305 S Border Street $1,900,000

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    305 S Border Street Benton, AR 72015

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    • 17,664 sq. ft.
    • 1.00 Acres
    • Commercial/Industrial
    • MLS# 24024868
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    Views: 83 Days On Site: 161

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    Property Details

    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.

    • General Features
      • STYLE Traditional
      • Subdivision Not in Subdivision
      • Foreclosure REO NO
      • County Saline
      • Business Name Border Street Apartments
      • Business Type Apartment Complex
      • Area BENTON
      • Annual Taxes 4652.88
    • Building Features
      • EXTERIOR Frame
      • Exterior Features Dumpster
      • HEATING AIR Central Cool-Electric,Central Heat-Gas
      • FLOORS Other (see remarks)
      • FOUNDATION Slab
      • UTILITIES Sewer-Public, Water-Public, Electric-Municipal, Gas-Natural
      • ROOF Composition
    • Property Features
      • Approx Acreage 1
      • ROAD SURFACE Paved

    Contact

    Cheryl Shook

    Cheryl Shook

    Broker Owner

    PB00057299

    RE/MAX Advantage Heber Springs

    Mobile Phone: 870-672-2054

    Neighborhood

    Neighborhood Details available exclusively for My Property Finder members

    Property History

    Date Event Price Percent Change
    -- Current Price Source: Multiple Listing Service New Value: $1,900,000
    11/19/2024 3:11:07 PM Status Changed Source: Multiple Listing Service New Value: Take Backups
    10/31/2024 3:25:48 AM Status Changed Source: Multiple Listing Service New Value: Active
    10/24/2024 7:26:02 AM Status Changed Source: Multiple Listing Service New Value: Price Change
    10/24/2024 7:26:02 AM Price Reduced Source: Multiple Listing Service New Value: $1,900,000 -9.52%
    10/10/2024 3:25:58 AM Status Changed Source: Multiple Listing Service New Value: Active
    10/3/2024 1:26:08 PM Status Changed Source: Multiple Listing Service New Value: Back on Market
    8/5/2024 5:26:01 PM Status Changed Source: Multiple Listing Service New Value: Take Backups
    7/20/2024 3:26:02 AM Status Changed Source: Multiple Listing Service New Value: Active
    7/13/2024 9:56:00 AM New in Database Source: Multiple Listing Service New Value: $2,100,000

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    Data last updated 12/21/2024 6:26:06 PM PST.


    Note: All room dimensions, including square footage data, are approximate and must be verified by the buyer. The information contained herein is furnished by the owner to the best of his/her knowledge but is subject to verification by the purchaser, and agent assumes no responsibility for the correctness thereof. The sale offering is made subject to errors, omissions, change of price, prior sale, or withdrawal without notice. In accordance with the Law, this property is offered without respect to race, color, creed, national origin, sex, familial status or disability. This is not intended to solicit property currently listed.