3720 Miramar Drive,Pine Bluff, AR 71603
Pine Bluff, AR 71603
Description
Investment opportunity featuring a well-maintained 22-unit apartment complex with professional property management already in place. The property consists entirely of 1-bedroom, 1-bath units and offers a functional two-story design constructed on a slab foundation. Currently, 14 of the 22 units are occupied, providing immediate rental income with additional upside through lease-up of the remaining units. The property has been well cared for and offers an excellent opportunity for an investor looking to add a manageable multifamily asset to their portfolio. With professional management already established, a consistent unit mix, existing occupancy, and additional income potential as vacant units are filled, this property offers both current cash flow and room for growth. Financial information, rent roll, and additional property details available upon request.
Details
| MLS # | 26039287 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | For-sale |
| Status | Active |
| Year | 1986 |
| Days On Site | 31 |
| Listing Provided By | Re/Max Platinum | Wes Brown |
Features
| Story(s) | 2 |
|---|---|
| Units | 22 |
| Zoning | R |
| Acreage | 0.88 |
Exterior
| Exterior | Brick & Frame Combo |
|---|---|
| Roof | Composition |
| Foundation | Slab |
Utilities
| Utilities | Sewer-Public, Water-Public, Electric-Municipal |
|---|
Taxes
| Property | 7176 |
|---|
Area Information
| State | AR |
|---|---|
| County | Jefferson |
| City | Pine Bluff |
| Zip Code | 71603 |
| Area | PINE BLUFF (WATSON CHAPEL CENTRAL) |
| Subarea | PINE BLUFF (WATSON CHAPEL CENTRAL) |
| Community Name | Metes & Bounds |
| Listing VS Median (in Metes & Bounds) | |
Price: $700,000 low | high Med: $210,000 On site: 31 low | high Med: 114 | |
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Learn More About This Property
| State | AR |
|---|---|
| County | Jefferson |
| City | Pine Bluff |
| Zip Code | 71603 |
| Area | PINE BLUFF (WATSON CHAPEL CENTRAL) |
| Subarea | PINE BLUFF (WATSON CHAPEL CENTRAL) |
| Community Name | Metes & Bounds |
| Listing VS Median (in Metes & Bounds) | |
Price: $700,000 low | high Med: $210,000 On site: 31 low | high Med: 114 | |