1900 Labette, Little Rock, AR
Multi-family for Sale - $330,000 - 8,640 Sq. Ft. on 0.7 acres
Property Info
| CIMLS# | 801441 |
| Location 1900 Labette Little Rock AR 72205 | |
| Updated | April 22nd, 2016 |
| Type | Multi-family |
| Price | $330,000 |
| Building | 8,640 Sq. Ft. |
| Land | 0.7 acres |
Property Description
Labette Manor Apartment Complex is an attractive multi-family asset that consists of eight 1080 sq.ft. units. Each apartment contains 3 bedrooms and 2 bathrooms. The units are well maintained and are attractive. The units are electric cooled and gas heated.
Location Description:
Very nice and well maintained 8 unit apartment complex.
Nice neighborhood
South of Kanis Road and Baptist Medical Center
West of John Barrow Road
Highlights:
>> Built in 1989
>> Close To Baptist Health Center--6 minute drive
>> Nice Neighborhood
>> Quiet Setting
>> 12 minute drive to Arkansas Children's Hospital
>> Close to "Second Addition Lake"
>> Brady Elementary
>> Henderson Middle School
>> Hall High School
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Financials
Sales Info:
>> Cap rate: 10.39%
>> Commision split: 4.0%
>> NOI: $37313
