302 S Rhodes Street, West Memphis, AR

Health Care for Sale - $1,900,000 - 19,663 Sq. Ft.


Agent Info

Ashley Habiger

Property Info

CIMLS#1182331
Location
  302 S Rhodes Street
  West Memphis AR 72301
UpdatedOctober 6th, 2025
TypeHealth Care
Price$1,900,000
Building19,663 Sq. Ft.

Property Description

Excellent opportunity to acquire a fully-occupied, five-building (seven-suite) medical portfolio in West Memphis, AR, located in the Memphis, TN MSA, just eight miles from downtown Memphis. Healthcare real estate offers investors the opportunity for stable returns and long-term growth. This portfolio provides both: secure income and the opportunity to increase future returns through rental rate increases and a decrease in owner responsibility for OPEX. Lease terms range from 3-5 years, and two of the leases include renewal options and rent escalations. Each building is well-maintained and in a strong location for healthcare services. West Memphis is experiencing significant economic momentum, evidenced by recent and planned government and corporate investments, including a $4B Google data center, making this a prime time to acquire a recession-resistant asset in the city.


Financials

Income: $231,211

OPEX: $71,614

NOI: $159,598

Cap: 8.4%