1009 Flint St, Jonesboro, AR 72401

$825,000
10,580
SqFt

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List Price
$825,000
Days on Market
37
MLS#
10131471
Status
ACTIVE
Living Area
10,580
Acres
0.42
Subdivision
Ragsdale

Property Description

Excellent investment opportunity in the heart of Jonesboro! This well maintained 12-unit apartment complex is ideally located on the corner of Flint Street and Cherry Avenue, offering convenient access to shopping, restaurants, schools, and major roadways. The property consists of nine (9) 2-bedroom, 1-bath units and three (3) 1-bedroom, 1-bath units, providing a desirable mix of floor plans that appeal to a wide range of tenants. Residents enjoy the convenience of a shared on-site laundry facility with coin-operated washers and dryers, as well as private parking. The property has a strong rental history with consistent occupancy and offers significant upside potential for investors. Current rents present an opportunity for future increases, allowing a new owner to enhance cash flow and maximize returns over time. Tenants are responsible for all utilities, each having separate meters. Whether you're looking to expand your investment portfolio or acquire an income-producing asset with value-add potential, this apartment complex is one you won't want to miss. Financial information, current rent roll, and additional income and expense details are available upon request.

Additional Information

Roof
Architectural
Cooling
Window/Wall
Heating
Wall Unit(s)
Elementary School
Jonesboro Magnet
Middle School
Annie Camp

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Calculator source: Real Geeks

Listing courtesy of Select Properties.