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.
Features
13104 sq. ft. floor area
crop_free0.88 ac. lot size
cottageMulti-Family
Property history for 3720 Miramar Drive
2024
Sold
$635,000
27 Dec 2024 by Todd Armstrong, of Century 21 United Pine Bluff
Happy sellers in Pine Bluff
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Local market activity for multi families in Pine Bluff
Sold
For Sale
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