months. Based on rental comparables, there seems to be more room to increase the average with time. The unit mix consist of 7 one bedroom/one bathroom ($567 average) units and 5 two bedroom/one bathroom ($806 average) units. The on-site laundry room has been renovated and adds to the net income consistently. Showings will be conducted on scheduled tour dates. Please do not disturb the residents.

Details for 2308 SAVANNAH ST

Built in 0

$91 / Sq Ft

0 parking spaces

Electric

285 Days on website

0.5 acres lot

Interior

Appliances

Electric Water Heater

Flooring

Vinyl, Wood

Laundry Features

Electric Dryer Hookup

Living Area

8,308 SqFt.

Building And Construction

Property Sub Type

Single Family Residence

Property Type

Residential

Security Features

["None"]

Exterior And Lot

Exterior Features

Concrete Driveway

Lot Features

Subdivision

Lot Size Acres

0.5

Lot Size Square Feet

21780

Lot Size Units

Acres

Parking Features

Assigned

Utilities

Cooling

["Electric"]

Heating

Electric

Area And Schools

City

Fort Smith

County Or Parish

Sebastian

Subdivision Name

Mazzard Tracts

Financial Info

Buyer Agency Compensation^*

^*The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.

Tax Annual Amount

$2,947