Turnkey income-producing multifamily opportunity in Newport, AR (Jackson County). 16 one-bedroom studio units, fully leased. Cinder block exterior and metal roof - durable, low-maintenance construction that minimizes long-term repair and replacement costs compared to wood-frame/shingle multifamily stock. There are 3 buildings which consists of Building #1-4 units, Building #2 & #3 -6 units each. Cash flowing opportunity from the first day of ownership.
Features
directions_car2 carspaces
directions_car2 garage spaces
6000 sq. ft. floor area
crop_free0.47 ac. lot size
cottageMulti-Family
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Local market activity for multi families in Newport
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