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About This Home
This 0-bedroom, 0-bathroom residential multi family at 917 Ruth Ann Drive in Jacksonville, AR is listed for $560,000 ($325 per sqft). Built in 1985, the home offers 1,721 sqft of living space on a 0.05 acres lot.
7-unit multifamily investment portfolio located in Jacksonville, Arkansas consisting of a mix of 2BR/1.5BA and 3BR/2BA units. Current gross scheduled income approximately $56,520 annually. Offered at approximately a 6% cap rate based on current income with additional upside through rental adjustments and operational improvements.
Portfolio includes multiple floor plans with stable occupancy history and potential for increased returns through minor cosmetic updates and management improvements. Convenient location near LRAFB, major highways, shopping, and employment centers supports long-term rental demand. Ideal opportunity for investors seeking cash flow with future appreciation potential.
Key Features
- Built in 1985
- 0.05 acre lot
Property Details
Monthly Cost Estimate
$2,995/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
917 Ruth Ann Drive
Jacksonville, AR 72076
Briarfield Section #4
Features & Amenities
Interior Features
Exterior Features
Property Details
Flooring
Appliances
Questions & Answers
This 0-bedroom, 0-bathroom residential multi family at 917 Ruth Ann Drive is listed at $560,000 ($325/sqft). The estimated monthly payment is $2,427 based on 20% down at 6.5% interest.
Key features include: Built in 1985, 0.05 acre lot. Interior Features: Washer Connection, Dryer Connection-Electric. Exterior Features: Partially Fenced, Chain Link, Wood Fence.
This property is listed by Mital Patel and can be reached at 5017737377 or mital@alethesrealty.com.
