$760,000
0.5± Acres
Active
Sebastian County, AR

2308 Savannah Street, Fort Smith, Arkansas

MLS ID: 25013004
Status: Active
Price: $760,000
Acres: 0.5±
Type: Apartment Building, Apartment
Address: 2308 Savannah Street
City, State: Fort Smith, AR
County: Sebastian County
ZIP Code: 72903
Year Built: 1988

Description

This fully updated 12-unit apartment complex serves as a fantastic investment opportunity. Located in a prime area, this property consists of 7 one-bedroom units and 5 two-bedroom units, offering a diverse tenant mix and strong demand for rental space. The on-site laundry room provides convenient amenities for residents. There is an additional vacant room that can be used as a versatile space perfect for conversion into a gym, office, or additional community area. Strong opportunity to raise rents to market levels, maximizing income potential. This property is a great fit for investors looking for a well-maintained asset with immediate cash flow and room for future growth.

Directions: By Appointment Only, Tenant Occupied

Additional Information

Interior

Appliances: Free-Standing Stove, Electric Range, Refrigerator-Stays
Flooring: Vinyl
Heating: Other (see remarks)

Exterior

Architectural Style: Other (see remarks)
Exterior Features: Brick
Foundation Details: Slab
Lot Features: Level
Lot Size Source: Tax Records
Lot Size Square Feet: 8308
Parking Features: Assigned
Road Surface Type: Paved
Roof: Architectural Shingle, Pitch
Stories: Two Story

Financial/HOA/Schools

Subdivision Name: Mazzard Tracts
Zoning: RM-3

Extra Information

Documents Available: Termite Contract, Leases
Pamela Welch

Pamela Welch

Cave City, Arkansas

(870) 897-0700

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IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.

Listed By: Dakota Medler of Dalrymple - (501) 305-1983